Palm Springs

Palm Springs


Palm SpringsPalm Springs is considered an international oasis. It is located in the Coachella Valley which also encompasses Palm Desert, Palm Springs, Rancho Mirage, Cathedral City, Indian Wells, La Quinta, Indio, Desert Hot Springs and a variety of unincorporated communities in Eastern Riverside County.

Housing is a mix of condos, single-family homes, gated communities and golf and tennis country clubs.

Palm Springs became famous as a playground for the Hollywood crowd who wanted a tranquil place to rest and socialize. Many of these stars and public figures played a key role in the prosperity of the city and surrounding communities. In their honor several streets bear their names. In Rancho Mirage the most well known are: Frank Sinatra, Bob Hope, Gerald Ford and Ginger Rogers Drs. and Dinah Shore Trail.

The advances of modern technology, the boom in real estate and the diverse choices of entertainment have transformed this area from a seasonal destination to a year round experience. Today many Baby Boomers retire in the Coachella Valley and young families also call it home. They are attracted by the warmth of the desert, the beautiful and colorful landscapes and the star studded night skies.

The desert residents enjoy a variety of leisure activities including fine dining, plenty of shopping, outdoor sports and casual casinos. In addition, the finest hot minerals water aquifers have created some of the best full-service spas. Tribal canyons provide challenging hiking adventures. Today, the Coachella Valley is known for its big-name musical festivals, championship tennis, golf and heavyweight boxing matches.

Rancho Mirage is an exclusive wealthy community with luxury residential developments and impressive country clubs. It is a manicured and clean community with parks, sculptured sidewalks and beautiful trails. It also offers state-of-the-art facilities including the Rancho Mirage Public Library, the Eisenhower Medical Center (EMC), the Barbara Sinatra Children´s Center, the Betty Ford Center and The Children´s Discovery Museum of Rancho Mirage.

Sunnylands is Rancho Mirage´s most lavish and impressive estate. The 650 acres with its own golf course was built by the late ambassador, business man and philanthropist Walter Annenberg who entertained kings, presidents and dignitaries from all over the world.

Cabazon about 20 minutes west of Palm Spring has high-end, well-known brand outlets offering bargain prices from a variety of designers. In Palm Desert, the famous El Paseo is lined with chic boutiques, art galleries and restaurants that rival Rodeo Drive. Nearby big bulk stores like Costco, Best Buy, Home Depot and others have come to serve the everyday needs of this growing community.

Palm Springs has a classic mid-century modern architecture that adds an air of contemporary sophistication to the desert landscape. It is filled with shops, restaurants, art galleries, pubs and every kind of boutique. There are several attractions in Palm Springs including the Palm Springs Ariel Tramway, the Palm Springs Art Museum and the Palm Springs International Film Festival held every year in January.

Market Stats for Palm Springs

by Price Range

General Stats

Highest Price Listing

$4,300,000

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Average Listing Price

$744,380

Total Market Listings

370

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Average Price Per Sq Ft

$362.00