In preparation for my open house today, I researched the latest figures on price movement and days on the market for condominiums in South Palm Desert. The stats are displayed in this post and read like this. Over the past 90 days, the median price of a condo in South Palm Desert has moved from $299,000 to $285,000. During the same time period, the average days on the market increased from 150 days to 175 days. Thanks to my friends at Altos Research for supplying the statistics. This all goes to say that this continues to be a buyers market and that there is selection out there for you to purchase.
I am going to be at 72-760 Mesquite Court #B from Noon to 3:00 PM. This is a pride-of-ownership 2-bedroom condo with south facing living spaces and an attached 2-car garage. It is listed at $235,000. Located off of Shadow Mountain Drive west of Highway 74 just above the famous El Paseo shopping district. Stop by if you have a chance. It's well worth seeing.
For information regarding the condo and single family residence market in Palm Desert, please email me at mcgeary@earthlink.net or visit my website http://www.danmcgeary.com/. Or just come to the open house today.
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