March 2024 Real Estate Report

Homes For Sale
206 Total
Homes For Sale
Homes added
126 Homes
Added to the Market
Homes For Sale
71 Homes
Sold
Compared to Previous Month
15%
More Homes For Sale
home chart
7%
More Homes Sold
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Last month in March, housing in Rancho Mirage, CA ended with 126 homes being added to the market for sale, for a cumulative monthly total of 206 homes for sale - up 15% compared to February. Rancho Mirage, CA had a total of 71 homes sold for the month - up 7% from the month prior.

Detached led the way in homes sold with a total of 49 - up 16%, while attached totaled 22 in closed sales - down -14% from the month of February. The number of detached properties sold under 1500 square feet totaled 1 for the month of March, while homes from 1500 to 2000 square feet recorded 5 sales and homes sized from 2000 to 2500 square feet had 6 sales. While homes from 2500 to 3000 square feet square feet recorded 16 homes sold and homes from 3000 to 3500 square feet had 9 sales, while homes in the 3500 to 4000 square feet range totaled 3 homes sold. Homes from 4000 to 4500 square feet had 3 sales, homes from 4500 to 5000 square feet had 2 sales and homes over 5500 square feet recorded 3 homes sold.

The number of attached homes sold under 1500 square feet numbered 6, attached homes in the square feet range of 1500 to 2000 recorded 8 sales and attached properties from 2000 to 2500 square feet had a total of 6 homes sold. Attached properties from 2500 to 3000 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Rancho Mirage, CA?
May:
84 Homes Sold
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The last 12 month period for the city of Rancho Mirage, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and March 2024. The months of May 2023, June 2023 and March 2024 had 84 - 73 and 71 homes sold, respectively, as compared to an average of 55 for the other months of the year.

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When do homes sell the fastest in Rancho Mirage, CA?
January:
49 Days On Market
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The last 12 month period for the city of Rancho Mirage, CA shows that homes sold the fastest during the months of April 2023, November 2023 and January 2024. The months of April 2023, November 2023 and January 2024 had 50 - 50 and 49 days on market, respectively, as compared to an average of 65 for the other months of the year.


Average Price Of Homes Sold In Rancho Mirage, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Rancho Mirage, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Rancho Mirage, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024426671 - - - - - - - - - 179
2023295973708473426252536150708
202283771169211165405439513844810
2021969814912512110110464688281821171
20207280774742711111201341291041201107
20195161861059374677074726271886
201870749211210882746964675258922
201750701079510992748753476073917
Average Days On Market (DOM) In Rancho Mirage, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024496270 - - - - - - - - - 60
202371645450546273656468506762
2022464410631262536343743455744
202187707368514647363941373853
2020947788818080991045984646381
20198790808410088999797100797390
20188282898095102971056969705983
201788999270928312598791021079994
Average Days From List To Close Of Escrow In Rancho Mirage, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024887885 - - - - - - - - - 84
2023939982788082939887102729789
20227064132596067551146567688275
2021112969193766580576261566976
202013812111911010712314313711712610492120
2019117120104111126113129143120128110101118
20181141071141151191271281309697104100113
2017127145132136138126160139117137138124135
Number of homes added to the market in Rancho Mirage, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024127106126 - - - - - - - - - 359
2023122881238796866989969698701120
20227710193897465455173747142855
20218710111110085808190749591641059
20201209863527810310811211711490791134
201910510179857457595676877549903
20181008875656657606066959344869
20171167681776962475364859575900