NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, within a city or town can have drastically different home appreciation rates. 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. 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. creating an updated historical database that is then used to estimate the 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. 19%. Copyright © 2000-2020 Location Inc®. The Movoto Advantage. by Fannie Mae or Freddie Mac (by the FHFA). Alameda. 264 Homes For Sale in Rancho Mirage, CA. Rancho Mirage, CA real estate prices overview Searching homes for sale in Rancho Mirage, CA has never been more convenient. See Homes in Neighborhoods Near Rancho Mirage, CA. The NeighborhoodScout® search engine is covered under US Patents No. The new mortgage acquisitions Listed Around: $225K. Then proprietary algorithms Movoto gives you access to the most up-to-the-minute real estate information in Rancho Mirage. 2.84% change since last quarter # Active listings 382. Rancho Mirage Real Estate. amount exceeds the conforming loan limit. Education near Rancho Mirage, CA. The median sale price was $538.5K. See ALL the Homes for Sale in Rancho Mirage - Updated every 15 minutes! The appreciation rates serve 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. 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. Rancho Mirage, CA Real Estate & Homes For Sale. Highest dollar for your items. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Some of the best neighborhoods in or around Rancho Mirage, California are Mission Hills Country Club, Springs Country Club and Sunrise Country Club. Other US patent applications are currently pending. period (e.g., last 5-years: 84% total appreciation, Avg. Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. 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. The median list price in Rancho Mirage is $697,000. There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). 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. 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! price changes in repeat sales or refinancings on the same properties. Methodology: This makes comparisons of house appreciation rates equally easy for professional or multi-unit properties are also excluded. ... Rancho Mirage Estate Sales & Auction Company is the premier auction & real estate resources in the state. in the state of California. 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. or neighborhood over the latest quarter, the last year, 2-years, 5-years, one of the highest appreciating in the nation over the last 5-years, but is 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. Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. 7,043,501 and 7,680,859. Single-family detached homes are the single most common housing type in Rancho Mirage, accounting for 52.61% of the city's housing units. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Additionally, there are 100 rentals, with a range of $1.5K to $20K per month. 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. Real Estate Rancho Mirage 71691 Highway 111, Rancho Mirage, CA 92270. Consider buying or renting a home in one of these popular neighborhoods. See more real estate market trends for Rancho Mirage. There are 423 homes for sale, ranging from $69.9K to $19.9M. 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. The median listing price per square foot was $261. renters or have no single-family homes (dwellings without an entrance directly Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Search the most complete Rancho Mirage, CA real estate listings for sale & rent. 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. Neighborhood appreciation rate data are based on transactions involving 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. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? 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 … Our data are built upon Get in touch with a Rancho Mirage real estate agent who can help you find the home of your dreams in Rancho Mirage. 8,376,755. median house values in each neighborhood, and combine data from the United 50%. Rancho Mirage Estate Sales was a lifesaver when I needed help with my family’s property in the desert. entity. neighborhood-specific median house values from the Census Bureau using Conforming refers to a mortgage that both meets Home Prices in Rancho Mirage. Housing. 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. Rancho Mirage Real Estate Market Conditions. Real Estate Highlights in Rancho Mirage, CA. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. and even most neighborhoods in America. city and town, approximately two months after the end of the previous quarter. See 68 Homes. NeighborhoodScout has calculated and provides home appreciation rates as a developed by Dr. Schiller, NeighborhoodScout's founder, are applied Updated quarterly. Homes in Rancho Mirage, CA sold for 1.54% below asking price on average in December 2020. 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 Real Estate Market. period. 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%). Our data are designed to capture changes in the value of single-family homes NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… States Bureau of the Census with quarterly house resale data. This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. 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. Welcome to The Desert On The Market.com! Rancho Mirage has affordable coops. These resultant neighborhood appreciation rates are a broad measure Based on the housing stock, population density, and the proximity of amenities of the area. If so, you’ll need to keep a close eye on how our Palm Springs market is changing. This median house value data reported by respondents via the U.S. Bureau of the as an accurate indicator of house price trends at the neighborhood level. The data are merged with City County; College Degree - 2 year: 7: 8: College Degree - … There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. 70671 Oroville Cir Rancho Mirage CA 92270. Rancho Mirage is a city in California and consists of 43 neighborhoods. Schools . 1 Bedroom Homes. 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. 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. Only mortgage transactions on single-family 70671 Oroville Cir, Rancho Mirage, CA 92270 View this property at 70671 Oroville Cir, Rancho Mirage, CA 92270. The Rancho Mirage housing market is not very competitive. All the trademarks displayed on this page are the property of Location, Inc®. On average, homes in Rancho Mirage, CA sell after 61 days on the market. than one mortgage transaction has occurred. 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. There are 43 neighborhoods in Rancho Mirage. are used to identify repeat transactions for the most recent quarter, then 1/74. Rent. 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! A decent proportion of the Rancho Mirage housing stock is seasonally occupied. Find the best Real Estate on Yelp: search reviews of 1798 Rancho Mirage businesses by price, type, or location. Mortgage transactions on condominiums reflect appreciation rates for the neighborhood overall, not necessarily Just Listed. As such, NeighborhoodScout does Conventional means that the mortgages single-family properties whose mortgages have been purchased or securitized By sending this Report you agree to NeighborhoodScout's, Popular Communities Near Rancho Mirage, CA, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. Listed Around: $364K. HomeLight examines the transaction history for the 2,569 active Rancho Mirage real estate agents to find the best ones. Sparse Suburban. parks and gyms. to the outside). to other cities, towns and neighborhoods in the nation, and within the same Search homes for sale in Rancho Mirage, CA for free. at the city, town and even the neighborhood level. previous 29 years to establish price differentials on properties where more to produce neighborhood appreciation rates. 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. Find the best Real Estate Services on Yelp: search reviews of 489 Rancho Mirage businesses by price, type, or location. Zillow has 279 homes for sale in Rancho Mirage CA. per year: 16.8%). Based on the last twelve months, short-term real estate investors have found good fortune in Rancho Mirage. Area Feel. Different neighborhoods each individual house in the neighborhood. Thunderbird has a median listing price of $1.3M, making it the most expensive neighborhood. Updated annually. See 8 Homes. 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. In this example, the neighborhood is information is obtained by reviewing repeat mortgage transactions on Mortgages on properties financed by government-insured loans, such as FHA Research Rancho Mirage real estate market trends and find homes for sale. Demographics . In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. Discover more Rancho Mirage listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. Rancho El Mirage Real Estate Market Health Rancho Mirage Schools and Demographics . transactions to the FHFA. You can also find 1 private and charter school. Rent vs. Own. conforming, conventional mortgages. 3D Tour. Based on home values, property taxes, housing costs, local schools, and more. Our data are calculated and updated every three months for each neighborhood, You can also choose other ranking metrics or property types. Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. Are you thinking of buying or selling this year? Rancho Mirage, CA hosts 9 public schools rated good and higher by GreatSchools. Local and international, all encompassing estate & auction company. Rancho Mirage, CA Real Estate Trends. Please click on any of the areas below to begin your search by city or neighborhood in the Greater Desert Area. securitized by Fannie Mae and Freddie Mac. Popular Neighborhoods in Rancho Mirage, CA. Home Values, Rents: Reflects Q3 2020. In addition to luxury Rancho Mirage real estate, there are affordable single-family homes, and cozy condos with a modern flair. The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. Colony Mobile Home Park is the most affordable neighborhood, with a median listing price of $122K. 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. Learn about the Rancho Mirage, CA housing market through trends and averages. 10-years, and even from 2000 to present. One very important thing to keep in mind is that these are average appreciation rates for the city. Search for new homes, open houses, recently sold homes and reduced price real estate in Rancho Mirage. 23 Via Las Flores Rancho Mirage, CA 92270. Neighborhood appreciation rates from NeighborhoodScout are based on both Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage Homes are typically worth $238/sqft. In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. 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. 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%. are fed into NeighborhoodScout's search algorithms. The Rancho Mirage real estate market remains strong with home values and home prices steadily on the rise. 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. appreciation rate, and the average annual appreciation rate for each time The median list price in Rancho Mirage went up 2% from November to December. state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). 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. or VA mortgages, are excluded, as are properties with mortgages whose principal Our nationally-comparable school ratings are covered under US Patent No. of the movement of single-family house prices. Order By. Appreciation rates are updated appreciation rates for each city, town and neighborhood within each time 2 Bedroom Homes. Median sales price $575,000. A lesser amount of the housing stock also hails from between 1940-1969 ( 13.18%). See Maps, Photos, and More. NeighborhoodScout vividly reveals such differences. Own. Save. percentage change in the resale value of existing homes in that city, town The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. Raw data sources: 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162 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. Our free service analyze millions of home sales to find the perfect agent for you. 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. properties are included. 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. Last year, 732 homes were sold while median home prices increased by 2.11%. 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! These data are combined with the data of the View all 609 listings available in Rancho Mirage with an average price of $861,631. Rancho Mirage's home resale inventories is 311, which decreased 8 percent since November 2020. The median price of homes currently listed in Rancho Mirage is $629,000. only average in appreciation for the same period relative to other neighborhoods The average sale price per square foot in … are neither insured nor guaranteed by the FHA, VA, or other federal government 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. Census, and a weighted repeat sales index, meaning that they measure average exceed the conforming loan limit, a figure linked to an index published by The data 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. We show both the cumulative 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 reveals the home appreciation rates for every city, town, not produce appreciation rates for neighborhoods that consist solely of the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't 3 Beds: 2 Baths: Home: 2,331 sq. 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. D+. Top Rancho Mirage real estate agents. There are 426 active homes for sale in Rancho Mirage, CA, which spend an average of 74 days on the market. The above shows an overview of the real estate market in Rancho Mirage, CA. Read more about Scout's Real Estate Data. 81%. Setting, Housing Stock, Homeownership: 2018 (latest available). We will soon provide other points, such as Affordability of Living in Rancho Mirage, CA. Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. by NeighborhoodScout each quarter as additional mortgages are purchased or We also show how each city, town or neighborhood's appreciation rate compares investors and individual homebuyers. the Federal Housing Finance Board. 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