As the first decade of this century has ended, I have compiled data for single family home sales in Palm Springs.  The results are interesting.  The following chart shows the rise and fall of Palm Springs single family home prices.  A lot of conclusions can be drawn from this information.  For instance, the median sales price of a home is 2009 is approximately the same as the median price in 2002/2003.  The median price of a home in 2009 was approximately 22.5% greater than the median price of a single family Palm Springs home in 2000.

For more detailed information I have posted the Average, Median, and Number of single family homes sold in Palm Springs by the month for the entire decade.   For instance, if you purchased your home in January of 2005, the median for that month would have been $565,000.  In December of 2009, the median price was $319,915.

 This information is a valuable tool whether you are a buyer or seller.  If you are thinking about buying or selling in Palm Springs please give me a call 760.831.5996.  I know the market currently and historically and would like to put my knowledge to work for you.

Tags: Gary Carlson, Palm Springs Market Watch, Palm Springs Real Estate, Prudential, The Moore Carlson Group

This entry was posted on Monday, February 22nd, 2010 at 3:27 pm and is filed under Gary's Real Estate Blog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.