June and 2nd quarter '08 home sales in Palm Springs

There were 44 single family homes sold in Palm Springs in the month of June '08. Median sales price was $532,500.

A breakdown by area and comparisons to June 2007 are below.

North Palm Springs:

'07 - 22 sales, median sales price: $495,750.
'08 - 15 sales, median sales price: $295,000

Central Palm Springs:

'07 - 24 sales, median sales price: $627,500.
'08 - 14 sales, median sales price: $660,000.

South Palm Springs:

'07 - 22 sales, median sales price: $659,500.
'08 - 15 sales, median sales price: $585,000.

2nd Quarter '08 results by area compared to 2nd qtr '07:

North Palm Springs:

'07: 67 sales, $445,000.
'08: 52 sales, $325,950.

Central Palm Springs:

'07: 59 sales, $650,000.
'08: 48 sales, $426,000.

South Palm Springs:

'07: 62 sales, $725,000.
'08: 58 sales, $575,000.

If you would like data about a particular neighborhood, let me know and I'll get it for you.

Starting this week, I plan to post sales daily, alternating between South, Central and North Palm Springs.

Russell Hill 760.902.3121 RussellHill.net