760.567.1550
| rancho mirage real estate, palm springs real estate, palm desert real estate, coachella valley real estate trends | 5 Jul 2010 12:00 AM |
| Super-Luxury Desert Estates by Scott Palermo + Jim Sanak |
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The super-luxury segment of the Coachella Valley market - estate properties priced $2.51-$9.0 million - is selling at exactly the same pace this year as last. The good news is that the price per square foot in this market segment has increased by 11% over the same period in 2009. Similar to luxury home sales, about 89% of super-luxury properties sell in all-cash transactions.Our two favorite words in these all-cash deals? "Wire Transfer!"
Want to look at (or talk about) Palm Springs real estate? Call Scott + Jim at 760.567.1550.
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