Palm Desert Real Estate Market Conditions & Reports, Palm Desert Market Trends, California

Market Commentary Provided by Anne M. Alexander
Statistically where my market is, the real estate market will better itself due to the fact we are a resort area and come back into season in October.

Report Date

Spring 2010

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CONNECT WITH A LOCAL PROFESSIONAL

Anne M. Alexander
Keller Williams Realty
Rancho Mirage, California
760-578-3866
Anne@AnneMAlexander.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

More than 120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$375,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Palm Desert is

Seller Activity for the past 90 days in Palm Desert is

Is Financing Available For Qualified Buyers in Palm Desert?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Golf Courses, Gated communities. South Palm Desert

Reason to Buy/Sell

Other

Average Sold Price

$375,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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