Many Palm Springs, California buyers come from other states and even other countries, where the term HOA is not common.
HOAs are homeowner association fees. The fees are usually paid monthly, but sometimes quarterly or annually.
Condo HOAs tend to be higher than home HOAs because they typically cover the repair and maintenance of everything outside of the owner’s unit, like the roofs, painting of the exterior of the condo and other shared facilities.
Homeowner HOAs typically do not cover anything related to the home, but cover repair and maintenance of common facilities like pools, landscaping and gates, so the fees tend to be lower.
The average HOA in Palm Springs is about $300 a month. As a comparison, Mountain Gate has one of the lowest monthly HOA fees at $110 currently, while the HOA at Seven Lakes Country Club is currently approximately $1,000 a month.
Approximately half of all homes and condos in Palm Springs have HOA fees.