Palm Springs Homes Sales compared to California in October, 2009

Gary Carlson

The California  median home price-the point at which half the house sold for more and half sold for less-was $257,000 in October up 2.4 percent from $251,000 in September 2009.  The median price was down 7.6 percent from $278,000 in October, 2008.

 

In Palm Springs the median home price in October was $284,904 unchanged from the  September median price of $285,587. The median price was down 8.5% from $336,020 in October, 2008.

 

In Palm Springs for October there was a total of 115 condos and single family homes reported sold by the Greater Palm Springs Multiple Listing Service down from 119 homes and condos sold in September, 2009 for a decrease of 3.25%. Comparing  October, 2008 to October 2009 there was an increase in sales of 9 percent from 107 units to 119.

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