Palm Springs Area Home Sales Update for January 2017

The table below shows the detached home sales for select cities in the beautiful Coachella Valley for the month of January 2017.

The final sales prices for these five towns ranged from a low of $40,000 for a home with extensive “fire damage throughout” (which I’m noticing happens in Palm Springs with greater and greater frequency) at 473 West Sunview in Palm Springs, to a high of $4,600,000 for 74235 Quail Lakes Drive in Indian Wells.

To see the homes that are currently for sale in these five towns, with no HOA and you own the land, click here.

If you would like to rent a home for a vacation to test it out before you commit to a purchase, or converting your existing property into a vacation rental, click here.

To find or sell your next home, including purchasing an investment property as a vacation rental, or even if you just have some questions, contact me today!

City # of homes sold Average Days on Market Average ORIGINAL Asking Price Average FINAL Selling Price Lowest Selling Price Highest Selling Price
Indian Wells

9

191 $1,392,333 $1,265,575 $360,000

$4,600,000

La Quinta

84

110 $725,775 $679,034 $200,000

$3,150,000

Palm Desert

73

104 unknown $497,893 $193,700

$3,450,000

Palm Springs

59

94 $677,484 $641,796 $40,000

$2,685,000

Rancho Mirage

22

106 $875,816 $777,923 $188,800

$2,480,000

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.


Find me online:      my blog     facebook     twitter      linkedin     zillow     trulia     yelp     activerain

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s