| rancho mirage real estate, palm springs real estate, palm desert real estate, coachella valley real estate trends | 1 Jul 2010 12:00 AM |
| The Luxury Market at Mid-Year by Scott Palermo + Jim Sanak |
The Coachella Valley - the low desert region around Palm Springs in Southern California - has a substantial luxury market comprised of homes priced between $1.5 and $2.5 million.
The Desert Area MLS reports that this segment of the market experienced a year-over-year 49% increase in sales Valley-wide, January-June. Some 87% of these luxury-segment properties sell in all-cash transactions!
To see printed reports from the Desert Area MLS, or to talk about selling or purchasing a luxury property, give us a call at 760.567.1550.
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