Palm Springs Area Real Estate

Open House Saturday & Sunday Sept 28 & 29 from 12:00 to 3:00 PM Located on Avenida Manzanillo , a very quiet street away from the main streets , traffic & noise. Close to the main Sun City Shadow Hills gate. Just follow the signs. This is a San Rafael plan , known as the Great Room Plan built with entertaining in mind, and opens to a large back yard with built in BBQ,   a sparkling Pool with tanning pad & Spa.  Do not miss this one!  Stop by this Saturday or Sunday, or call me 760-600-6187 any time for a private showing.   See all the listing details of this home here SOLD                                                 Sparkling Pool & Spa with Tanning Pad                  Sun City Shadow Hills  Home San Rafael Plan See all the ...

Not even the Desert's summer heat could stop the influx of home buyers to the Palm Springs area in search of a house or condo to buy. Folks are trying to beat the season's rush of Snowbirds & the anticipated increase in prices due to the higher demand when our Desert Season starts in October. Inventory of houses & condos for sale in July was at the lowest since January of 2013.  A 29% decrease in the number of homes available for sale, and a 29% decrease in the number of condos available for sale . The Median Selling Price of houses in the Palm Springs area ( 9 cities & an incorporated area) is up by 34.8% in July 2013 vs July 2012 , while the Average Selling Price  went up by 23.6 % for the same period. The condos numbers came up too , with the Median Selling Price at 20% up & the Average Selling Price saw an increase of 5.5% for July 2013 vs July 2012 for all combined cities.  But the major cities like Palm Springs , Palm Desert ...

Home prices &Condo prices in Palm Springs and Desert Cities are still on the climb both in the median selling price and the average sold price. When comparing the number of units sold in 2013 vs 2012 , you will see a drop from 794 sold homes t0 664 and that is mostly attributed to the drop in available Inventory of real estate coming on the market . March 2013 had an inventory of 2515 houses down from January's inventory of 2800 houses. Condo sales did better in March 2013 with 281 condos sold in the Palm Springs area compared to 261 sold units in 2012. As for the Inventory , there is a drop from 1228 available condos in January 2013 to 1157 units in March 2013. See the chart and stats of Homes and Condo Sales by Desert City  for March 2013 .

The Average Selling Price of Houses is UP by 27% & 11.9% for Condos when comparing January 2013 vs. January 2012 The Real Estate Market in Palm Springs and all Desert Cities has been very active with buyers converging on the Desert from Canada, Europe and the cold States with the intention of finding vacation homes, or relocating while the real estate prices are still reasonable. According to the latest Real Estate Market Report just published by the Desert Area MLS, the Median Selling Prices have gone to new heights when compared to January 2012. This January the report shows the Median Selling Prices are up by a whooping 43.3% for houses, and a 29.9% for condos , and the Inventory is low especially in the popular cities $amp; desirable communities. Which Desert Cities had the highest increase or Decrease? Palm Desert saw the highest average selling price increase of 53.9% for single family homes, followed by Palm Springs with an increase of 18.1%. Palm Springs came in fi...