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YOUR BEST CHOICE FOR PALM SPRINGS PROPERTIES -  RESORT AND RETIREMENT HOMES IN THE DESERT 

Also these statistics are based on the resale market in Palm Springs, Palm Desert, Rancho Mirage, Indian Wells and La Quinta. This does not include the other cities or  new construction sales (those might take 6 months to "close" escrow  and do not show on the MLS).

The figures in red mean the numbers are showing worse results compared to the previous month and green means the numbers show an improvement compared to the previous month

 December is because of the holidays a low sales month and we should keep this in mind when reading the chart.

The numbers reflects the homes "sold" which closed escrow so it is always one month behind and January will reflect properties that went into escrow in December for example.

Stats for homes sold in April  2008 in the following cities : 433

Looking much better : did we really hit bottom already?

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 322.65

325,000

137

125

RanchoMirage

267.40

510,000

168

65

Palm Desert

251.10

371,000

141

102

La Quinta

 244.46

570,000

128

97

Indian Wells

413.71

850,000

188

21

 Sun City P.D.

216.81

333,000

139

23

Stats for homes sold in March  2008 in the following cities : 396

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 214.01

274,900

148

97

RanchoMirage

239.33

510,000

123

97

Palm Desert

260.27

402,000

115

98

La Quinta

 250.59

526,000

146

91

Indian Wells

298.90

702,500

188

14

 Sun City P.D.

255.72

485,000

151

29

Stats for homes sold in February 2008 in the following cities : 252

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 235.66

 325,995

155

62

RanchoMirage

 281.60

660,000

172

39

Palm Desert

236.94

412.500

104

66

La Quinta

 266.44

432,500

137

61

Indian Wells

318.76

642,500

158

8

 Sun City P.D.

 234.22

 390,000

152

16

Stats for homes sold in January 2008 in the following cities : 218

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 238.02

 296,500

155

 49

RanchoMirage

 265.14

673,250

111

 36

Palm Desert

270.60

380,000

116

78

La Quinta

 161.95

328,450

146

38

Indian Wells

375.42

875,000

47

9

 Sun City P.D.

 222.35

 457.500

216

 8

Stats for homes sold in December 2007 in the following cities : 291

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 231.76

 345,000

141

 108

RanchoMirage

 278.74

 627,100

134

 40

Palm Desert

240.97

399,000

108

62

La Quinta

 288.75

592,500

139

60

Indian Wells

359,55

1,070,00

112

12

 Sun City P.D.

 221.54

 450,000

105

 9

Stats for homes sold in November 2007 in the following cities : 243

City Price/Sqft 

 Median Price

 Days on Market

Total Homes

Palm Springs

 262.91

 384,500

137

 74

RanchoMirage

 281.69

 617,500

 160

 43

Palm Desert

256.51

 415,000

174

53

La Quinta

 269.24

563,750

 111

52

Indian Wells

316.03

 700,000

70

 7

 Sun City P.D.

 240.15

 510,000

 111

 14

 Stats for homes sold in October 2007 in the following cities: 227

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 226.71

 364,990

168

 84

RanchoMirage

 272.59

 782,943

 140

 30

 Palm Desert

 231.03

 428,423

155

49

 La Quinta

 279.22

 857,094

 166

47

 Indian Wells

334.83

 1,261,429

163

 7

 Sun City P.D.

 307.12

 246,350

 172

 10

Stats for homes sold in September 2007 in the following cities: total sales 252

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 251.16

 341,000

158

 85

 Rancho Mirage

 275.24

 657,500

 150

 40

 Palm Desert

 260.61

 385,000

136

51

 La Quinta

 242.75

 445,000

 166

55

 Indian Wells

494.98

 861,000

 131

 12

 SunCity P.D.

 218.15

 360,000

 108

 9

Stats for homes sold inAugust 2007 in the following cities : total sales 312

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 250.00

 427,000

102

 91

 Rancho Mirage

 259.30

 677,700

 113

 46

 Palm Desert

 237.88

 378,000

88

79

 La Quinta

 202.02

 480,000

 96

67

 Indian Wells

297.46

 715,000

 56

 13

 SunCity P.D.

 224.76

380,000

 156

 16

Stats for homes sold in July 2007 in the following cities : total sales 318

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 262.93

 375,000

140

 115

 Rancho Mirage

 280.24

 742,500

 129

 46

 Palm Desert

 272.79

 400,500

147

76

 La Quinta

 269.02

 551,375

 169

66

 Indian Wells

297.46

 625,000

 176

 15

Stats for homes sold in June 2007in the following cities : total sales 420

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 279.13

 403,500

132

 166

 Rancho Mirage

 266.51

 610,000

 134

70

 Palm Desert

 257.20

 425,000

 166

89

 La Quinta

 297.66

 563,450

 150

 76

 Indian Wells

 324.85

 670,000

 119

 19

Stats for homes sold in May 2007 in the following cities : total sales 473

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 265.32

 378,500

130

 144

 Rancho Mirage

 276.82

 639,750

 132

 76

 Palm Desert

 256.75

 491,066

140

118

 La Quinta

 292.76

 540,000

 148

111

 Indian Wells

 354.64

 818,000

 133

 24

Stats for homes sold in April 2007 in the following cities : total sales 450

 City

 Price/Sqft

 Median  Price

Days on Market

 Total Homes

 Palm Springs  

265.36

 352,500

 139

 134

 RanchoMirage  268.20  580,000

 143

 61

 Palm Desert  270.06  420,000

 104

127

 La Quinta  300.62  520,000

 162

 106

 Indian Wells  350.38  875,000

112

22

Stats for homes sold in March 2007 in the following cities : total sales 455

 City

 Price/Sqft

 Median  Price

Days on Market

 Total Homes

 Palm Springs  

281.81

 391,450

 140

 141

 RanchoMirage  290.38  582,500

132

 64

 Palm Desert  276.92  437,500

 126

 108

 La Quinta  294.62  610,000

 144

 120

 Indian Wells  380.88  858,500

136

 22

 

Stats for homes sold in February 2007 in the following cities: total sales 344

 City

 Price/Sqft

 Median  Price

Days on Market

 Total Homes

 Palm Springs    275.34  417.500

 127

 104

 RanchoMirage  287.30  640,000

 149

 56

 Palm Desert  270.12  450,000

 130

 79

 La Quinta  322.93  643,000

 153

 86

 Indian Wells  306.27  699,000

 110

 19

Stats for homes sold in January 2007 in the following cities :  total sales 282

 City Price/Sqft 

 Median Price

 Days on Market

Total Homes

 Palm Springs

 264.43

 375,000

115

 75

 Rancho Mirage

 291.48

 750,000

 101

 36

 Palm Desert

 265.82

 450,000

 99

 72

 La Quinta

 301.98

 647,500

 143

 76

 Indian Wells

 396.46

 940,000

 142

 18

 

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copyright Claudine Messika 2007

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