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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