Palm Springs Real Estate Annual Market Trends

Palm Springs Real Estate Annual Home Statistics
        Change from Year Before
Year Sales Median Average Sales2 Median3 Average4
1999 931 $179,000 $248,866      
2000 882 $227,000 $303,323 -5.3% 26.8% 21.9%
2001 713 $255,000 $319,558 -19.2% 12.3% 5.4%
2002 904 $278,500 $361,988 26.8% 9.2% 13.3%
2003 953 $350,000 $429,183 5.4% 25.7% 18.6%
2004 1,231 $445,000 $538,880 29.2% 27.1% 25.6%
2005 942 $540,000 $653,041 -23.5% 21.3% 21.2%
2006 664 $562,750 $681,523 -29.5% 4.2% 4.4%
2007 621 $540,000 $683,838 -6.5% -4.0% 0.3%
2008 574 $405,000 $528,974 -7.6% -25.0% -22.6%
2009 728 $316,750 $393,110 26.8% -21.8% -25.7%
2010 810 $330,000 $426,470 11.3% 4.2% 8.5%
2011 915 $339,000 $415,369 13.0% 2.7% -2.6%

Palm Springs Real Estate Annual Condo Statistics
        Change from Year Before
Year Sales Median Average Sales2 Median3 Average4
1999 1,250 $85,000 $94,769      
2000 1,197 $105,000 $115,471 -4.2% 23.5% 21.8%
2001 946 $120,000 $128,372 -21.0% 14.3% 11.2%
2002 1,247 $135,000 $143,464 31.8% 12.5% 11.8%
2003 1,397 $159,000 $172,791 12.0% 17.8% 20.4%
2004 1,476 $210,000 $221,554 5.7% 32.1% 28.2%
2005 1,266 $276,750 $291,707 -14.2% 31.8% 31.7%
2006 900 $299,750 $338,644 -28.9% 8.3% 16.1%
2007 741 $282,000 $307,102 -17.7% -5.9% -9.3%
2008 614 $228,000 $243,353 -17.1% -19.1% -20.8%
2009 625 $170,000 $187,481 1.8% -25.4% -23.0%
2010 747 $148,050 $168,961 19.5% -12.9% -9.9%
2011 882 $138,000 $160,719 18.1% -6.8% -4.9%

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