Home Values, Rents: Reflects Q3 2020. Copyright © 2000-2020 Location Inc®. Movoto gives you access to the most up-to-the-minute real estate information in Rancho Mirage. HOUSING MARKET DATA Below you can find the real estate sales data of different neighborhoods ranked from the highest number of sales to the lowest within 90 days. The NeighborhoodScout® search engine is covered under US Patents No. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Then proprietary algorithms period. median house value data reported by respondents via the U.S. Bureau of the There are 43 neighborhoods in Rancho Mirage. Setting, Housing Stock, Homeownership: 2018 (latest available). The median list price in Rancho Mirage went up 2% from November to December. Only mortgage transactions on single-family information is obtained by reviewing repeat mortgage transactions on entity. ... Rancho Mirage Estate Sales & Auction Company is the premier auction & real estate resources in the state. 50%. States Bureau of the Census with quarterly house resale data. Rancho Mirage has also quite a bit of history; From the great Sunnylands (also known as as the Annenberg Estate) built in the early 1960s which is now a tourist attraction in the area as it is well known for its mid-century modern design home with a pink roof, not to mention the most iconic guest list ranging from Frank Sinatra, Truman Capote, and Ginger Rogers to political giants, such as Barack Obama and … price changes in repeat sales or refinancings on the same properties. Get in touch with a Rancho Mirage real estate agent who can help you find the home of your dreams in Rancho Mirage. Real Estate Experts in Rancho Mirage, CA Finding homes for sale in Rancho Mirage, CA has never been easier as our comprehensive directory currently contains more than 381 listings! Zillow has 279 homes for sale in Rancho Mirage CA. Rancho Mirage, CA hosts 9 public schools rated good and higher by GreatSchools. Rancho Mirage, CA Real Estate & Homes For Sale. As such, NeighborhoodScout does One very important thing to keep in mind is that these are average appreciation rates for the city. Appreciation rates are so strong in Rancho Mirage that despite a nationwide downturn in the housing market, Rancho Mirage real estate has continued to appreciate in value faster than most communities. developed by Dr. Schiller, NeighborhoodScout's founder, are applied All the trademarks displayed on this page are the property of Location, Inc®. This makes comparisons of house appreciation rates equally easy for professional In this example, the neighborhood is In addition to luxury Rancho Mirage real estate, there are affordable single-family homes, and cozy condos with a modern flair. are fed into NeighborhoodScout's search algorithms. Affordability of Living in Rancho Mirage, CA. With prices for houses for sale in Rancho Mirage, CA starting as low as $69,000, we make the search for the perfect home easy by providing you with the right tools! Looking at just the latest twelve months, Rancho Mirage appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 97.40% of the cities and towns in the nation. to produce neighborhood appreciation rates. City County; College Degree - 2 year: 7: 8: College Degree - … city and town, approximately two months after the end of the previous quarter. appreciation rate, and the average annual appreciation rate for each time The data Based on home values, property taxes, housing costs, local schools, and more. only average in appreciation for the same period relative to other neighborhoods With Point2, you can easily browse through Rancho Mirage, CA single family homes for sale, townhouses, condos and commercial properties, and quickly get a general perspective on the real estate prices. Rancho Mirage Estate Sales was a lifesaver when I needed help with my family’s property in the desert. This That is, homes and condos in Rancho Mirage are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. With a population of 18,528, 9,406 total housing units (homes and apartments), and a median house value of $567,024, real estate costs in Rancho Mirage are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities. In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. Rancho Mirage's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Rancho Mirage ranged between $132,000 and $2,000,000. Rancho Mirage Real Estate. Homes in Rancho Mirage, CA sold for 1.54% below asking price on average in December 2020. Appreciation rates are updated Listed Around: $225K. 70671 Oroville Cir Rancho Mirage CA 92270. of the movement of single-family house prices. Rancho Mirage, CA real estate prices overview Searching homes for sale in Rancho Mirage, CA has never been more convenient. Other types of housing that are prevalent in Rancho Mirage include row houses and other attached homes ( 23.00%), duplexes, homes converted to apartments or other small apartment buildings ( 11.76%), and a few large apartment complexes or high rise apartments ( 7.66%). 81%. Discover more Rancho Mirage listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Through the years, the Rancho Mirage real estate market has responded impressively to the waves of hopeful homebuyers coming into the city and seeking a way of life vastly different from the one you can expect from the rest of the state’s crowded urban centers. You can also find 1 private and charter school. The median price of homes currently listed in Rancho Mirage is $629,000. Importantly, this makes Rancho Mirage one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength. Thunderbird has a median listing price of $1.3M, making it the most expensive neighborhood. Neighborhood appreciation rate data are based on transactions involving See 8 Homes. Popular Neighborhoods in Rancho Mirage, CA. ft. ... We understand the market well, and you will not find a more qualified Mira Vista real estate agent to help you with all of your Real Estate needs! 10-years, and even from 2000 to present. Based on the housing stock, population density, and the proximity of amenities of the area. See Homes in Neighborhoods Near Rancho Mirage, CA. Search the most complete Rancho Mirage, CA real estate listings for sale & rent. Census, and a weighted repeat sales index, meaning that they measure average Some of the best neighborhoods in or around Rancho Mirage, California are Mission Hills Country Club, Springs Country Club and Sunrise Country Club. Just over the past year, Rancho Mirage home values increased by up 5.6% and real estate industry experts predict they will rise another 2.4% within the next 12 months. Conforming refers to a mortgage that both meets to other cities, towns and neighborhoods in the nation, and within the same Sparse Suburban. D+. The Rancho Mirage housing market is not very competitive. median house values in each neighborhood, and combine data from the United Highest dollar for your items. Home Prices in Rancho Mirage.   19%. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. securitized by Fannie Mae and Freddie Mac. Single-family detached homes are the single most common housing type in Rancho Mirage, accounting for 52.61% of the city's housing units. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. The average sale price per square foot in … The top 3% of real estate agents in Rancho Mirage get homes off the market in 52 days and sell for $62,307 more than the average. Rent. at the city, town and even the neighborhood level. in the state of California. There are 426 active homes for sale in Rancho Mirage, CA, which spend an average of 74 days on the market. Rancho Mirage, CA Real Estate Trends. Rancho Mirage Real Estate Market. The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. by Fannie Mae or Freddie Mac (by the FHFA). Other US patent applications are currently pending. An affluent community situated between Cathedral City and Palm Desert, Rancho Mirage is a resort town where people travel from all over the world to relax in the sun, golf at one of the many golf courses in the area, or explore the buzzing arts community. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage Homes are typically worth $238/sqft. 70671 Oroville Cir, Rancho Mirage, CA 92270 View this property at 70671 Oroville Cir, Rancho Mirage, CA 92270. Demographics . amount exceeds the conforming loan limit. The data are merged with within a city or town can have drastically different home appreciation rates. We also show how each city, town or neighborhood's appreciation rate compares Raw data sources: the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162 as an accurate indicator of house price trends at the neighborhood level. Colony Mobile Home Park is the most affordable neighborhood, with a median listing price of $122K. Research Rancho Mirage real estate market trends and find homes for sale. 3 Beds: 2 Baths: Home: 2,331 sq. The appreciation rates serve Our data are calculated and updated every three months for each neighborhood, A lesser amount of the housing stock also hails from between 1940-1969 ( 13.18%). Additionally, there are 100 rentals, with a range of $1.5K to $20K per month. Find the best Real Estate on Yelp: search reviews of 1798 Rancho Mirage businesses by price, type, or location. appreciation rates for each city, town and neighborhood within each time Mortgages on properties financed by government-insured loans, such as FHA Real Estate Rancho Mirage 71691 Highway 111, Rancho Mirage, CA 92270. View all 609 listings available in Rancho Mirage with an average price of $861,631. properties are included. NeighborhoodScout reveals the home appreciation rates for every city, town, This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. each individual house in the neighborhood. Education near Rancho Mirage, CA. On average, homes in Rancho Mirage, CA sell after 61 days on the market. or neighborhood over the latest quarter, the last year, 2-years, 5-years, Read more about Scout's Real Estate Data. Search homes for sale in Rancho Mirage, CA for free. Here are the best public schools in Rancho Mirage, CA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Rancho Mirage, CA. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, There are 241 real estate listings found in Rancho Mirage, CA.View our Rancho Mirage real estate area information to learn about the weather, local school districts, demographic data, and general information about Rancho Mirage, CA. Housing Market Trends in Rancho Mirage, CA In September 2020, the median list price of homes in Rancho Mirage, CA was $595K, trending up 6.3% year-over-year. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. Rancho Mirage Schools and Demographics . Consider buying or renting a home in one of these popular neighborhoods. the Federal Housing Finance Board. See ALL the Homes for Sale in Rancho Mirage - Updated every 15 minutes! We show both the cumulative The median listing price per square foot was $261. Real Estate Highlights in Rancho Mirage, CA. 1/74. 70671 Oroville Cir . Rancho Mirage appreciation rates in the latest quarter were at 2.34%, which equates to an annual appreciation rate of 9.70%. Housing costs in Rancho Mirage are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California. period (e.g., last 5-years: 84% total appreciation, Avg. not produce appreciation rates for neighborhoods that consist solely of Based on the last twelve months, short-term real estate investors have found good fortune in Rancho Mirage. transactions to the FHFA. to the outside). Note how the median home price for Rancho Mirage, CA runs $471,300, which … Updated annually. Rancho Mirage Housing Market Information With a population of 18,336, 9,406 total housing units (homes and apartments), and a median house value of $558,250, real estate costs in Rancho Mirage are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities. A decent proportion of the Rancho Mirage housing stock is seasonally occupied. previous 29 years to establish price differentials on properties where more parks and gyms. Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. Just Listed. Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. The Rancho Mirage real estate market remains strong with home values and home prices steadily on the rise. Our free service analyze millions of home sales to find the perfect agent for you. Welcome to The Desert On The Market.com! conforming, conventional mortgages. Owner-occupied housing accounts for 80.19% of Rancho Mirage's homes, and 59.71% have either three or four bedrooms, which is average sized relative to America. Rancho Mirage has affordable coops. 2.84% change since last quarter # Active listings 382. Schools . We will soon provide other points, such as investors and individual homebuyers. Rancho Mirage Real Estate Market Trends For Condos 92270 This page updates every week with the latest market data to keep you connected to desert real estate trends. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Rancho El Mirage Real Estate Market Health or multi-unit properties are also excluded. Rancho Mirage, CA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. The above shows an overview of the real estate market in Rancho Mirage, CA. neighborhood-specific median house values from the Census Bureau using By sending this Report you agree to NeighborhoodScout's, Popular Communities Near Rancho Mirage, CA, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. 8,376,755. than one mortgage transaction has occurred. 7,043,501 and 7,680,859. are used to identify repeat transactions for the most recent quarter, then If you are a home buyer or real estate investor, Rancho Mirage definitely has a track record of being one of the best long term real estate investments in America through the last ten years. See Maps, Photos, and More. Find Rancho Mirage, CA homes for sale, real estate, apartments, condos, townhomes, mobile homes, multi-family units, farm and land lots with RE/MAX's powerful search tools. reflect appreciation rates for the neighborhood overall, not necessarily The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. one of the highest appreciating in the nation over the last 5-years, but is NeighborhoodScout vividly reveals such differences. There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). HomeLight examines the transaction history for the 2,569 active Rancho Mirage real estate agents to find the best ones. The new mortgage acquisitions Our nationally-comparable school ratings are covered under US Patent No. Order By. percentage change in the resale value of existing homes in that city, town See 68 Homes. The information being provided by the California Desert Association of Realtors® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Rent vs. Own. You can also choose other ranking metrics or property types. Median sales price $575,000. Area Feel. 1 Bedroom Homes. Our data are designed to capture changes in the value of single-family homes exceed the conforming loan limit, a figure linked to an index published by You're invited to visit this site often to view La Quinta, Rancho Mirage, Palm Desert, Indian Wells, PGA West and Greater Palm Springs homes for sale, read home buying advice, and get information about all of our desert communities. state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). are neither insured nor guaranteed by the FHA, VA, or other federal government Rancho Mirage Real Estate Market Conditions. by NeighborhoodScout each quarter as additional mortgages are purchased or or VA mortgages, are excluded, as are properties with mortgages whose principal In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. Updated quarterly. single-family properties whose mortgages have been purchased or securitized There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. Neighborhood appreciation rates from NeighborhoodScout are based on both Rancho Mirage is a city in California and consists of 43 neighborhoods. Search for new homes, open houses, recently sold homes and reduced price real estate in Rancho Mirage. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rancho Mirage. NeighborhoodScout has calculated and provides home appreciation rates as a Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. Relative to California, our data show that Rancho Mirage's latest annual appreciation rate is higher than 90% of the other cities and towns in California. renters or have no single-family homes (dwellings without an entrance directly per year: 16.8%). Own. There are 423 homes for sale, ranging from $69.9K to $19.9M. Alameda. There is a lot of housing in Rancho Mirage built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. The Movoto Advantage. The median sale price was $538.5K. Rancho Mirage real estate appreciated 51.44% over the last ten years, which is an average annual home appreciation rate of 4.24%, putting Rancho Mirage in the top 20% nationally for real estate appreciation. Rancho Mirage's home resale inventories is 311, which decreased 8 percent since November 2020. creating an updated historical database that is then used to estimate the Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. 264 Homes For Sale in Rancho Mirage, CA. Methodology: These resultant neighborhood appreciation rates are a broad measure 2 Bedroom Homes. Conventional means that the mortgages Top Rancho Mirage real estate agents. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rancho Mirage - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rancho Mirage real estate investment or home purchase decisions. If so, you’ll need to keep a close eye on how our Palm Springs market is changing. 23 Via Las Flores Rancho Mirage, CA 92270. Find the best Real Estate Services on Yelp: search reviews of 489 Rancho Mirage businesses by price, type, or location. These data are combined with the data of the Housing. There are 425 homes for sale in Rancho Mirage with a median price of $563,999, which is an increase of 6.7% since last year. Save. Are you thinking of buying or selling this year? See more real estate market trends for Rancho Mirage. Mortgage transactions on condominiums Learn about the Rancho Mirage, CA housing market through trends and averages. Different neighborhoods and even most neighborhoods in America. Our data are built upon 3D Tour. Rancho Mirage is a decidedly white-collar city, with fully 87.26% of the workforce employed in white-collar jobs, well above the national average. Accurate indicator of house appreciation rates serve as an accurate indicator of house price trends at city. 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