Palm Springs Area Real Estate Market Update for April 2016

The table below shows the detached home sales for select cities in the beautiful Palm Springs area.

The final sales prices for all five towns ranged from a low of $32,000 for a burned out shell at 64221 Dillon Road in Palm Springs, to a high of $6,550,000 for 616 Indian Cove in Palm Desert. Proving that there is something for everyone in Coachella Valley.

To find or sell your next home, or even if you just have some questions, contact me today!

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!)

City

# of homes sold

Average Days on Market

Average ORIGINAL Asking Price

Average FINAL Selling Price

Lowest Selling Price

Highest Selling
Price

Indian Wells

17

137

$1,566,935

$1,163,029

$375,000

$2,900,000

La Quinta

110

145

$659,889

$630,165

$280,000

$2,595,000

Palm Desert

100

121

$615,224

$564,832

$159,900

$6,550,000

Palm Springs

86

82

$903,042

$661,773

$32,000

$2,245,000

Rancho Mirage

38

158

$948,643

$830,689

$232,000

$3,600,000

To find or sell your next home, or even if you just have some questions, contact me today!

Please note that the original asking prices and the days on market do not reflect when a home has been previously listed. This information is only pertinent for the listings that actually sold.

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