Real Estate Market Updates
Palm Springs Area Luxury Home Sales Update
Golf cart bridge at Madison Club La Quinta Luxury Real Estate in the Palm Springs real estate market generally refers to homes for sale priced over $1 million. In the last 12 months 314 homes and luxury condos sold for $1 million or more in ...
First Quarter 2011 Desert Real Estate Update
Our first quarter sales this year were very strong and continue to track well ahead of last year. Our sales breakdown so far this year is 50% traditional (regular) sales, 7% bank owned properties, and 43% short sales. Short sales currently ...
Rancho Mirage Private Golf Estate Sold to Larry Ellison For $42.9 million
Larry Ellison, founder of Oracle, has purchased Porcupine Creek, a 249-acre private golf estate. Porcupine Creek was originally listed for $75 million but was reduced to $55 million earlier this year. The estate features an 18,430 square fo...Palm Springs Area Golf Community Home Sales Zoom In 2010!
The Mountain Course at La Quinta Resort Our Sheri Dettman & Associates number crunchers recently compiled our annual stats for some of the most popular golf communities in the Palms Springs area market. All we can say is WOW! Many golf commu...
Price Increases Offset Lower August 2010 Sales
After several months of city-by-city Palm Springs area sales increases, the August MLS numbers finally show some slowing when comparing August 2010 with August ‘09. Our impression is that continued double-digit price increases in many val...