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Rancho Mirage -

Average Sales Price
  Single Family 2004 560 Closings $ 816,930
    2005 492 Closings $ 975,294
    2006 353 Closings $ 1,137,335
    2007 341 Closings $ 1,047,899
    2008 326 Closings $ 851,567
    2009 308 Closings $ 743,829
    % Change in 2009 price: 12.5% Decrease
   
  Condos 2004 443 Closings $ 353,158
    2005 362 Closings $ 438,570
    2006 210 Closings $ 471,825
    2007 199 Closings $ 423,607
    2008 167 Closings $ 397,575
    2009 137 Closings $ 294,380
    % Change in 2009 price: 30% Decrease
     
Average Days on Market
  Single Family 2004 71  
    2005 82  
    2006 102  
    2007 116  
    2008 101  
    2009 129  
   
  Condos 2004 43  
    2005 44  
    2006 90  
    2007 102  
    2008 115  
    2009 134  
 
Lowest Sales Price
  Single Family 2004 $ 246,000  
    2005 $ 257,000  
    2006 $ 311,000  
    2007 $ 225,000  
    2008 $ 199,000  
    2009 $ 153,500  
         
  Condos 2004 $ 90,100  
    2005 $ 180,000  
    2006 $ 176,000  
    2007 $ 146,000  
    2008 $ 107,500  
    2009 $ 83,000  
 
Highest Sales Price
  Single Family 2004 $ 3,600,000  
    2005 $ 4,975,000  
    2006 $ 6,500,000  
    2007 $ 7,675,000  
    2008 $ 5,000,000  
    2009 $ 4,500,000  
   
  Condos 2004 $ 900,000  
    2005 $ 1,060,000  
    2006 $ 1,055,000  
    2007 $ 1,050,000  
    2008 $ 1,115,000  
    2009 $ 1,125,000  
Average Sale Price - 2005
   
Single Family
Condo
 
  2 bedroom
$ 561,782
$ 339,121
 
  3 bedroom
$ 787,570
$ 523,908
 
  4 bedroom
$ 1,196,907
$ 618,914
 
  5 bedroom +
$ 2,049,879
$ 749,900
 
Average Sale Price - 2006
  2 bedroom
$ 700,167
$ 370,510
 
  3 bedroom
$ 932,135
$ 539,434
 
  4 bedroom
$ 1,244,798
$ 632,400
 
  5 bedroom +
$ 2,202,046
None
 
Average Sale Price - 2007
  2 bedroom
$ 933,833
$ 335,045
 
  3 bedroom
$ 798,189
$ 498,230
 
  4 bedroom
$ 1,246,053
None
 
  5 bedroom +
$ 2,040,850
None
 
Average Sale Price - 2008
  2 bedroom
$ 434,713
$ 336,889
 
  3 bedroom
$ 639,964
$ 438,463
 
  4 bedroom
$ 1,107,845
$ 782,500
 
  5 bedroom +
$ 1,677,288
None
 
Average Sale Price - 2009
  2 bedroom
$ 411,487
$ 235,258
 
  3 bedroom
$ 603,403
$ 329,833
 
  4 bedroom
$ 895,097
$ 444,667
 
  5 bedroom +
$ 1,646,733
None
 
 
 

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


 

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