Palm Desert Country Club Real Estate Market Update for January 2017

The chart below shows the home sales activity in Palm Desert Country Club for the month of January 2017 (and the preceding 12 months for comparison). The volume, based on a monthly year over year comparison, shows the number of homes that actually sold is down, as are prices. This is also true when compared to the prior month.

Final selling prices in January ranged from a low of $193,700 for 43021 Connecticut Drive (which sold for $3,700 over the asking price) to a high of $299,000 for 76869 New York Avenue which sold for all cash–no loan.

To see everything that is currently for sale in Palm Desert Country Club, click here.

If you are interested in selling or purchasing a home please don’t hesitate to contact me. Although you should inform yourself regarding the possible moratorium on vacation rental property permits in the city of Palm Desert if you are considering such a purchase.

If you would like to rent a home for a vacation to test it out before you commit to a purchase click here.

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

January 2017

5

91 255,170 250,020 1

1

December 2016

11

138 $276,130 $265,516 2

November 2016

6

67 $278,383 $269,500 1

October 2016

8

54 $272,059 $263,125 1

September 2016

5

99 $314,780 $297,800

August 2016

6

99 $267,983 $251,650 1

July 2016

9

119 $262,088 $244,000

June 2016

17

108 $269,721 $257,024 3

1

May 2016

6

100 $263,602 $241,333

April 2016

11

156 $274,618 $262,727

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

To see previous neighborhood market reports, click here.

To explore other neighborhoods that I like click here.

To learn things you might not already know click here.

And if you have any questions, just ask!

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