Palm Springs Area Real Estate Market Trends

Statistical Tables

Palm Springs Area Home Prices Jump to Start the Year

The median price for single-family, re-sale homes in the Palm Springs area jumped 23.9% in January. The average price gained 25.5% compared to January 2017.

Prices for attached homes were also up to begin the year. The median price rose 10.2% and the average priced gained 15.3%

Sales of detached homes were off 2.1% compared to last January. Attached home sales gained 2.1%.

To continue reading the Palm Springs area Real Estate Market Trends Report with our entire suite of city-by-city graphs and tables, click here.

The Annual Real Estate Report is here: http://desertrealestate.com/annual/index.html

Help With Your Down Payment

Although 87 percent of homes qualify for down payment assistance, many potential homebuyers have no idea they may be eligible for programs that could save them thousands of dollars.

Down Payment Resource (DPR) is looking to change that.

To continue reading this article, click here.

C.A.R’s 2018 Housing Forecast

LOS ANGELES (Oct. 12) – With the economy expected to continue growing, housing demand should remain strong and incrementally boost California’s housing market in 2018, though a shortage of available homes for sale and affordability constraints will be a challenge, according to the “2018 California Housing Market Forecast,” released today by the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.). 

The C.A.R. forecast sees a modest gain in existing single-family home sales of 1.0 percent next year to reach 426,200 units, up slightly from the projected 2017 sales figure of 421,900. The 2017 figure is 1.3 percent higher compared with the 416,700 pace of homes sold in 2016.

You can access the full report here.

P.S. Of course, this forecast was written well before the Republican tax bill was passed. The effects of that bill on real estate are still being examined.

For the full Palm Springs Area Real Estate Report, plus graphs and statistical tables, visit our Market Trends section, or for real estate market trends for a specific city, try these links: Palm Springs, Palm Desert, Cathedral City, Rancho Mirage and La Quinta.

The Reality of Realty in the Palm Springs Area

Our Community contains some of the most desirable homes in the country. If you are looking for a home in Palm Springs area, this is the place to start.

The Cities in the Coachella Valley

Each city in the Valley has its own unique character. You will find a short profile of each plus economic and demographic statistics for the following cities: Palm Springs, Palm Desert, Rancho Mirage, Cathedral City, Indian Wells and La Quinta.

Palm Springs Area Real Estate for Sale - Click here!

Are you looking for a list of well-priced properties in Palm Springs, Palm Desert, Rancho Mirage, La Quinta, Indian Wells or Indio? Click on the title of this paragraph to go to our MLS search. On that page, you have the option to tell us what you are looking for so we can set up a custom search in the MLS that will automatically e-mail you relevant homes for sale. Or call me, Greg Bauer, at (760) 836-9139.

The Palm Springs & Desert Real Estate Market Trends Report

Whether you are looking for homes, condos, country clubs, vacation homes, second homes, seasonal homes or investment property, stay up to speed on the market trends in Palm Springs, Palm Desert, Rancho Mirage, Cathedral City, Indian Wells and La Quinta.

For the best in California real estate and resort living, the Palm Springs area can't be beat!

Palm Springs Area or Phoenix/Scottsdale?

Here's an interesting article about Phoenix/Scottsdale. Click here.

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