Monday, December 19, 2011

November 2011 Sales Analysis

The following sales analysis compares November 2011 sales data with data from the preceding month (October 2011) and the previous year (November 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
November 2011October 2011November 2010
Condos Sold232030
Price Range       $38,600 - $385,000$55,000 - $410,000$70,000 - $370,000
Average Price$161,574$162,650$191,800
Average Square Feet1,4241,3361,623
Price/Square Foot$109.78$119.14$116.68
Days on Market10987150
% Distressed Sales
(REO or Short Sale)
39%40%27%



Central Palm Springs - Between Ramon Road and Vista Chino
November 2011October 2011November 2010
Condos Sold192019
Price Range$58,000 - $602,500$20,000 - $328,000$50,500 - $350,000
Average Price$205.563$157,231$168,164
Average Square Feet1,2481,3641,196
Price/Square Foot$149.51$111.52$138.71
Days on Market8895101
% Distressed Sales
(REO or Short Sale)
37%35%37%



North Palm Springs - North of Vista Chino
November 2011October 2011November 2010
Condos Sold13107
Price Range$40,000 - $141,900$39,000 - $215,000$35,000 - $168,800
Average Price$69,046$94,750$80,361
Average Square Feet816963912
Price/Square Foot$84.91$95.84$84.81
Days on Market576175
% Distressed Sales
(REO or Short Sale)
38%40%86%




If you have any questions or comments regarding this data 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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