Sun City Palm Desert Market Update

Right in the middle of the summer and the question is; DOES IT MAKE SENSE TO PUT YOUR PROPERTY ON THE MARKET DURING THE SUMMER?

The numbers,  in the table, below, show the results from Janurary 1st 2015 to April 15th 2015 compared to the numbers for sale April 16th 2015 to July 30th 2015
The green numbers show an improvement while the red ones show a decrease in the market.  The only “green“ number applies to the homes between 1500 and 1800 square feet, which has the largest number of the properties sold in Sun City Palm Desert.
Fewer potential buyers leads to fewer showings, more days on the market and lower offers.
Table statistics Sun City-1

 

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