Palm Desert Country Club Real Estate Market Update for March 2016

As you will see in the chart below, the number of homes selling as well a the final selling prices are softening compared to last year, in the Palm Desert Country Club. Sales ranged from a low of $120,000 for 76000 California Drive, to a high of $298,000 for 43755 Louisiana Street.

If you have any questions about the area, or are interested in selling or purchasing a home, please don’t hesitate to contact me.

If you would like to rent a home for a vacation to test it out before you commit to a purchase, or if you are considering purchasing an investment property as a vacation rental, or converting your existing property into a vacation rental, click here. (much better ROI than the stock market!)

If you already own a second home here and don’t want to rent it out but need someone to watch over it while you are away, click  here.

Month

# of
homes sold

Average Days on Market

Average ORIGINAL Asking Price

Average FINAL Selling Price

# Sold AT Original
Asking Price

# Sold OVER Original
Asking Price

March 2016

7

118

$237,971

$230,643

1

February 2016

6

111

$247,800

$235,083

January 2016

10

91

$268,305

$260,850

2

2

December 2015

8

108

$275,913

$260,088

November 2015

7

101

$270,726

$256,486

2

1

October 2015

3

88

$230,800

$215,667

September 2015

5

185

$274,780

$256,400

August 2015

5

76

$262,078

$246,600

1

July 2015

4

64

$261,725

$253,500

1

June 2015

10

75

$263,770

$249,490

3

May 2015

13

109

$253,823

$241,223

1

April 2015

14

100

$240,486

$230,904

2

2

March 2015

10

107

$256,370

$235,600

February 2015

8

89

$257,363

$231,500

As always, if you have any questions, just ask!

 

My neighbors at Palm Desert Country Club by Kelley Eling, Realtor

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