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. More than 250 Homes have already closed escrow this year.
|Sun City Palm Desert Homes|
|Active Listings: 58|
|New listings this week: 6|
|High: $749,000 Low: $225,000 Median: $449,250|
|Average Sq Ft: 2,025|
|Average cost per Sq Ft: $226|
|Average days on market: 46|
|New in escrow this week: 7|
|Total currently in escrow: 30|
|Closed sales this week: 5|
|Closed Sales YTD (2018): 277|
Sun City Palm Desert Second Quarter Report:
Our Sun City market continues to be very competitive. In reviewing all homes sold this year Average Cost per Square Foot is $203.77, Average Days on Market 77, Average Sold Price v.s List Price $97.65. The highest sold price for a home this year was $915,000, Lowest Home price $185,000, Median Price $363,000.
Median For Sale vs Median Sold
Give Denise and Kim a call to see available homes and add to our property watch list so 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 2018-09-24.