Palm Springs real estate. A few posts back someone commented that certain neighborhoods were holding their value better than others. I pulled data for the 2nd quarter '08 compared to same period in '07 for several Palm Springs neighborhoods. This is just a snapshot for the 2nd qtr.
South Palm Springs:
Los Compadres:
2nd qtr '08 - 5 sales; median sales price: $485K, $265sf
'07 - 4 sales; median sales price: $490K, $30561sf
Deepwell:
'08: 4 sales, $486,750, $232sf
'07: 5 sales, $953K, $406.66sf
Mesa:
'08: 2 sales, $622,500, $302.98sf
'07: 3 sales, $1,100,000, $393.63sf
Central Palm Springs:
Las Palmas:
'08: 2 sales, $1,499,500, $490.63sf
'07: 6 sales, $1,775,000, $444.08sf
Vista Las Palmas:
'08: 3 sales, $829K, $341.86sf
'07: 4 sales, $1,037,500, $531.34sf
Ruth Hardy Park:
'08: 15 sales, $425K, $263.96sf
'07: 12 sales, $597,500, $334.86sf
I welcome your comments! If you want data for another neighborhood, let me know and I'll get it for you.
Russell Hill 760.902.3121
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