Palm Springs & Desert area Real Estate

Palm Springs Area Real Estate Sales.

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

Wednesday, April 23, 2008

Palm Springs homes for Sale

Homes for sale in Palm Springs' Las Palmas (Old Las Palmas) neighborhood. There are currently 33 homes listed for sale in the neighborhood, ranging in price from $1,100,000 to $15,950,000. Las Palmas is considered Palm Springs' premier neighborhood, offering large estate lots, beautiful architecture, grand mountain views and a close proximity to the "Village". Let me know if you would like more information (photos, sq footage, etc) about these homes, or if you would like me to get information for another Palm Springs neighborhood. Thanks for reading. I hope you find this information helpful.

1441 N Kaweah Rd., $1,100,000.
264 W Hermosa Pl., $1,199,000.
269 Camino Sur, $1,245,000.
766 Prescott Dr., $1,295,000.
245 W Mountain View Pl., $1,299,000.
339 Vereda Norte, $1,395,000.
295 Camino Norte, $1,395,000.
280 W Vereda Sur, $1,399,000.
350 W Vereda Sur, $1,450,000.
587 Camino Sur, $1,450,000.
247 W Vereda Sur, $1,545,000.
470 Camino Norte, $1,599,000.
505 Camino Sur, $1,650,000.
1150 N Via Monte Vista, $1,895,000.
535 N Belardo Rd., $1,995,000.
296 W Hermosa Pl., $2,295,000.
840 N Prescott Dr., $2,450,000.
212 W Via Lola, $2,495,000.
190 W Hermosa Pl., $2,750,000.
993 N Patencio Rd., $2,795,000.
501 N Belardo Rd., $2,895,000.
1184 Camino Mirasol, $2,895,000.
955 N Prescott Dr., $3,595,000.
1455 N Vine Ave., $3,750,000.
478 W Merito Pl., $3,750,000.
480 W Via Lola, $3,995,000.
398 W Chino Dr., $3,995,000.
600 N Cahuilla Rd., $4,495,000.
425 W Via Lola, $6,450,000.
417 W Hermosa Pl., $7,800,000.
457 W Hermosa Pl., $15,950,000.

Median list price: $2,450,000.
Median sales price last six months: $1,950,000. (7 sales)

Russell Hill 760.902.3121 RussellHill.net

Tuesday, April 22, 2008

Smoke Tree Commons




I've written quite a bit about the new shopping center going in near my house. Smoke Tree Commons is located on East Palm Canyon at Barona (Farrell).
Overall, I'm excited about having shopping within easy walking distance of my house and hundreeds of others. I hope I'm not the only one planning on walking to the bank, drugstore and grocery store. I mostly like the landscaping and layout of the center. What I don't like, and what I have shown in one of the photos, is the fact that the developer (with the city's allowance) tunrned the shopping center's back to Palm Canyon in one prominate area. They did better than many other shopping centers (The Springs at Vista Chino/Gene Autry for one), but why did the developer have to put an ugly side to Palm Canyon? Why not turn those service doors to the side parking lot? Is the parking lot more "important" than Palm Canyon?
On a positive note, I love the new landscaped median on Palm Canyon. I would have liked to have seen medians go in along Sunrise when the utility lines were buried recently. Can't you envision Sunrise with a landscaped median?

Monday, April 21, 2008

Palm Springs Homes Sold and in Escrow

Palm Springs homes - sold and in escrow from 4/14/08 through 4/20/08

There were 11 single family homes sold in Palm Springs and 9 that went into escrow. This week, North Palm Springs saw the most action. Prices in parentheses are original list price.

North Palm Springs:

Sold:

3522 Cliffrose Trail, Four Seasons, $311,990. ($366,990.)
3484 Cliffrose Trail, Four Seasons, $315,990. ($370,990.)
2591 Windmill Way, Four Seasons, $351,500. ($435,000.)
3793 Vista Verde, Mountain Gate, $380,000. ($519,000.)
781 Alta, Mountain Gate, $390,000. ($383,900 - sold for over asking)

Median Sales Price: $$351,500/$170.52 sf

In Escrow:

2602 N Biskra Rd., Desert Park Estates, $429,000.
2154 George Cir., Victoria Park, $285,000.
1051 El Escudero, Victoria Park, $289,900.
3451 Circulo San Sorrento Rd., Vintage Palms, $379,000.
2244 N Milben Cir., Racquet Club East, $669,000.
1586 Sienna Ct., Enclave at Sunrise, $779,888.

Central Palm Springs:

Sold:

547 N Sunrise Way, Sunrise Park, $337,500. ($369,000.)
1890 E Amado Rd., Sunrise Park, $400,000. ($489,900.)

Median Sales Price: $368,750/$282.28 sf

In Escrow:

none

South Palm Springs:

Sold:

1344 E Camino Primrose, Warm Sands, $395,000. ($479,000.)
1377 S Camino Real, Tahquitz River Estates, $555,000. ($579,000.)
2170 S Pebble Beach Dr., Tahquitz River Golf, $715,000. ($749,000.)
2401 S Yosemite Dr., Canyon North, $1,010,000. ($1,075,000.)

Median Sales Price: $635,000./$287.27 sf

In Escrow:

3532 E Mesquite Ave., Demuth Park, $212,900.
2469 E El Chorro Way, Los Compadres, $699,000.
1072 E San Lorenzo, Tahquitz River Estates, $735,000.

Russell Hill 760.902.3121 RussellHill.net

Friday, April 18, 2008

Palm Springs Open Houses


Open House in Palm Springs, Saturday and Sunday, 4/19 - 4/20/08, 1-3pm.


Tahquitz River Estates, 1657 S Riverside Dr., $489,000.


Click here to see additional photos and detailed information about the home.


Come by and take a look!


Russell Hill 760.902.3121 RussellHill.net

Wednesday, April 16, 2008

Palm Springs homes for Sale


Homes for sale in Palm Spring's Deepwell neighborhood. There are currently 27 active listings in Deepwell, located in South Palm Springs. Prices currently range from $479,900 on the low end to $1,549,000. on the high end. Deepwell is a sought-after neighborhood with a great "neighborly" feel and is located nearby to shopping, restaurants, and entertainment. Visit the website for the active neighborhood association at My Deepwell.com. Let me know if you would like more details for any of these homes. Leave a comment and I'll respond. If you would like information about other neighborhoods, I'm happy to get that to you as well.


1000 S Calle Marcus, $479,900.
1664 S Calle Marcus, $499,000.

1353 S Calle Rolph, $599,000.
1017 S Calle Rolph, $599,000.


1085 E Deepwell Rd, $655,000.


1655 E Palm Tree Dr., $739,000.
1055 E Suntan Ln, $749,000.
1033 S Calle De Maria, $749,000.
1124 S Sagebrush Rd., $759,000.
1487 S Driftwood Dr., $775,000.
1524 S Calle Marcus, $779,000.
1085 Driftwood Dr., $789,000.
1131 S Driftwood Dr., $798,000.
1273 S Calle Marcus, $799,000.
1109 E Mesquite Ave., $799,000.
1560 S Paseo De Marcia, $799,000
960 E Deepwell Rd., $899,000.
1533 S Paseo De Marcia, $959,000.
1298 S Manzanita Ave., $989,000.

1240 S Manzanita Ave., $1,095,000.
1010 S Calle De Maria, $1,099,000.

1525 S Calle De Maria, $1,150,000.
1515 S Manzanita Ave., $1,175,000.
1168 E Cactus Rd., $1,190,000.

1350 S Calle Rolph, $1,250,000.

1486 S Driftwood Dr., $1,399,000.

1104 E Cactus Rd., $1,549,000.


Source: Desert Area MLS


Russell Hill 760.902.3121 RussellHill.net

Monday, April 14, 2008

Palm Springs Homes Sold and in Escrow

Palm Springs real estate. It was a busy week for real estate sales in Palm Springs. From 4/7/08 to 4/13/08 there were 12 closings and 14 sales of single family homes. These numbers do not included condo sales. It's interesting to see what's selling. Some of these are really good buys. As always, the prices in parentheses are original list price.

North Palm Springs:

Sold:

3081 N Cypress Rd., Desert Park Estates, $285,000. ($293,900; sold in '06 for $452,500.!)
2103 N Milben Cir., Racquet Club East, $365,000. ($599,000)
2693 E Via Escuela, Desert Park Estates, $414,500. ($599,000)

Median Sales Price: $365,000/225.01sf avg

In Escrow:

2660 N Farrell Dr., Desert Park Estates, $275,000.
465 E Desert Holly Cir., Racquet Club East, $320,000.
970 E Racquet Club Rd., Racquet Club East, $359,000.
3330 Circulo San Sorrento Rd., Vintage Palms, $399,000.

Central Palm Springs:

Sold:

1400 E Tamarisk Rd., Ruth Hardy Park, $427,000. ($459,000.)
432 N Orchid Tree Ln, Sunrise Park, $689,000. ($779,000.)
418 W Chino Canyon Rd., Little Tuscany, $1,150,000. ($1,245,000.)

Median Sales Price: $689,000/331.52sf avg

In Escrow:

2013 E Andreas Rd., Sunrise Park, $395,000.
2191 E Calle Papagayo, Sun Villas, $315,000.
2140 E Park Dr., Sunrise Park, $407,000.
480 N Monterey Rd., Sunrise Park, $619,000.
1029 E El Alameda, Ruth Hardy Park, $760,000.

South Palm Springs:

Sold:

554 S Calle Encilia, Warm Sands, $365,000. ($609,000.)
1193 S Calle Marcus, Deepwell, $412,000. ($417,500.)
1193 E La Jolla Rd., Twin Palms, $465,000. ($450,000.)
954 E San Lucas Rd., Tahquitz River Estates, $579,000. ($599,000.)
1041 E Twin Palms Dr., Twin Palms, $725,000. ($799,000.)
670 E Ocotillo Rd., Tahquitz River Estates, $760,000. ($778,000.)

Median Sales Price: $522,000/304.12sf avg

In Escrow:

3916 E Camino Parocela, Demuth Park, $319,000.
3460 Ridgeview Cir., Ridgeview, $359,000.
564 S Roxbury Cir., Los Compadres, $400,000.
153 E Mesquite Ave., Tahquitz River Estates, $415,000.
1535 Palm Colony, Biltmore Colony, $949,000.

Russell Hill 760.902.3121 RussellHill.net

Palm Springs Real Estate


Price reduction: 2602 N Biskra, Palm Springs, CA Desert Park Estates.


I have a substantial price reduction for my listing located in Desert Park Estates. See the details and additional photos here.


At a list price of $429K this is a good value. 4 bdrms, 2.5 baths, newer construction, swimming pool and spa. Two fireplaces. Tile floors throughout the common living spaces. See the website here


Russell Hill 760.902.3121 RussellHill.net

Friday, April 11, 2008

Smoke Tree Commons


I read through Curbed LA that Linen 'N Things is expected to file for bankruptcy. Read the story here. If this is indeed true, what does this mean for their plans for their new store at Smoke Tree Commons, our new "neighborhood" shopping center?

I hope it means that something else will take its place. Perhaps a bookstore such as Borders or Barnes and Noble? I would much prefer a bookstore over Linens 'N Things. Would you?


Palm Springs Open House



Open Houses in Palm Springs. Sunday, 4/13/08, 12-2pm


Please come by and see us at these open houses


Tahquitz River Estates - 1657 S Riverside Dr. 3 bdrm, 2 bath Trousdale w/ walls of glass - $489,000.


Village Raquet Club - 432 Village Sq. W. 3 bdrm, 3 bath beautifully remodeled - $369,000.
Go to the links above (@ addresses) to see listing details and additional photos.
Russell Hill RussellHill.net 760.902.3121

Wednesday, April 09, 2008

WEDNESDAY NEWS

Everyone's talking about paying off their mortgage - FAST (Los Angeles Times)
We're going to grow because of sprawl from LA? (The Desert Sun)

Palm Springs Homes Sold and in Escrow

Palm Springs Homes - sold and in escrow - 4/1/08-4/6/08

There were 7 single family homes that sold and 8 that went into escrow in the first five days of April. The data is below.

North Palm Springs:

Sold:

23 Gladys Cir., $74,900 (sold in 9 days! $74,900)
3670 Western Sky Way, Four Seasons, $265,000. ($289,900)
2636 N Starr Rd., Racquet Club East, $482,000. ($600,000)
1865 N Hildalgo Way, $495,000. ($499,000)
840 E Alexander Way, Racquet Club East, $499,000. ($529,000.)

In Escrow:

2098 N San Clemente Rd., Desert Park Estates, $275,000.
2973 N Chuperosa Rd., Desert Park Estates, $469,500.
2505 N Cardillo Ave., Chino Canyon, $739,000.

Central Palm Springs:

Sold:

535 N Burton Way, Sun Villas, $365,000. ($399,900.)

In Escrow:

1428 E El Alameda, Ruth Hardy Park, $474,900.
1860 N Vista Dr., Little Tuscany, $1,150,000.

South Palm Springs:

Sold:

2803 S Palm Canyon Dr., Canyon South, $855,000. ($1,150,000.)

In Escrow:

284 E Ocotillo Ave., Tahquitz River Estates, $695,000.
1111 S Driftwood Dr., Deepwell, $795,000.
1743 Pinnacle Pt., Andreas Hills, $1,630,000.

Wednesday, April 02, 2008

1st Quarter 2008 sales by area in Palm Springs

Below are the sales results for 1st qtr '08 by area (Palm Springs single family homes). Median sales price/price per sf.

North Palm Springs:

1st Qtr '08: $315,000./$194.66 43 sales
1st Qtr '07: $464,000./$276.31 61 sales

Central Palm Springs:

1st Qtr '08: $779,000./$345.68 23 sales
1st Qtr '07: $665,000./$354.19 47 sales

South Palm Springs:

1st Qtr '08: $720,000./$303.67 39 sales
1st Qtr '07: $660,000./$325.03 55 sales

Source: Desert Area MLS

Russell Hill 760.902.3121 RussellHill.net

March and 1st qtr '08 Sales Stats for Palm Springs

Below are the numbers for March and 1st qtr sales results in Palm Springs.

Single Family:

March '08 median sales price: $450,000./$256.95sf 39 sales
March '07 $552,000./$319.88sf 70 sales

1st Qtr '08 median sales price: $452,000./$268.60sf 105 sales
1st Qtr '07 $530,500./$316.34sf 162 sales

Condo:

March '08 median sales price: $233,500./$185.98sf 56 sales
March '07 $300,000./$243.90sf 70 sales

1st Qtr '08 median sales price: $235,000./$189.06sf 134 sales
1st Qtr '07 $285,000./$235.48sf 157 sales

Source: Desert Area MLS

Russell Hill 760.902.3121 RussellHill.net

Tuesday, April 01, 2008

Palm Springs Homes Sold and in Escrow

Wow! The last 15 days of March, 2008 have been busy for buyers and sellers and their agents. There were 21 single family homes that went into escrow and 28 that sold between March 17 and 31st, 2008! The details are below, by area. As always, prices in parentheses are original list price.

North Palm Springs:

Sold:

2070 N Whitewater Club Dr., Desert Park Estates, $257,000. (389,000 then to 249,900)
2314 Savanna Way, Four Seasons, $269,000. ($299,900)
2587 Savanna Way, Four Seasons, $270,000. ($379,990)
2348 N Carillo Rd, $274,900. ($550,000.)
492 E Simms Rd., Racquet Club East, $285,000. ($295,900)
530 E Simms Rd., Racquet Club East, $295,000. ($375,000.)
3490 Tranquility Way, Four Seasons, $317,000. ($399,000.)
3487 Cliffrose Trail, Four Seasons, $319,990 ($361,990)
1233 Mira Luna, Mountain Gate, $330,000. ($447,000.)
656 E Spencer Dr, Racquet Club East, $393,000. ($480,000.)
1090 Azure Ct., Murano, $728,900. ($815,900.)
2222 N Janis Dr., Chino Canyon, $765,000. ($895,000.)

Median Sales Price: $306,000/202.52sf

In Escrow:

1581 Twin Star Rd., $165,000.
792 W Rosa Parks Dr., Gateway Highlands, $169,000.
2154 George Cir., Victoria Park, $285,000
1031 E El Conquistador, Victoria Park, $295,000.
868 Mira Grande, Mountain Gate, $379,900.
1200 Oro Ridge, Mountain Gate, $569,000.
1321 E Verona Rd, Desert Park Estates, $679,000.

Central Palm Springs:

Sold:

4361 E Paseo Caroleta, $200,000. ($574,900)
1460 N Fiesta Rd., Ruth Hardy Park, $375,000. ($499,900)
1422 N Opuntia Rd., Ruth Hardy Park, $452,000. ($570,000.)
499 N Orchid Tree Ln., Sunrise Park, $735,000. ($849,000.)
2025 N Via Norte, Little Tuscany, $1,124,900. (1,124,900)
1224 Mary Fleming Cir., Colony El Mirador, $1,190,000. ($1,359,000.)
358 Villagio East, The Village in Old PS, $1,250,000. ($1,425,000.)
375 W Via Lola, Las Palmas, $1,425,000. ($1,450,000.)

Median Sales Price: $929,950/321.19sf

In Escrow:

547 N Sunrise Way, Sunrise Park, $369,000.
2020 E Paseo Gracia, Sunrise Park, $379,900.
2275 Calle Conejara, Sun Villas, $399,000.
1890 E Amado Rd., Sunrise Park, $449,000.
592 N Tercero Cir, Sun Villas, $459,000.
2215 E Desert Palms Dr., Sunrise Park, $729,000.
740 E Paseo El Mirador, Ruth Hardy Park, $899,000.
555 Via Las Palmas, Las Palmas, $1,495,000.
695 W Stevens Rd, Las Palmas Heights, $2,395,000.

South Palm Springs:

Sold:

1332 Beverly Dr., Los Compadres, $440,000. ($499,000)
590 S Indian Trail, Warm Sands, $600,000. ($799,000.)
2663 E Kings Rd E, Kings Point, $665,000. ($755,000.)
761 E Mesquite Ave., Tahquitz River Estates, $700,000. ($855,000.)
2160 S Toledo Ave., Canyon Estates, $739,000. ($849,000.)
2661 E La Condesa Way, Vista Canyon, $762,500. ($839,000.)
1834 S Camino Real, Twin Palms, $795,000. ($895,000.)
282 W Camino Carmelita, Mesa, $1,900,000. ($2,355,000.)

Median Sales Price: $719,500/336.94sf

In Escrow:

641 E El Placer Rd., Demuth Park, $149,900.
564 W Roxbury Dr., Los Compadres, $400,000.
1994 S Yucca Pl., Twin Palms, $619,000.
276 E Palo Verde Ave., Tahquitz River Estates, $699,000.
563 E Sierra Way, Canyon North, $795,000.

Quality of Life & Reducing your Carbon Footprint

These two stories at NPR (Atlanta Family slashes carbon footprint and Life in the Burbs.... ) focus on Atlanta and why people make the choices to live where they do. One family chooses the suburbs with a big home and yard and a long commute. The other, chooses to live in an urban setting in a smaller space and with a minimal commute.

The suburban family has a big carbon footprint. The urban family, a small one. Neither of these families, like the majority of American families, chose to live where they do based on a "carbon footprint" they wish to have. They chose it because of their perceived notion of "quality of life".

My quality of life standards mesh with the family who chose the urban setting. While I chose to move to Palm Springs (a smallish community with little traffic and really no commute) from a suburban setting in the Bay Area with a hellish commute, I accomplished, I think, the same thing, except the reduced carbon footprint. I value my quality of life here. I love that I don't have to drive far to work. Of course, as a Realtor, I work all over, but I do try to keep my business local. I love that shopping is close by, that I can walk if I like to the grocery store, the drug store, the bank, the cleaners, the pet store, to restaurants, etc. My neighborhood (Los Compadres) is suburban in design, but is within walking and biking distance of so many things.

Sadly, our carbon footprint in the desert is high. Most people, including me, drive every day, everywhere they go. Luckily, it's not for great distances or in bumper to bumper idling traffic! On top of our driving culture, we have huge energy consumption mainly from air conditioning.

However, because Palm Springs is small, our suburban design and layout isn't so bad as the bedroom communities that spread out from America's large cities, where residents are forced to drive long distances to work, and spend hours each week in their cars. This is why I think there are more and more of us living in Palm Springs from places like San Francisco, Los Angeles, Seattle......

My goal, and hopefully that of our civic leaders, is to reduce our carbon footprint to maintain and improve this quality of life that so many of us enjoy. We should build and redesign to encourage more walking and biking, we should demand more solar power production on our rooftops, both residential and commercial, we should build more densly, but in a way that honors our past and protects our majestic mountian views, we should embrace our natural and cultural landscape by building and planting with materials that "belong", that give us a sense of place.

If we do these things, and even more, we can avoid becoming an endless sprawl or a place of dense developments and shopping centers. We can continue to grow and prosper and be a place that many will consider a great place to live and work, a place with a great quality of life...and a reduced carbon footprint.