Palm Springs CA Real Estate Market Update for the week ending June 7th 2007
By Harold Watts, Palm Springs Real Estate Blog
(Teles Properties)
The official start of summer is not until June 21st, but it has already started here in Palm Springs. All of the snowbirds have packed up & returned home, the roads are easier to navigate, and the heat of the Desert has arrived. Even though the mercury is rising, it has not stopped people from buying their dream home in Palm Springs. Here are the real estate figures for the week ending June 7th, 2007.New Listings: 5729 homes & 28 condosLowest Price: $99,000Highest Price: $ 2,795,000 (S. Palm Springs)Median Price: $395,000Avg. Price per Sq. Ft.: $298In Escrow: 2714 homes & 13 condosLowest Price: $139,000Highest Price: $1,169,000 (Canyon Country Club)Days on Market: 114Sold: 2712 homes & 15 condosLowest Price: $139,900Highest Price: $1,825,000 (Old Las Palmas)If you would like to ...
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