Palm Springs Area Home Sales for July 2020

The table below shows the detached home sales for select cities in Coachella Valley for the month of July 2020.

Now that many people don’t have to go into an office every day and are able to work from home AND rates are super low, homes are moving quickly! In fact, volume in July was just about double that of May!

Many buyers are coming in from expensive coastal cities, living in small apartments, looking for a place to spread out and float in a pool while they shelter in place.

It’s a good time to be a seller in the desert: We are seeing multiple offers on properly prepared and priced listings!

The final sales prices for these five towns listed below ranged from a low of $222,300 at 78431 Desert Willow Drive in Palm Desert, to a high of $8,500,000 for 53485 Humboldt Boulevard in La Quinta.

If you would like to see everything that is currently for sale (including my two new listings on Texas Avenue and Utah Circle in Palm Desert) in these towns click here.

If you want to see my favorite neighborhoods click here.

If you have any questions, or if you or someone you know is considering buying or a selling a home, do not hesitate to contact me.

City

# of homes sold Average Days on Market Average ORIGINAL Asking Price Average FINAL Selling Price Lowest Selling Price

Highest Selling Price

Indian Wells

30

128 $1,088,000 $995,070 $325,000

$2,900,000

La Quinta

136

84 $779,418 $742,430 $259,000

$8,500,000

Palm Desert

116

87 $638,311 $588,248 $222,300

$5,500,000

Palm Springs

135

80 $860,810 $827,692 $253,000

$2,750,000

Rancho Mirage

68

90 $935,141 $902,802 $260,000

$2,588,000

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 in this particular month.

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Categories: best places to live, Market Updates, Real EstateTags: , , , , , , , , ,

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