Claudine (760) 799-5308 claudine@claudinereal.com DRE # 01352648 Facebook Twitter
Alvin (760) 219-1504 alvin@alvintherealtor.com DRE # 01723189 Facebook Twitter
YOUR BEST CHOICE FOR PALM SPRINGS PROPERTIES - RESORT CONDOS
The statistics are based on the resale market in Palm Springs, Palm Desert, Rancho Mirage, Indian Wells, Sun City Palm Desertand La Quinta only. The cities of Indio, Cathedral City and Desert Hot Springs or other surrounding areas - not considered as our top resort cities - are not taken into account. This covers the resale market only and not the new construction.
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
The homes "sold" in September is based on activity and contracts that happened in August.
If you need more detailed information for these statistics, contact Claudine (760) 799 5308 or Alvin (760) 219 1504
Total homes
sold in February 2010 : 360 Median Price all in all : 361,273 Total Bank
Owned (REO's) sold in February 2010 : 98 Total Bank Owned (REO's) active in February 2010: 246
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
136,250
127.48
48
300,000
179.18
53
101
35
90
RanchoMirage
349,500
177.34
12
544,750
231.70
24
50
11
26
Palm Desert
208,500
153.12
45
295,000
191.24
46
91
31
69
Indian Wells
425,000
190.44
5
730,000
249.55
11
16
0
7
La Quinta
290,000
189.06
17
379,000
200.08
73
90
21
51
Sun City
316,500
174.05
12
12
0
3
Total homes
sold in Jan1uary 2010 : 393 Median Price all in all : 363,950 Total Bank
Owned (REO's) sold in January 2010 : 106 Total Bank Owned (REO's) active in January 2010: 229
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
184,950
137.00
40
340,000
183.92
63
103
40
89
RanchoMirage
327,500
162.87
18
492,500
200.42
32
50
5
23
Palm Desert
250,000
172.32
55
297,500
170.12
37
92
28
59
Indian Wells
357,000
177.41
4
657,000
270.18
13
17
3
6
La Quinta
272,000
194.95
21
400,000
194.45
97
118
30
48
Sun City
425,000
206.34
17
13
0
4
Total homes
sold in December 2009 : 441 Median Price all in all : 356,248 Total Bank
Owned (REO's) sold in December 2009 :142 Total Bank Owned (REO's) active in December 2009 : 255
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
212,500
157.09
58
347,475
177.85
72
130
49
92
RanchoMirage
340,000
157.85
22
525,000
206.19
35
57
19
27
Palm Desert
235,000
159.74
52
265,000
160.69
59
111
35
72
Indian Wells
283,750
154.54
4
745,000
240.75
12
16
2
9
La Quinta
280,000
191.50
21
392,000
191.30
62
114
35
53
Sun City
285,000
170.04
21
13
2
2
Total homes
sold in November 2009 : 333 Median Price all in all : 345,436 Total Bank
Owned (REO's) sold in November 2009 :120 Total Bank Owned (REO's) active in November 2009 : 240
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
170,900
134.39
52
339,000
186.68
55
107
42
89
RanchoMirage
286,250
158.81
12
539,000
203.28
31
43
9
21
Palm Desert
218,700
148.27
36
285,000
151.14
43
79
31
72
Indian Wells
290,000
178.14
3
724,000
230.77
12
13
4
6
La Quinta
310,000
169.89
12
359,950
170.49
76
78
32
48
Sun City
277,000
171.21
13
13
2
4
Total homes
sold in October 2009 : 378 Median Price all in
all : 314,568 Total Bank
Owned (REO's) sold in October 2009 :137 Total Bank Owned (REO's)
active in October 2009 : 223
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
153,087
136.10
46
276,000
170.05
65
111
48
82
RanchoMirage
265,000
146.84
7
506,500
196.00
30
37
13
24
Palm Desert
275,000
172.35
37
350,000
157.17
55
92
26
70
Indian Wells
290,000
172.03
1
413,669
172.31
9
10
4
6
La Quinta
320,000
190.25
25
271,000
152.09
90
115
46
41
Sun City
340,000
179.29
13
13
0
0
Total homes
sold in September 2009 : 340 Median Price all in all : 344,680 Total Bank Owned (REO's) sold in
September 2009 :116 Total Bank Owned (REO's) active in
September 2009 : 236
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
138,500
145.56
46
345,000
172.84
66
112
45
85
RanchoMirage
430,000
173.97
5
490,000
194.92
30
35
13
26
Palm Desert
214,000
150.75
34
239,500
154.25
42
76
31
67
Indian Wells
329,500
201.28
6
700,000
227.81
13
19
2
6
La Quinta
275,000
187.96
18
355,000
177.80
70
88
25
49
Sun City
275,000
166.53
10
10
0
3
Total homes
sold in August 2009 : 357 Median Price
all in all : 327,450 Total Bank Owned (REO's) sold in August
2009 :126 Total Bank Owned (REO's) active in August
2009 : 197
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
165,000
137.46
55
284,500
181.73
54
109
44
67
RanchoMirage
280,000
151.15
12
582,500
230.48
32
44
7
25
Palm Desert
215,000
155.34
41
298,442
158.03
52
93
31
55
Indian Wells
400,000
152.33
3
481,000
162.79
4
7
3
4
La Quinta
220,050
161.68
16
345,000
170.05
81
97
40
44
Sun City
330,000
172.18
7
7
1
2
Total homes
sold in July 2009 : 416 Median Price all in
all : 358,490 Total Bank Owned (REO's) sold in July
2009 :132 Total Bank Owned (REO's) active in July
2009 : 214
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
162,500
140.75
74
300,000
189.42
76
150
53
72
RanchoMirage
292,500
154.08
12
650,000
228.92
29
41
7
31
Palm Desert
190,000
151.53
39
314,900
179.52
51
90
39
53
Indian Wells
395,000
198.15
3
696,000
265.72
14
17
2
6
La Quinta
287,500
199.11
14
375,000
183.62
87
101
30
50
Sun City
280,000
187.83
17
17
1
2
Total homes
sold in June 2009 : 443 Median Price all in all : 362,932 Total Bank Owned
(REO's) sold in June 2009 :108 Total Bank Owned (REO's) active in June 2009 : 196
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
183,500
159.43
68
351,260
185.70
72
140
39
66
RanchoMirage
349,000
164.96
11
600,000
235.38
31
42
9
28
Palm Desert
230,000
162.87
57
315,500
193.85
56
113
32
48
Indian Wells
313,500
171.30
16
650,000
242.05
7
23
2
5
La Quinta
287,000
165.83
12
420,000
204.60
91
103
25
48
Sun City
292,500
178.62
22
22
1
1
Total homes
sold in May 2009 : 404 Median Price all in all : 364,068 Total Bank Owned
(REO's) sold in May 2009 :130 Total Bank Owned (REO's) active in May 2009 : 183
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
165,000
142.52
73
245,000
148.13
62
135
52
72
RanchoMirage
261,500
154.93
20
650,000
237.64
28
48
7
17
Palm Desert
242,500
169.57
46
380,000
186.44
43
89
32
41
Indian Wells
302,500
164.72
4
647,000
285.86
6
10
0
5
La Quinta
451,250
210.43
14
330,000
174.66
87
101
36
46
Sun City
330,000
184.30
21
21
3
2
Total homes
sold in April 2009 : 376 Median Price all in all : 340,640 Total Bank Owned
(REO's) sold in April 2009 :126 Total Bank Owned (REO's) active in April 2009 : 218
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
142,000
139.59
53
329,000
190.52
57
110
31
90
RanchoMirage
300,000
164.20
21
405,100
205.24
28
49
17
21
Palm Desert
286,750
179.51
40
293,000
171.38
54
94
43
62
Indian Wells
425,000
199.09
6
545,000
205.60
14
20
3
8
La Quinta
318,750
192.51
8
392,450
212.27
78
86
30
37
Sun City
310,000
186.17
27
27
2
Total homes
sold in March 2009 : 340 Median Price all in all : 356,409 Total Bank Owned
(REO's) sold in March 2009 :118 Total Bank Owned (REO's) active in March 2009 : 259
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
190,500
159.85
36
397,500
184.73
56
92
31
100
RanchoMirage
299,000
161.28
28
505,000
237.64
15
43
17
20
Palm Desert
287,500
199.11
42
290,000
156.87
65
107
32
79
Indian Wells
430,000
206.85
2
642,500
295.10
8
10
0
7
La Quinta
347,500
197.33
6
281,000
172.18
73
79
35
50
Sun City
250,000
172.25
9
9
3
3
Total homes sold in February 2009 : 237 Median Price all in all : 297,354 Total Bank Owned (REO's) sold in February 2009 :88 Total Bank Owned (REO's) active in February 2009 : 314
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
190,000
161.48
31
299,450
193.71
44
75
29
124
RanchoMirage
274,000
165.11
18
411,950
212.39
18
36
8
25
Palm Desert
285,000
199.45
21
288,500
163.27
26
47
16
93
Indian Wells
345,000
173.78
2
327,500
247.35
4
6
2
10
La Quinta
318,000
202.11
10
189,500
175.33
54
64
33
57
Sun City
342,000
195.39
9
9
0
5
Total homes sold in January 2009 : 177 Median Price all in all : 444,886 Total Bank Owned (REO's) sold in January 2009 :81 Total Bank Owned (REO's) active in January 2009 : 317
Cities
MedianPrice
condos sold
Price/sqft
condossold
Total condos
MedianPrice
singlefamily
Price/sqft
singlefamily
TotalSingle family
Total
sold
Active REO's
PalmSprings
359,000
173.43
21
370.000
164.56
29
40
123
RanchoMirage
280,000
212.12
1
612,500
246.11
16
17
26
Palm Desert
323,950
202.76
14
1,175,000
208.04
27
41
89
Indian Wells
347,500
188.61
2
712,500
294.96
6
8
9
La Quinta
318,000
202.11
10
189,500
175.33
54
64
66
Sun City
325,000
182.71
7
7
4
Total homes sold in December 2008 : 251 Total Bank Owned (REO's) sold in December 2008 :95 Total Bank Owned (REO's) active in December 2008 : 204
Cities
MedianPrice condos sold
Price/sqft condossold
Total condos
MedianPrice singlefamily
Price/sqft singlefamily
TotalSingle family
Total sold
Sold REO's
Active REO's
Palm Springs
492,000
155.81
31
650,000
210.85
45
76
87
RanchoMirage
211,500
162.78
8
515,000
242.03
23
31
16
Palm Desert
203,500
157.85
24
500,000
161.04
34
58
57
Indian Wells
360,000
160.00
1
634,500
281.62
8
9
5
La Quinta
304,500
190.00
9
215,000
188.90
57
65
37
Sun City
286,250
184.09
12
12
2
Stats for homes sold in November 2008 in the following cities : 214
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
177.72
314,356
126
71
RanchoMirage
207.94
475,000
119
23
Palm Desert
200.23
439,000
143
41
La Quinta
182.64
300,000
123
65
Indian Wells
310.33
516,025
104
8
Sun City P.D.
168.29
297,500
132
6
Stats for homes sold in October 2008 in the following cities : 302
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
191.13
255,000
120
103
RanchoMirage
208.94
425,000
154
43
Palm Desert
194.65
312,500
125
64
La Quinta
193.80
305,000
129
81
Indian Wells
328.73
775,000
99
10
Sun City P.D.
214.20
380,000
112
11
Stats for homes sold in September 2008 in the following cities: 296
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
195.77
280,000
145
103
RanchoMirage
215.01
475,500
174
34
Palm Desert
189.72
288,000
118
54
La Quinta
172.54
305,500
128
84
Indian Wells
291.15
645,000
46
7
Sun City P.D.
218.60
456,500
119
14
Stats for homes sold in August 2008 in the following cities :313
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm
Springs
216.79
271,495
139
104
RanchoMirage
215.82
470,000
186
35
Palm
Desert
210.80
360,000
142
77
La Quinta
197.81
385,950
143
74
Indian
Wells
290.55
630,000
172
13
Sun
City P.D.
185.12
325,000
137
10
Stats for homes sold in July 2008 in the following cities :364
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
218.82
313,750
165
96
RanchoMirage
222.29
472,500
139
50
Palm Desert
239.27
342,000
129
93
La Quinta
218.26
390,000
136
102
Indian Wells
388.30
490,000
127
5
Sun City P.D.
250.35
389,500
223
18
Stats for homes sold in June 2008 in the following cities :377
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
227.12
299,950
129
104
RanchoMirage
250.04
530,000
168
51
Palm Desert
219.88
357,000
136
86
La Quinta
235.61
415,000
151
97
Indian Wells
303.44
684,000
173
13
Sun City P.D.
216.24
424,500
151
26
Stats for homes sold in May 2008 in the following cities : 427
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
217.20
292,250
140
120
RanchoMirage
243.29
522,500
130
58
Palm Desert
255.67
425,000
152
97
La Quinta
253.64
485,000
129
119
Indian Wells
297.48
745,000
186
25
Sun City P.D.
202.81
330,000
151
1
Stats for homes sold in April 2008 in the following cities :433
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
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
195.77
280,000
145
103
RanchoMirage
215.01
475,500
174
34
Palm Desert
189.72
288,000
118
54
La Quinta
172.54
305,500
128
84
Indian Wells
291.15
645,000
46
7
Sun City P.D.
218.60
456,500
119
14
Stats for homes sold in November 2008 in the following cities : 176
City
Price/Sqft
Median Price
Days on Market
Total Homes
Palm Springs
167.24
349,000
117
37
RanchoMirage
207.94
475,000
119
23
Palm Desert
200.23
439,000
143
41
La Quinta
181.41
292,500
115
62
Indian Wells
310.33
513,025
104
8
Sun City P.D.
171.99
320,000
153
5
Stats for homes sold in January 2009 in the following cities : 252 and active REO's (Bank Owned Properties) : 224
City
Condos Median Price
Price per Sqare foot
Number of units Sold
Single Fam. Median Price
Price per Square foot
Number of units Sold
Total Homes Sold
Number REO's active
Palm Springs
359,000
173.43
21
370,000
164.56
29
50
97
RanchoMirage
211,500
162.78
8
515,000
242.03
23
31
19
Palm Desert
203,500
157.85
24
152,500
161.21
32
56
55
La Quinta
304,500
190.00
9
215,000
185.91
57
66
44
Indian Wells
360,000
1
634,500
281.62
8
9
6
Sun City P.D.
300,500
187.30
1
Stats for homes sold in December 2008 in the following cities : 252 and active REO's (Bank Owned Properties) : 224
City
Condos Median Price
Price per Sqare foot
Number of units Sold
Single Fam. Median Price
Price per Square foot
Number of units Sold
Total Homes Sold
Number REO's active
Palm Springs
492,500
155.81
31
387,500
208.70
46
77
97
RanchoMirage
211,500
162.78
8
515,000
242.03
23
31
19
Palm Desert
203,500
157.85
24
152,500
161.21
32
56
55
La Quinta
304,500
190.00
9
215,000
185.91
57
66
44
Indian Wells
360,000
1
634,500
281.62
8
9
6
Sun City P.D.
300,500
187.30
11
11
3
Stats for homes sold in January 2009 in the following cities : 185 and active REO's (Bank Owned Properties) : 313
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