Real Estate Market Updates

Sheri’s Short List of Great Palm Springs Area Home Values

Luxury Condo / Town Home Community: Legacy Villas, La Quinta - Current listing prices are reduced up to 60% from previous highs of over $900,000. Current prices range from $199,000 to $715,000. An amazing 27 properties are in escrow and 15 unit...

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Palm Springs Real Estate Sales Up 71.6%

In the Palm Springs/Lower Desert area, home sales increased 71.6% in March. Overall California home sales increased 63.8% percent in March compared with the same period a year ago as buyers continue to take advantage of highly discounted price...

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Price Continues To Drive Palm Springs Area Real Estate Sales

Valley-wide resales of single-family homes rose 51% in December '08 compared to '07 with 545 homes sold. Condo sales dipped 32% to 107 units for the month. New construction home sales dropped 44% from December '07 as resale homes continued to p...

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January Sales -7.7% / February +18.5%

The national media reported on March 3rd that sales of previously owned U.S. homes tumbled 7.7% in January, reversing the prior month's gains. To compare our local Palm Springs area real estate market to the national stats we crunched our own l...

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