June is traditionally the slowest month for real estate in Palm Springs. I know many agents who take their vacations because they say there isn't any business here. The "snowbirds" & their friends all have gone home and nobody wants to be in Palm Springs during the extreme temperatures of the Desert. I beg to differ on this point. I was out on Thursday night for Palm Springs weekly Villagefest, and could not believe how many people were out for the event. It was still 105 degrees at 730pm!!! People walking down the street, buying fruits & vegetables from the local farmers, and (4 comments)
May was a busy month in Palm Springs. There was the Evening Under the Stars benefit for the Aids Assistance Program, the Desert Rainbow Foundation awarded 18 scholarships totalling over $46,000, and the Palm Springs Fire Department had their annual Fish Fry which brought out over 800 people for the event. The Palm Springs Real Estate market was also very busy. There were a total of 134 homes & condos that have sold in Palm Springs, including 9 homes over $1,000,000. Here are the complete figures for the month of May: Homes & Condos Sold: 134 56 homes and 76 condos Lowest Price: $132,000 Highest (0 comments)
Memorial Weekend has come and gone, but the real estate market here is still moving forward. Every week in this blog, I will give the most accurate and updated information on what is happening in the Palm Springs real estate market. No hype, just the facts. Take what you like, and leave the rest. New Homes Listed: 93 51 homes and 42 condosLowest Price: $109,000Highest Price: $4,500,000 (Movie Colony)Homes in Escrow: 24 13 homes and 11 condosLowest Price: $129,500Highest Price: $1,695,000 (Old Las Palmas)Average Days on Market: 126Homes Sold: 20 9 homes and 11 condosLowest Price: $200,000Highest Price: $1,999,000 (Central Palm Springs)Median Price: $350,000Average Days (5 comments)