Palm Springs & Desert area Real Estate

Palm Springs Area Real Estate Sales.

RUSSELL HILL, Realtor, HomeSmart, 760.898.8399; russell@poolsidewithrussell.com,DRE 1427657

Friday, January 04, 2008

Palm Springs, CA '07 real estate sales compared to '06 sales

Below are 2007 sales data for Palm Springs, by area (North, Central and South) compared to '06 sales. In a day or so, I will provide data for some specific neighborhoods.

North Palm Springs:

1st quarter:
'06 median/avg $ per sf: $431,500./$284.79
'07 median/avg $ per sf: $464,000./$276.31

2nd quarter:
'06: $459,000./$281.42
'07: $445,000./$254.85

3rd quarter:
'06: $425,000./$281.61
'07: $415,000./$268.81

4th quarter:
'06: $429,990./$260.02
'07: $398,850./$229.87

Central Palm Springs:

1st quarter:
'06 median/avg $ per sf: $649,000./$393.79
'07 median/avg $ per sf: $665,000./$354.19

2nd quarter:
'06: $675,000./$385.24
'07: $650,000./$350.12

3rd quarter:
'06: $716,000./$380.35
'07: $622,000./$343.36

4th quarter:
'06: $570,000./$348.64
'07: $596,000./$356.71

South Palm Springs:

1st quarter:
'06 median/avg $ per sf: $690,000./$314.06
'07 median/avg $ per sf: $660,000./$325.03

2nd quarter:
'06: $707,500./$320.89
'07: $725,000./$337.84

3rd quarter:
'06: $625,000./$301.33
'07: $660,000./$292.29

4th quarter:
'06: $629,000./$322.43
'07: $637,500./$287.45

Source: Desert Area MLS

Russell Hill, 760.902.3121 RussellHill.net

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