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 to have stabilized a bit for the time being.
Will more sellers decide to take advantage of our strong seller's market as our snowbirds return to the desert? It's too soon to tell, but we'll have a better answer to that question over the next four weeks.