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Palm Springs -

Average Sales Price
  Single Family 2004 1186 Closings $ 547,186
    2005 929 Closings $ 655,110
    2006 647 Closings $ 683,544
    2007 613 Closings $ 686,996
    2008 571 Closings $ 528,814
    2009 722 Closings $ 393,183
    % Change in 2009 price: 25.6% Decrease
   
  Condos 2004 1414 Closings $ 218,593
    2005 1222 Closings $ 287,868
    2006 838 Closings $ 328,450
    2007 692 Closings $ 295,746
    2008 585 Closings $ 237,886
    2009 607 Closings $ 180,962
    % Change in 2009 price: 23.9% Decrease
     
Average Days on Market
  Single Family 2004 57  
    2005 77  
    2006 103  
    2007 110  
    2008 110  
    2009 99  
   
  Condos 2004 34  
    2005 57  
    2006 87  
    2007 113  
    2008 115  
    2009 119  
 
Lowest Sales Price
  Single Family 2004 $ 49,600  
    2005 $ 127,000  
    2006 $ 130,000  
    2007 $ 100,750  
    2008 $ 38,000  
    2009 $ 19,500  
         
  Condos 2004 $ 51,250  
    2005 $ 83,500  
    2006 $ 106,000  
    2007 $ 61,000  
    2008 $ 68,000  
    2009 $ 35,000  
 
Highest Sales Price
  Single Family 2004 $ 3,400,000  
    2005 $ 3,600,000  
    2006 $ 3,950,000  
    2007 $ 4,800,000  
    2008 $ 2,850,000  
    2009 $ 2,475,000  
   
  Condos 2004 $ 582,500  
    2005 $ 799,000  
    2006 $ 1,224,000  
    2007 $ 978,006  
    2008 $ 745,000  
    2009 $ 575,000  
Average Sale Price - 2005
   
Single Family
Condo
 
  2 bedroom
$ 485,974
$ 267,217
 
  3 bedroom
$ 585,689
$ 371,261
 
  4 bedroom
$ 815,467
$ 295,500
 
  5 bedroom +
$ 1,456,531
None
 
Average Sale Price - 2006
  2 bedroom
$ 483,720
$ 297,861
 
  3 bedroom
$ 621,918
$ 440,851
 
  4 bedroom
$ 888,810
$ 479,000
 
  5 bedroom +
$ 1,398,708
None
 
Average Sale Price - 2007
  2 bedroom
$ 491,928
$ 277,287
 
  3 bedroom
$ 592,942
$ 371,592
 
  4 bedroom
$ 893,110
$ 225,000
 
  5 bedroom +
$ 1,865,881
None
 
Average Sale Price - 2008
  2 bedroom
$ 347,846
$ 225,767
 
  3 bedroom
$ 474,782
$ 280,302
 
  4 bedroom
$ 666,253
None
 
  5 bedroom +
$ 1,466,429
None
 
Average Sale Price - 2009
  2 bedroom
$ 291,034
$ 166,310
 
  3 bedroom
$ 336,511
$ 255,246
 
  4 bedroom
$ 536,332
None
 
  5 bedroom +
 $ 729,988
None
 
 
 

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


 

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