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Palm Springs CA Real Estate and Palm Desert CA Real Estate Information
Located just 115 miles from Los Angeles CA, the desert playgrounds of Palm Springs and Palm Desert have offered endless sunshine and quick getaways to Southern Californians for years. With a convenient modern airport, anyone can come enjoy the golf, shopping, gaming and dining opportunities in this Desert paradise.
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We have tried to make our site as easy to use as possible. Find Palm Desert, Rancho Mirage and Palm Springs homes for sale with info sorted by City - By Zip Code - Loads of search options - Do it yourself or preset - to make it easy for you to get the information you want. Please call or e-mail michael@PSagent.com to start getting well-organized and useful information sent to you in any format you would like.
On this site you will find lots of information about the Palm Springs and Palm Desert area. The Desert offers an amazing array of homes to choose from including Mid Century Modern Homes, Luxury Tennis estates, Golf Homes, Condos and Senior Communities. There is truly something for everyone!
In the complex real estate market we are in today you need Excellent information - not hype or generalities. I can provide for you a superior level of informed, professional real estate services for the greater Palm Springs & Palm Desert area.
2011 Numbers Are In!
2011 numbers have been reported and they are eye opening.
Year over year we are seeing a dramtic drop in the inventory levels and a dramatic increase in the number of homes selling.
In Coachella Valley from Palm Springs to Mecca we saw 7,338 single family homes sell in 2011. 24.05% of those sold in 30 days or less while 34.98% took between 30 and 90 days to sell. The median sales price was $190,750. Not surprisingly the homes that sold in 30 days or less achieved 97% of their asking price, however the bigger surprise may be that even homes on the market for 120 days or more still achieved 92% of their asking prices. Homes are not being overpriced and lowball offers have an almost zero chance of being accepted. Looking at a thirty day average of 97% percentage of list price achieved that means that went up year over year - in 2010 it was only 93%. On the other hand, the total number of homes sold was down by about 25 units and the median sales price was down 15K over 2010.
As for Condo sales in 2011: We saw 2368 total units sell The median price for those was $173,750. Asking price vs. actual sales price percentages were in a tight range between 92% and 94%. The most telling thing in this category was the days on market - or time it took to sell a condo. Almost half 48.3% of the units took over 120 days to sell. Buyer resistence to homeowners fees and more difficulty qualifying for a loan were the primary culprits here.
With the vastly reduced inventory 2012 promises to be a very competitive year for home buyers in the Coachella Valley especially in the more popular price points. Foreclosing banks should take heed and release more inventory the market demand is here.
The Seven Main Cities of the Coachella Valley
Palm Desert is now home to the Cal State San Bernardino Palm Desert Campus. This just adds one more jewel in the crown for Palm Desert. The impressive campus already has several buildings with more to come. The surrounding area at Cook st. and Frank Sinatra is growing rapidly with supporting development including shopping, residential, office and hotel spaces. If you are a golfer you can enjoy great rates at Desert Willows golf course when you are a Palm Desert resident. From the beautiful views in South Palm Desert to some of the finest shopping, dining and entertainment in the Desert Palm Desert really has everything you need.
Palm Springs is a fascinating blend of fifties modern style, celebrity homes and history and a small village feel all coupled with fantastic views of the mountains around us. Golf and desert getaways are the focus of life in Palm Springs. From hiking in the Indian Canyons, a game of tennis at one of the many tennis facilities or strolling through Thursday night street fair, Palm Springs really is your Oasis in the Desert. Just 114 miles from Los Angeles by car or via our convenient airport it easy to get here too.
Get Information On Other Desert Cities:
Cathedral City,
Rancho Mirage, Indian Wells,
Desert Hot Springs, La Quinta
OR SEARCH ALL HOMES FOR SALE IN THE COACHELLA VALLEY HERE:
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