It's still a strong seller's market in the Palm Springs area! The number of homes for sale has crossed the 900 mark only once all year, and inventory is still near record lows. Has the low inventory caused home prices to continue to rise in the area ...

New listings in the Palm Springs area are up for the 4th week in a row, as are the number of homes available for sale. This is the first increase in new listings in over two months. Closed transactions were also up again while the average selling price seems ...

New listings in the Palm Springs area were down +2.9% last week. New listings are still well below normal, as is inventory, which has remained fairly constant over the last few weeks.

New escrows have remained just below 200 for each of the last three weeks and we ...

New listings in the Palm Springs area were up +11.7% last week, the biggest jump we’ve seen in new listings in several weeks. At the same time, inventory remained essentially flat as did the number of new escrows. 

Average selling prices rose +6% to  $617,444 ...

This week we see a dramatic drop in new listings, down -19.6%, new escrows, down -13.4%, and closed transactions, down 39.8%. While the number of homes available for sale remained stable, that was primarily due to less buyer activity, as noted in the decline in new ...

We see a significant increase in new listings, new escrows, and closed transactions this week in the Palm Springs area. Will that be a trend that continues as we move into the fall selling season?

It's too soon to say, but we'll be monitoring the trends each ...

The Palm Springs real estate market has settled into a consistent pattern over the last few weeks. Slightly more homes are available for sale even as new listings are trending slightly downward. How can that be? 

Much of that can be attributed to slowing buyer activity. Buyer activity ...

Inventory continues to increase ever so slightly in the Palm Springs area! With many buyers sitting on the sidelines, there is less competition for homes than there was during the 1st half of the year.

Yet the best homes, if they're priced right, are still selling quickly. Scroll ...

We continue to see a slow, gradual increase in the number of homes available for sale in the Palm Springs area. But this increase is not due to more homes coming to market, but a decline in buyer activity.

With the recent rapid rise in selling prices, many buyers ...

We may be seeing a slight shift in the strong seller's market in the Palm Springs area. Inventory is increasing slightly, primarily a result of a decline in buyer activity.

Is that impacting the average selling price? Watch the latest video to find out, then scroll down to get ...