Real Estate Sales Activity for Palm Springs, Week Ending 7-25-09

Presented by Paul Kaplan

Sales volume continues to increase month over month.  The under $200,000 price range remains to be the busiest sector which represents almost 50% of the sales this week.  Of special interest,  there were 5 properties that sold over $1,000,000, showing the that higher end market is showing signs of improvement as well.   Sales volume was up 40% over the same period of 2008.

Total Sales:  42

Low:  $42,500

High: $2,475,000

Median:  $203,500

Number of Sales:

Under $200,000 = 20

$200,000 - $300,000 = 8

$300,000 - $400,000 = 6

$400,000 to $1,000,000 = 3

Over $1,000,000 = 5