I want to start this month by saying the market is not “changing”, it has changed. For those interested in a granular weekly recap check here.
The chart below shows the home sales activity in the neighborhood for the month of October 2022 (and the preceding 12 months for comparison).
If you want me to make selling your home seem easy, do not hesitate to contact me.
To see everything that’s currently for sale in the neighborhood, click here.
And if you just want to hang out for a while and are looking for places to stay, 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 Asking |
| October 2022 | 2 | 80 | $597,450 | $520,000 | – | – |
| September 2022 | 1 | 24 | $450,000 | $480,000 | – | 1 |
| August 2022 | 5 | 45 | $516,400 | $486,500 | – | – |
| July 2022 | 9 | 38 | $513,296 | $515,778 | – | 6 |
| June 2022 | 5 | 20 | $478,400 | $494,400 | 1 | 3 |
| May 2022 | 3 | 22 | $446,667 | $468,833 | 1 | 1 |
| April 2022 | 15 | 31 | $468,753 | $497,937 | – | 13 |
| March 2022 | 13 | 30 | $479,369 | $503,346 | 1 | 9 |
| February 2022 | 3 | 29 | $469,300 | $480,300 | 1 | 2 |
| January 2022 | 4 | 46 | $470,375 | $477,375 | 2 | 1 |
| December 2021 | 9 | 41 | $421,756 | $421,028 | 3 | 4 |
| November 2021 | 8 | 36 | $435,475 | $424,363 | 1 | 1 |
| October 2021 | 6 | 67 | $441,167 | $427,167 | 1 | 2 |
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Categories: Market Updates, palm desert country club, Real Estate, Uncategorized
Kelley Eling, Realtor 