Desert property sales continued to grow in the first quarter of 2010 versus the same period of ’09.
January – March First Quarter Sales Comparison
January – March First Quarter Sales Comparison
- $250,000 to $500,000: Up 36% (663 sales in ’10 versus 423 in ’09)
- $500,000 to $750,000: Up 34% (168 sales in ’10 versus 112 in ’09
- $750,000 to $999,999: Up 20% (51 sales in ’10 versus 44 in ’09)
- Over $1 million: Up 49% (87 sales in ’10 versus 52 in ’09)
Tradition Golf Club, La Quinta
Nationwide, sales of homes at $500,000 and less are reportedly still in flux in contrast to our 36% local increase this quarter, which likely indicates that local buyers truly want to find their place in the sun and agree that the price is right!