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.
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.
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.
Number of homes sold in Rancho Mirage, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 42 | 66 | 71 | - | - | - | - | - | - | - | - | - | 179 |
2023 | 29 | 59 | 73 | 70 | 84 | 73 | 42 | 62 | 52 | 53 | 61 | 50 | 708 |
2022 | 83 | 77 | 116 | 92 | 111 | 65 | 40 | 54 | 39 | 51 | 38 | 44 | 810 |
2021 | 96 | 98 | 149 | 125 | 121 | 101 | 104 | 64 | 68 | 82 | 81 | 82 | 1171 |
2020 | 72 | 80 | 77 | 47 | 42 | 71 | 111 | 120 | 134 | 129 | 104 | 120 | 1107 |
2019 | 51 | 61 | 86 | 105 | 93 | 74 | 67 | 70 | 74 | 72 | 62 | 71 | 886 |
2018 | 70 | 74 | 92 | 112 | 108 | 82 | 74 | 69 | 64 | 67 | 52 | 58 | 922 |
2017 | 50 | 70 | 107 | 95 | 109 | 92 | 74 | 87 | 53 | 47 | 60 | 73 | 917 |
Average Days On Market (DOM) In Rancho Mirage, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 49 | 62 | 70 | - | - | - | - | - | - | - | - | - | 60 |
2023 | 71 | 64 | 54 | 50 | 54 | 62 | 73 | 65 | 64 | 68 | 50 | 67 | 62 |
2022 | 46 | 44 | 106 | 31 | 26 | 25 | 36 | 34 | 37 | 43 | 45 | 57 | 44 |
2021 | 87 | 70 | 73 | 68 | 51 | 46 | 47 | 36 | 39 | 41 | 37 | 38 | 53 |
2020 | 94 | 77 | 88 | 81 | 80 | 80 | 99 | 104 | 59 | 84 | 64 | 63 | 81 |
2019 | 87 | 90 | 80 | 84 | 100 | 88 | 99 | 97 | 97 | 100 | 79 | 73 | 90 |
2018 | 82 | 82 | 89 | 80 | 95 | 102 | 97 | 105 | 69 | 69 | 70 | 59 | 83 |
2017 | 88 | 99 | 92 | 70 | 92 | 83 | 125 | 98 | 79 | 102 | 107 | 99 | 94 |
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 |
2024 | 88 | 78 | 85 | - | - | - | - | - | - | - | - | - | 84 |
2023 | 93 | 99 | 82 | 78 | 80 | 82 | 93 | 98 | 87 | 102 | 72 | 97 | 89 |
2022 | 70 | 64 | 132 | 59 | 60 | 67 | 55 | 114 | 65 | 67 | 68 | 82 | 75 |
2021 | 112 | 96 | 91 | 93 | 76 | 65 | 80 | 57 | 62 | 61 | 56 | 69 | 76 |
2020 | 138 | 121 | 119 | 110 | 107 | 123 | 143 | 137 | 117 | 126 | 104 | 92 | 120 |
2019 | 117 | 120 | 104 | 111 | 126 | 113 | 129 | 143 | 120 | 128 | 110 | 101 | 118 |
2018 | 114 | 107 | 114 | 115 | 119 | 127 | 128 | 130 | 96 | 97 | 104 | 100 | 113 |
2017 | 127 | 145 | 132 | 136 | 138 | 126 | 160 | 139 | 117 | 137 | 138 | 124 | 135 |
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 |
2024 | 127 | 106 | 126 | - | - | - | - | - | - | - | - | - | 359 |
2023 | 122 | 88 | 123 | 87 | 96 | 86 | 69 | 89 | 96 | 96 | 98 | 70 | 1120 |
2022 | 77 | 101 | 93 | 89 | 74 | 65 | 45 | 51 | 73 | 74 | 71 | 42 | 855 |
2021 | 87 | 101 | 111 | 100 | 85 | 80 | 81 | 90 | 74 | 95 | 91 | 64 | 1059 |
2020 | 120 | 98 | 63 | 52 | 78 | 103 | 108 | 112 | 117 | 114 | 90 | 79 | 1134 |
2019 | 105 | 101 | 79 | 85 | 74 | 57 | 59 | 56 | 76 | 87 | 75 | 49 | 903 |
2018 | 100 | 88 | 75 | 65 | 66 | 57 | 60 | 60 | 66 | 95 | 93 | 44 | 869 |
2017 | 116 | 76 | 81 | 77 | 69 | 62 | 47 | 53 | 64 | 85 | 95 | 75 | 900 |