Palm Springs Real Estate market update - April 2018
April was a busy month in Palm Springs and for The Paul Kaplan Group. Our company closed escrow on approximately 50 homes. The following is a 30-day Analysis of the Palm Springs Real Estate Market, with numbers provided by our local Board of Realtors, PSRAR.
Palm Springs has been the Coachella Valley's price leader for some time. The median price is for single family homes is 9.3% above the all-time high made in 2006. It is the only city in the Coachella Valley to surpass its 2006 high, for single family homes. For detached homes, prices have recovered the best from the 2006, in Palm Springs, as compared to other cities in the valley.
Sales slowed over the past three months…