Palm Desert Jan, 2010-April, 2010

Palm Desert Market Trends
|
Palm Desert Jan – April, 2010
|
|
Jan-10
|
Feb-10
|
Mar-10
|
Apr-10
|
Total Sold
|
111
|
106
|
141
|
171
|
Average Selling Price
|
393,046
|
396,668
|
334,955
|
374,395
|
Median Price
|
280,000
|
272,500
|
280,000
|
305,001
|
Dollar Amt Sold
|
43,628,161
|
42,046,781
|
47,228,676
|
64,021,599
|
Avg Price/s.f.
|
176
|
172
|
169
|
181
|
Total Bank Owned
|
32
|
29
|
29
|
34
|
Total Short Sales
|
11
|
8
|
10
|
16
|
|
Condos
|
|
Total Sold
|
56
|
Average Selling Price
|
268,251
|
Median Price
|
252,600
|
Dollar Amt Sold
|
15,022,050
|
Avg Price/s.f.
|
173
|
|
|
Single Family Residence
|
|
Total Sold
|
55
|
Average Selling Price
|
520,111
|
Median Price
|
335,000
|
Dollar Amt Sold
|
28,606,111
|
Avg Price/s.f.
|
180
|
|
|
South Palm Desert
|
|
Total Sold
|
27
|
Average Selling Price
|
518,500
|
Median Price
|
268,500
|
Dollar Amt Sold
|
13,999,500
|
Avg Price/s.f.
|
187
|
High Price
|
7,400,000
|
Low Price
|
36,500
|
|
|
North Palm Desert
|
|
Total Sold
|
22
|
Average Selling Price
|
258,782
|
Median Price
|
268,500
|
Dollar Amt Sold
|
5,693,211
|
Avg Price/s.f.
|
139
|
High Price
|
500,000
|
Low Price
|
83,600
|
|
|
East Palm Desert
|
|
Total Sold
|
45
|
Average Selling Price
|
361,799
|
Median Price
|
315,000
|
Dollar Amt Sold
|
16,280,950
|
Avg Price/s.f.
|
108
|
High Price
|
1,365,000
|
Low Price
|
48,000
|
|
|
Sun City
|
|
Total Sold
|
17
|
Average Selling Price
|
450,265
|
Median Price
|
425,000
|
Dollar Amt Sold
|
7,654,500
|
Avg Price/s.f.
|
206
|
High Price
|
800,000
|
Low Price
|
180,000
|
Summary of January
Based on data supplied by the Desert Area Multiple Listing Service and its member Associations of Realtors, who are not responsible for its accuracy