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Palm Springs Mid-Century

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Palm Desert -

Average Sales Price
  Single Family 2004 956 Closings $ 540,812
    2005 808 Closings $ 725,581
    2006 539 Closings $ 812,635
    2007 410 Closings $ 713,970
    2008 444 Closings $ 700,696
    2009 542 Closings $ 432,500
    % Change in 2009 price: 38.3% Decrease
   
  Condos 2004 1168 Closings $ 322,457
    2005 882 Closings $ 400,465
    2006 567 Closings $ 414,675
    2007 494 Closings $ 397,631
    2008 460 Closings $ 351,799
    2009 416 Closings $ 250,145
    % Change in 2009 price: 28.9% Decrease
     
Average Days on Market
  Single Family 2004 46  
    2005 64  
    2006 97  
    2007 105  
    2008 101  
    2009 95  
   
  Condos 2004 33  
    2005 48  
    2006 85  
    2007 104  
    2009 119  
 
Lowest Sales Price
  Single Family 2004 $ 135,000  
    2005 $ 192,000  
    2006 $ 130,500  
    2007 $ 150,000  
    2008 $ 72,000  
    2009 $ 60,100  
         
  Condos 2004 $ 30,500  
    2005 $ 70,000  
    2006 $ 55,000  
    2007 $ 129,900  
    2008 $ 67,500  
    2009 $ 27,900  
 
Highest Sales Price
  Single Family 2004 $ 11,250,000  
    2005 $ 5,600,000  
    2006 $ 9,800,000  
    2007 $ 6,000,000  
    2008 $ 10,600,000  
    2009 $ 11,000,000  
   
  Condos 2004 $ 965,000  
    2005 $ 1,195,000  
    2006 $ 1,500,000  
    2007 $ 950,000  
    2008 $ 1,235,000  
    2009 $ 1,025,000  
Average Sale Price - 2005
   
Single Family
Condo
 
  2 bedroom
$ 402,945
$ 344,662
 
  3 bedroom
$ 646,952
$ 501,408
 
  4 bedroom
$ 975,917
None
 
  5 bedroom +
$ 1,427,621
None
 
Average Sale Price - 2006
  2 bedroom
$ 392,221
$ 368,531
 
  3 bedroom
$ 698,510
$ 496,735
 
  4 bedroom
$ 1,112,566
$ 628,333
 
  5 bedroom +
$ 2,201,625
None
 
Average Sale Price - 2007
  2 bedroom
$ 354,418
$ 341,894
 
  3 bedroom
$ 612,551
$ 483,079
 
  4 bedroom
$ 1,040,579
$ 627,500
 
  5 bedroom +
$ 1,139,500
None
 
Average Sale Price - 2008
  2 bedroom
$ 288,424
$ 292,442
 
  3 bedroom
$ 531,710
$ 444,131
 
  4 bedroom
$ 1,140,548
None
 
  5 bedroom +
$ 1,530,438
None
 
Average Sale Price - 2009
  2 bedroom
$ 200,212
$ 204,944
 
  3 bedroom
$ 345,983
$ 348,483
 
  4 bedroom    $ 542,666         None  
  5 bedroom +
$ 1,448,760
None
 
 

All information deemed to be reliable, although not warranted or guaranteed. Source MLS.


 

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