It's been extremely HOT here in the Palm Springs Valley over the summer, and the humidity is still hanging around. Did that stop our Buyers?? No! The summer season was much more "normal" for those of us that have been realtors in the Valley for many years.
The past 3-4 summer seasons were very busy..it's now calmed back down to what I as a desert local of 30+ years, would call a normal summer season. August and September have always been slower than our winter season, which makes sense since the temperatures are most likely triple digits!
The desert cities from the Western city of Palm Springs to the more Easterly cities of La Quinta, Indio, Thermal & Coachella did see a nice sales record through the summer. Here are the stats of CLOSED properties (both Single Family & Condos) from August 1-yesterday...
A TOTAL of 67 CLOSED Single Family Home Sales in total.
23 CLOSED in the $150,000-$400,000 price range.
27 CLOSED in the $405,000-800,000 price range.
16 CLOSED in the $865,000-$1,812,000 (top range for this month) price range.
A total of 18 CLOSED Condomimium Sales in Total.
Condo prices ranged from $149,000 - $1,657,000.
Though the desert summer did slow down, we are all preparing for our incredible winter season, which is just around the corner.
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