Market Updates

Feb. 17, 2020

Strong Home Sales Start Off The New Year in Palm Springs!

   

We got a strong start to the new year in the Palm Springs area with a healthy increase in the number of homes sold compared to January of last year. A total of 740 homes were sold in January, a 19.2% increase over the number sold this ...

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Jan. 15, 2020

Home Sales Rise Across Most Cities In The Palm Springs Area!

       

       

Home sales in the Palm Springs area rebounded with strong sales numbers across most cities in the valley.  Overall buyer activity remains strong and we continue to see good homes that are priced right selling quickly, often with multiple offers. We ...

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Dec. 10, 2019

Strong Buyer Activity Drives Home Price Gains in the Palm Springs Area


The Palm Springs Area real estate market continues to show strength, even over the holiday season. Overall buyer activity is strong, and buyers seem to be staying in the market throughout December.  


For buyers feeling like they are having a difficult time finding the perfect home, that feeling is ...

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Nov. 15, 2019

Palm Springs Area ... Listings Down! Sales Down! Prices Up!

For a couple of months, it seemed as though our inventory levels were returning towards normal and it looked like we might be returning to our typical market for the season. But we now see another month with inventory levels below the same time last year, with fewer home sales ...

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Oct. 11, 2019

More Homes Sold In The Palm Springs Area In September!

It’s official … our seasonal visitors are quickly returning to the desert and we are fast entering the prime selling season here in the Palm Springs area. The transport vehicles are dropping off cars from the north, the Costco is busy with visitors stocking their winter homes for the season ...

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Sept. 11, 2019

Home Sales Return to Normal & Price Gains Continue

 

With our summer selling season coming to an end, we continue to see strong buyer activity and home sales in the greater Palm Springs area as we move into the high season. Home sales, which had been below normal for this time of year most of the summer, have ...

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Aug. 13, 2019

Home Sales Are Up, Driven By An Increase In Inventory

Summer sales activity in the Palm Springs area remains strong, and reversing our trend of fewer homes sold that we've experienced over the last few months, we saw home sales rise (+0.9%) overall in July. That may be partly due to the increase in the number of homes ...

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July 15, 2019

Strong Buyer Activity Pushes Prices Upward!

Summer sales activity in the Palm Springs area is the strongest many can remember in quite some time. Buyer activity is strong, and while our lower summer inventory is resulting in fewer sales, the average selling prices for homes rose again this month, with home prices rising in all cities ...

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June 17, 2019

Homes Are Selling Faster, Prices Are Trending Up!

We continue to see strong home sales activity in the Palm Springs area, with home prices continuing their upward trend while homes are selling faster than they were at this time last year. Inventory was up over last year — just barely — for the first time in many months ...

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May 13, 2019

Our Hot Market Continues … Homes Are Selling Fast!

 

The Palm Springs area real estate market remains strong as we head into the summer selling season. While inventory is still slightly below this time last year, buyer activity is still strong and homes are selling quicker than they did this time a year ago. While fewer homes are ...

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