Market Updates

Oct. 25, 2020

The Monday Minute - October 26, 2020

We continue to see signs of stabilization in the Palm Springs area real estate market. The number of new listings is fairly consistent each week, although inventory remains near record lows. Buyer activity remains consistent, and the rapid price gains we saw over the last few months has softened a ...

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Oct. 19, 2020

The Monday Minute October 19, 2020

The Palm Springs area real estate market remains strong but is showing signs of stabilization after a quick spike in sales and rising home selling prices. Watch the video for our latest update. 

 

 

Check out the charts below for more details on the current state of our ...

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Oct. 14, 2020

Homes Are Selling For More, And In Record Time!

As the weather cools down in the desert the real estate market continues to heat up!

 

While COVID-19 has had profound effects on the country in many ways, it has been a boon for the desert’s real estate market. In fact, home sales have increased dramatically — having ...

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Oct. 12, 2020

The Monday Minute - October 12, 2020

After a rapid increase in buyer activity and average selling prices, it appears that we're seeing a bit of stabilization in the market. While inventory remains tight, buyer activity and selling prices seem to be leveling off.

Check out the charts below, and if you'd like an instant ...

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Oct. 5, 2020

The Monday Minute - October 5, 2020

Home prices rose again last week in the Palm Springs area. New listings were up (+9.1%) last week offering more opportunities for our buyers. We continue to see a robust market with good homes priced right often seeing multiple offers. 

 

 

If you want a free home ...

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Sept. 27, 2020

The Monday Minute - September 28, 2020

Home sales remain strong in the Palm Springs area in spite of our record low inventory. Sales prices have been rising, but might be flattening out after 3 months of steady increases. 

 

 

Watch the video for the latest update, then check out the charts below. 

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Sept. 21, 2020

The Monday Minute - Sep 21, 2020

 

After a "down week” for the market, our numbers this week are trending back up. New listings … up past 500 for the second time in 4 weeks. New escrows ... Up again. Closed transactions ... Up. But what about selling prices … could they be stabilizing?  Find out by watching ...

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Sept. 15, 2020

A Remarkable Upswing in the Palm Springs Real Estate Market

 

As we enter the 4th quarter of 2020, we are seeing a remarkable upswing in the local real estate market!

 

Even though there has been an economic slowdown over the past five months due to COVID-19, home sales have increased dramatically — surpassing the number of homes ...

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Sept. 14, 2020

The Monday Minute - September 14, 2020

This week was a "down" week for the market. New listings ... Down. New escrows ... Down. Closed transactions ... Down. Is this indicative of a change in the market? What about selling prices, they down?  Find out by watching our latest video right here on The Monday Minute.

Call (760) 625-7229 to ...

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Sept. 7, 2020

The Monday Minute - September 7, 2020

Did more homes come on the market this week? Are new escrows up? What about selling prices? Are they continuing to rise? Find out by watching our latest video right here on The Monday Minute.

 

 

Call (760) 625-7229 to get your free home price valuation, or get your ...

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