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Desert Hot Springs CA Real Estate House Sales and Home Listings - Short Sales, Foreclosures and Standard Sales - August 2011 Market News Report

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Real Estate Broker/Owner with Garrigus Real Estate CalBRE# 01844442/01844441

Desert Hot Springs CA Real Estate House Sales and Home Listings - Short Sales, Foreclosures and Standard Sales - September 2011 Market Report News

Desert Hot Springs Real Estate

This is a market activity report of closed house sales and active home listings in the city of Desert Hot Springs California, for September 2011.

According to the MLS (Multiple Listing Service), there were 69 closed Desert Hot Springs home sales from September 1st to September 30th, 2011.

  • 41 were Desert Hot Springs Foreclosures
  • 8 were Desert Hot Springs Short Sales / Short Pay
  • 6 were Desert Hot Springs Standard Sales
  • 14 were Desert Hot Springs Probate or "Other" Sales

And according to the MLS (Multiple Listing Service), there are 107 Desert Hot Springs active listings from September 1st to September 30th, 2011.

  • 33 are Desert Hot Springs Foreclosures
  • 24 are Desert Hot Springs Short Sales / Short Pay
  • 13 are Desert Hot Springs Standard Listings
  • 37 are Desert Hot Springs Probate or "Other" Sales

Number of Sales in Desert Hot Springs from the Past 12 Months (Chart Below)

 

 Number of Sales in Desert Hot Springs from the Past 12 Months (Chart Below)

For Desert Hot Springs Real Estate Agents Click Here

Posted by

Todd & Devona Garrigus

Broker / REALTORS®

951.490.3698 | Direct for Todd
951.490.3683 | Direct for Devona

www.GarrigusRealEstate.com
CalBRE# 01844442/01844441

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Bill MacBride
Ski-in/Ski-out, Luxury homes, Second Home Buyers - Mammoth Lakes, CA
Mammoth Lakes Resort Real Estate

Hello,

53% of active listings are distressed sales. Ouch!

Mammoth has suffered from this trend as well.

Let's keep a good thought for a quick and sustained economic recovery.

Oct 03, 2011 10:43 AM
Devona Garrigus
Garrigus Real Estate - Redlands, CA
REALTOR® / Short Sale Specialist

The high percentage of distressed sales in the Desert Hot Springs area has been consistent for the past three to four years.

Oct 07, 2011 10:56 AM
Todd & Devona Garrigus
Garrigus Real Estate - Beaumont, CA
Broker / REALTORS®

Look close at these numbers:

According to the MLS (Multiple Listing Service), there were 69 closed Desert Hot Springs home sales from September 1st to September 30th, 2011.

  • 41 were Desert Hot Springs Foreclosures
  • 8 were Desert Hot Springs Short Sales / Short Pay
  • 6 were Desert Hot Springs Standard Sales
  • 14 were Desert Hot Springs Probate or "Other" Sales

And according to the MLS (Multiple Listing Service), there are 107 Desert Hot Springs active listings from September 1st to September 30th, 2011.

  • 33 are Desert Hot Springs Foreclosures
  • 24 are Desert Hot Springs Short Sales / Short Pay
  • 13 are Desert Hot Springs Standard Listings
  • 37 are Desert Hot Springs Probate or "Other" Sales

Its amazing that most sold listings were foreclosures, but most new listings are a combination of foreclosures and short sales!

Oct 07, 2011 11:19 AM
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