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Summer 2017 Sun City Palm Desert Real Estate in Review

If you enjoy getting up and out of the house before 7am, you have likely been greeted by the cool, fresh, fall desert air.  Hello old friend.  The roads and supermarkets are a little busier and the fall decorations adorn the isles at department stores.  Summer has finally released it’s grip on the valley.  From June 1st to September 1st we had 11 days under 100 degrees, and 25 days over 110 degrees.  The consistently high temps that accompany summers in the desert may have worn on those who live in the valley full time, but it didn’t stop buyers from braving the heat and purchasing property in the community.

There were 85 homes in Sun City Palm Desert that sold from June to August, with an average sales price of $338,550 and average DOM (Days on Market) of 83.  To put this in perspective we included the quarterly sales data in the table below from 2016 and the first two quarters of 2017.

(See Figure 1.1 – Home Sales Averages SCPD)

As you can see, the summer is still a very active time in Sun City Palm Desert for real estate.  This time is also very busy for our team in the community, as we closed 42 sides this summer and 28 sides in the summer of 2016.  We attribute this to our full time team approach.  While a large portion of the community is taking a break during the summer months, our full time team is still hard at work servicing our listings and working with the multitude of buyers that want to secure their home to start enjoying it in the fall.

The strong summer activity also points to what we believe will be an exciting season real estate wise in Sun City Palm Desert.  Whether buying or selling, we look forward to helping home owners realize their dreams.  If you would like a quick and hassle free home evaluation, I encourage you to check out our website and get a free property report at
jelmbergteam.com/home-valuation/.  Before listing, we always recommend having a Realtor® provide a CMA (Comparative Market Analysis) to give you a more concrete sale price.  If you are ready to list, give us a call, we would love to help you!

760.FOR.SALE

SCPD STATS SUMMER 2017

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Real Estate Agents

At Jelmberg Real Estate our team of highly trained real estate agents work to create outstanding results for our clients from all over the world and the Coachella Valley. As local real estate experts our knowledge of housing market, communities and the cities that comprise the Coachella Valley are second to none. Whether you are selling your home or buying a home in the Palm Springs area our team is dedicated to making your next real estate transaction an outstanding experience. Come visit us and make your real estate dreams a reality today!

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