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Showing posts from April, 2013

Palm Springs Real Estate: March 2013 Homes & Condo Sales Report

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 .