Current Sales Stats (Dec 2009):
There are 370 homes and 489 condos currently for sale in all areas of Palm Desert both representing a steady decline, month after month, since early 2009. Inventory, measured in Months supply of inventory, is at a two year low. There were 42 homes and 48 Condos put under contract in the month of December 2009. Sales totals were 56 homes and 53 condos in the sold category!
The most expensive home sold in Palm Desert in the month of December 2009 was a 3,500 Square foot home located in Bighorn country club that sold for a cool $2,000,000.
Palm Springs California Area Real Estate