Tuesday, January 31, 2012

December 2011 Sales Analysis

The following sales analysis compares December 2011 sales data with data from the preceding month (November 2011) and the previous year (December 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
December 2011November 2011December 2010
Condos Sold512335
Price Range       $40,000 - $460,000$38,600 - 385,000$46,999 - $350,000
Average Price$159,201$161,574$182,783
Average Square Feet1,3691,4241,300
Price/Square Foot$111.24$109.78$137.56
Days on Market102109108
% Distressed Sales
(REO or Short Sale)
39%39%31%



Central Palm Springs - Between Ramon Road and Vista Chino
December 2011November 2011December 2010
Condos Sold271918
Price Range$57,000 - $515,000$58,000 - $602,500$57,000 - $575,000
Average Price$168,160$205,563$149,161
Average Square Feet1,2721,2481,177
Price/Square Foot$131.68$149.51$120.95
Days on Market1318891
% Distressed Sales
(REO or Short Sale)
33%37%67%



North Palm Springs - North of Vista Chino
December 2011November 2011December 2010
Condos Sold141312
Price Range$34,000 - $265,000$40,000 - $141,900$41,000 - $211,000
Average Price$105,679$69,046$91,917
Average Square Feet984816908
Price/Square Foot$98.98$84.91$95.96
Days on Market925773
% Distressed Sales
(REO or Short Sale)
57%38%75%




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