Wednesday, November 30, 2011

October 2011 Sales Analysis

The following sales analysis compares October 2011 sales data with data from the preceding month (September 2011) and the previous year (October 2010). Data is analyzed by region in the city: South Palm Springs, Central Palm Springs, and North Palm Springs.

South Palm Springs - South of Ramon Road
October 2011September 2011October 2010
Condos Sold203329
Price Range       $55,000 - $410,000$47,000 - $389,000$59,000 - $435,000
Average Price$162,650$185,088$186,471
Average Square Feet1,3361,4151,494
Price/Square Foot$119.14$127.90$128.47
Days on Market87102111
% Distressed Sales
(REO or Short Sale)
40%45%28%



Central Palm Springs - Between Ramon Road and Vista Chino
October 2011September 2011October 2010
Condos Sold201315
Price Range$20,000 - $328,000$51,000 - $349,000$29,500 - $400,000
Average Price$157,231$184,808$155,745
Average Square Feet1,3641,2831,277
Price/Square Foot$111.52$137.83$127.83
Days on Market9593142
% Distressed Sales
(REO or Short Sale)
35%38%73%



North Palm Springs - North of Vista Chino
October 2011September 2011October 2010
Condos Sold101215
Price Range$39,000 - $215,000$27,500 - $185,000$37,500 - $197,500
Average Price$94,750$80,725$118,079
Average Square Feet963873987
Price/Square Foot$95.84$88.18$112.33
Days on Market619662
% Distressed Sales
(REO or Short Sale)
40%67%73%




If you have any questions or comments regarding this data and/or the analysis please feel free to contact me...I'd love to hear from you!

Alan Wilke
Condos@PalmSpringsCondoLiving.Com
760-464-6693

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