Sun City Palm Desert Weekly Real Estate Market Update
Complete and updated information on Sun City Palm Desert homes for sale and the local housing market. Sun City is the most active community in Palm Desert with the most Listings and Sales. The inventory of homes for sale is down and the demand is up. Our usual home inventory in Sun City Palm Desert during season for years averaged about 150 homes. For the past 2 years our inventory hovered at about 60 homes. This condition makes for shorter Days on Market and competitive market. 130 Homes have already closed escrow this year.
Sun City Palm Desert Stats 2018 (updated 6/14/2018)
Inventory: 37 active MLS listings in Sun City Palm Desert - Single Family Homes & Attached Homes
New listings this week: 7
Newly in escrow this week: 3
New closed sales this week: 8
New price cuts this week: 1
Existing Active Properties High: $799,000 Low: $271,900 Median: $425,000
Average Sq. Ft.: 2,073
Average Cost Per Square Foot: $220.00
Average Days on Market: 44
Sales in Escrow: 35 (-5)
Sun City Palm Desert Sold 2018 YTD: 202
Sun City Palm Desert 2017 vs 2018 May Report:
First Quarter 2018 Market Update
Median For Sale vs Median Sold
Q1-2015 vs Q1-2018: The median price of for sale properties is up 11% and the median price of sold properties is up 7%
Sold Properties by quarter
Q1-2015 vs Q1-2018: The number of Sold properties is up 23%
The Average Days on Market by quarter
Q1-2015 vs Q1-2018: The average days on market is down 45%
Give Denise and Kim a call to see available homes and add to our property watch listso you can have the best chance of finding your dream home in this competitive market. If you are thinking of selling please give us a call or contact uson this web site. We have a shortage of homes so this could be the perfect time to sell.
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© 2018 Desert Area Association of Realtors . All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Desert Area Association of Realtors and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than HomeSmart Professionals are marked with the BR logo and detailed information about them includes the name of the listing brokers. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2018-06-20.