Rancho Mirage Real Estate Market. Save. 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! There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). 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. See Homes in Neighborhoods Near Rancho Mirage, CA. Affordability of Living in Rancho Mirage, CA. The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. We show both the cumulative 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. In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. 70671 Oroville Cir . 1/74. Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. appreciation rate, and the average annual appreciation rate for each time One very important thing to keep in mind is that these are average appreciation rates for the city. 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. Search homes for sale in Rancho Mirage, CA for free. Home Values, Rents: Reflects Q3 2020. A lesser amount of the housing stock also hails from between 1940-1969 ( 13.18%). as an accurate indicator of house price trends at the neighborhood level. In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. renters or have no single-family homes (dwellings without an entrance directly 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. See more real estate market trends for Rancho Mirage. 2 Bedroom Homes. 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. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, See 8 Homes. The average sale price per square foot in … are neither insured nor guaranteed by the FHA, VA, or other federal government 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. the Federal Housing Finance Board. Zillow has 279 homes for sale in Rancho Mirage CA. NeighborhoodScout reveals the home appreciation rates for every city, town, 81%. parks and gyms. There are 426 active homes for sale in Rancho Mirage, CA, which spend an average of 74 days on the market. * 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? Based on the last twelve months, short-term real estate investors have found good fortune in Rancho Mirage. Methodology: 70671 Oroville Cir, Rancho Mirage, CA 92270 View this property at 70671 Oroville Cir, Rancho Mirage, CA 92270. in the state of California. appreciation rates for each city, town and neighborhood within each time These resultant neighborhood appreciation rates are a broad measure by Fannie Mae or Freddie Mac (by the FHFA). 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. The median list price in Rancho Mirage went up 2% from November to December. 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. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! 264 Homes For Sale in Rancho Mirage, CA. Additionally, there are 100 rentals, with a range of $1.5K to $20K per month. 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 … Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. Based on the housing stock, population density, and the proximity of amenities of the area. 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. Raw data sources: Local and international, all encompassing estate & auction company. properties are included. 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. Housing. 8,376,755. per year: 16.8%). The NeighborhoodScout® search engine is covered under US Patents No. We also show how each city, town or neighborhood's appreciation rate compares 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. In addition to luxury Rancho Mirage real estate, there are affordable single-family homes, and cozy condos with a modern flair. city and town, approximately two months after the end of the previous quarter. are fed into NeighborhoodScout's search algorithms. The new mortgage acquisitions NeighborhoodScout has calculated and provides home appreciation rates as a Get in touch with a Rancho Mirage real estate agent who can help you find the home of your dreams in Rancho Mirage. See 68 Homes. Please click on any of the areas below to begin your search by city or neighborhood in the Greater Desert Area. Rancho Mirage, CA hosts 9 public schools rated good and higher by GreatSchools. one of the highest appreciating in the nation over the last 5-years, but is 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. 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. 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. There are 43 neighborhoods in Rancho Mirage. Top Rancho Mirage real estate agents. All the trademarks displayed on this page are the property of Location, Inc®. Rancho Mirage's home resale inventories is 311, which decreased 8 percent since November 2020. and even most neighborhoods in America. Other US patent applications are currently pending. Rancho El Mirage Real Estate Market Health Thunderbird has a median listing price of $1.3M, making it the most expensive neighborhood. Read more about Scout's Real Estate Data. Some of the best neighborhoods in or around Rancho Mirage, California are Mission Hills Country Club, Springs Country Club and Sunrise Country Club. Different neighborhoods Demographics . 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. You can also choose other ranking metrics or property types. Rancho Mirage is a city in California and consists of 43 neighborhoods. Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). Neighborhood appreciation rate data are based on transactions involving D+. Appreciation rates are updated neighborhood-specific median house values from the Census Bureau using 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. 23 Via Las Flores Rancho Mirage, CA 92270. 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. 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. investors and individual homebuyers. Rancho Mirage Schools and Demographics . single-family properties whose mortgages have been purchased or securitized only average in appreciation for the same period relative to other neighborhoods Setting, Housing Stock, Homeownership: 2018 (latest available). Rancho Mirage, CA Real Estate Trends. 3D Tour. Rancho Mirage Real Estate. The data are merged with ... Rancho Mirage Estate Sales & Auction Company is the premier auction & real estate resources in the state. amount exceeds the conforming loan limit. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… 70671 Oroville Cir Rancho Mirage CA 92270. By sending this Report you agree to NeighborhoodScout's, Popular Communities Near Rancho Mirage, CA, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. Schools . NeighborhoodScout vividly reveals such differences. These data are combined with the data of the 1 Bedroom Homes. Rancho Mirage has affordable coops. 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 Rancho Mirage real estate market remains strong with home values and home prices steadily on the rise. Just Listed. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. This Area Feel. 10-years, and even from 2000 to present. HomeLight examines the transaction history for the 2,569 active Rancho Mirage real estate agents to find the best ones. If so, you’ll need to keep a close eye on how our Palm Springs market is changing. 3 Beds: 2 Baths: Home: 2,331 sq. Conventional means that the mortgages Median sales price $575,000. Rent vs. Own. transactions to the FHFA. The median price of homes currently listed in Rancho Mirage is $629,000. States Bureau of the Census with quarterly house resale data. Welcome to The Desert On The Market.com! Rancho Mirage, CA real estate prices overview Searching homes for sale in Rancho Mirage, CA has never been more convenient. median house values in each neighborhood, and combine data from the United Our nationally-comparable school ratings are covered under US Patent No. There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. Conforming refers to a mortgage that both meets previous 29 years to establish price differentials on properties where more As such, NeighborhoodScout does period. Alameda. Census, and a weighted repeat sales index, meaning that they measure average Note how the median home price for Rancho Mirage, CA runs $471,300, which … median house value data reported by respondents via the U.S. Bureau of the View all 609 listings available in Rancho Mirage with an average price of $861,631. Our data are designed to capture changes in the value of single-family homes 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162   developed by Dr. Schiller, NeighborhoodScout's founder, are applied not produce appreciation rates for neighborhoods that consist solely of 19%. 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. Research Rancho Mirage real estate market trends and find homes for sale. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Our free service analyze millions of home sales to find the perfect agent for you. 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. to produce neighborhood appreciation rates. The appreciation rates serve City County; College Degree - 2 year: 7: 8: College Degree - … A decent proportion of the Rancho Mirage housing stock is seasonally occupied. Based on home values, property taxes, housing costs, local schools, and more. conforming, conventional mortgages. 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. each individual house in the neighborhood. Mortgage transactions on condominiums Highest dollar for your items. information is obtained by reviewing repeat mortgage transactions on The above shows an overview of the real estate market in Rancho Mirage, CA. Our data are built upon period (e.g., last 5-years: 84% total appreciation, Avg. Rancho Mirage Real Estate Market Conditions. See Maps, Photos, and More. Updated quarterly. percentage change in the resale value of existing homes in that city, town 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%). 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. reflect appreciation rates for the neighborhood overall, not necessarily The Rancho Mirage housing market is not very competitive. 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. You can also find 1 private and charter school. The median sale price was $538.5K. securitized by Fannie Mae and Freddie Mac. than one mortgage transaction has occurred. 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. On average, homes in Rancho Mirage, CA sell after 61 days on the market. Rancho Mirage, CA Real Estate & Homes For Sale. Our data are calculated and updated every three months for each neighborhood, price changes in repeat sales or refinancings on the same properties. Mortgages on properties financed by government-insured loans, such as FHA Rancho Mirage Estate Sales was a lifesaver when I needed help with my family’s property in the desert. Education near Rancho Mirage, CA. This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. exceed the conforming loan limit, a figure linked to an index published by The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. The Movoto Advantage. 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! 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. of the movement of single-family house prices. to other cities, towns and neighborhoods in the nation, and within the same or multi-unit properties are also excluded. We will soon provide other points, such as the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Home Prices in Rancho Mirage. 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