Palm Springs Area Home Sales for May 2018

BEFORE WE GET STARTED… In The News: June 5 Palm Springs voted against a “blanket” ban on short term rentals. Now what that means to certain neighborhoods and HOAs remains to be learned. I will share more as I learn more.

And now for our regularly scheduled programming:
The table below shows the detached home sales for select cities in Coachella Valley for the month of May 2018.

The final sales prices for these five towns ranged from a low of $136,400 for a home at 451 West Bon Air in Palm Springs, to a high of $6,000,000 for 934 Andreas Canyon in Palm Desert.

If you would like to see everything (without HOA and FEE land) that is currently for sale in these towns click here. (Default sort is from high to low price.)

If you have questions regarding selling your home 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

27

126 $1,290,811 $1,180,000 $479,000

$2,200,000

La Quinta

144

108 $813,157 $743,876 $210,000

$3,450,000

Palm Desert

111

83 $669,644 $601,255 $220,000

$6,000,000

Palm Springs

102

80 $934,832 $774,338 $136,400

$2,850,000

Rancho Mirage

47

111 $1,039,981 $957,040 $345,000

$3,600,000

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.

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Categories: best agent in coachella valley, home sales, Market Updates, vacation homes, winter homesTags: , , , , , , , , ,

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