
Here is our Desert Area Market Update, by city for October 2011, for the period ending September 30, 2011, for the five major resort cities that Scott + Jim Homes specialize in. Data compiled from Desert Area MLS.
PALM DESERT
Total Homes Sold Year to Date: 129
Up 19.7% from 2010
Average Median Price: $242,500
Up 3.75% from same period 2010
Highest Sold: $2.127M
Average Median $ per Sq Ft: $133/Sq Ft
Down 9.8% from a year ago
PALM SPRINGS
Total Homes Sold: 132
Up 35% from same period 2010
Average Median Price: $176,000
Down 13% from same period 2010
Highest Sold: $1.535M
Average Median $ per Sq Ft: $131/ Sq Ft
Down 5.6% from same period 2010
LA QUINTA
Total Homes Sold: 133
Up 34% from same period 2010
Average Median Price: $233,750
Down 15% from same period 2010
Highest Sold: $2.45M
Average Median $ per Sq Ft: $132
Down 3.7% from same period 2010
INDIAN WELLS
Total Homes Sold: 12
Up 9.1% from same period 2010
Average Median Price: $485,500
Up 16.5% from same period 2010
Highest Sold: $1.2M
Average Median $ per Sq Ft: $171
Down 12.4% from same period 2010
RANCHO MIRAGE
Total Home Sold: 60
Up 3.4% from same period 2010
Average Median Price: $356,250
Down 4.9% from same period 2010
Highest Sold: $2.850M
Average Median $ per Sq Ft: $147
Down 14.7% from same period 2010
If you're considering buying a desert home, NOW is the time to move forward with your plans to buy the perfect desert hacienda. We would be happy to talk with you and learn more about your plans. Call Scott+Jim today!





