The following table shows the change in percentages for the different market segments since 1999 for Palm Desert. The market segments are: under $250,000; from $250,000 - $500,00; $500,000 - $1,000,000 and over $1,000,000.
| Palm Desert Home & Condo Sales | |||||||||
| <$250 | % | $250-$500 | % | $500-$1MM | % | >$1MM | % | Total | |
| 1999 | 1,753 | 78.1% | 396 | 17.6% | 67 | 3.0% | 28 | 1.2% | 2,244 |
| 2000 | 1,474 | 65.3% | 619 | 27.4% | 119 | 5.3% | 45 | 2.0% | 2,257 |
| 2001 | 886 | 55.9% | 556 | 35.1% | 109 | 6.9% | 33 | 2.1% | 1,584 |
| 2002 | 1,181 | 53.5% | 860 | 38.9% | 148 | 6.7% | 19 | 0.9% | 2,208 |
| 2003 | 1,051 | 44.5% | 1,087 | 46.0% | 189 | 8.0% | 35 | 1.5% | 2,362 |
| 2004 | 483 | 17.9% | 1,653 | 61.3% | 500 | 18.6% | 59 | 2.2% | 2,695 |
The under $250,000 market is shrinking for two reasons: no new construction in that price range and appreciation. The over $500,000 is showing the highest growth.
For precise information on Palm Desert real estate: what is currently available, which country clubs offer what amenities—and at what cost, and which clubs match your lifestyle, call Greg Bauer at (760) 836-1874, send him an e-mail, or fill out one of our forms: buying - selling.
The Desert Real Estate Report is updated monthly. For a free subscription, press the subscribe button.
For information on a specific neighborhood or country club, give Greg Bauer a call at (800) 975-7720, or you can send an e-mail by clicking here.
Copyright © 1997-2006 by Information Designs