Palm Springs Real Estate Market Condition Nov. 2012

There isn't a single day that goes by without new reports being published about real estate, home sales and projections, but these reports are usually about California in general and other large metropolitan areas. Palm Springs and Desert Cities rarely get
reported on , so here is the latest and it is good. Prices are up, inventory is down.

Hundreds of people who visit my website daily are interested in what's happening with real estate and homes sales in the Palm Springs area.

If you are looking to invest, buy a vacation home or upgrade to a larger home, the table below will show you the hot spots, and the where the good deals will be.

Here is a breakdown of the California Desert Association of Realtors' report of average prices of homes Sold in Palm Springs and Desert Cities in November 2011 compared to November 2012 by Desert City:


November 2011

Palm Springs
$375,000
Cathedral City
$143,000
Rancho Mirage
$660,000
Palm Desert
$411,000
Bermuda Dunes
$253,000
Indian Wells
$1,620,000
La Quinta
$522,000
Indio
$168,000
November 2012

Palm Springs
$456,000
Cathedral City
$193,000
Rancho Mirage
$729,000
Palm Desert
$411,000
Bermuda Dunes
$389,000
Indian Wells
$1,211,000
La Quinta
$437,000
Indio
$228,000
Percentage of Change

Palm Springs
+21.6%
Cathedral City
+34.9%
Rancho Mirage
+10.4%
Palm Desert
Flat
Bermuda Dunes
+53.7%
Indian Wells
-25.5%
La Quinta
-16.28%
Indio
+35%

In Summary, if you have been thinking of buying a home in the Palm Springs area, procrastination is longer a luxury. Visit my website, check the home listings
and contact me, or just call me at 760-600-6187 and together we will find you the perfect home.







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