Sun City Stats--October

There seems to be more activity in our development since the beginning of September I have been very busy showing property, even though all of the prospects did not buy.

There are 151 active listings in SCPD, from 1045' for a Limoge to $899,000 for a Marseille on the golf course-2918 '

From Oct. 1, 2009 until November 3 , 2009 there were 5 pending sales--from $178,000 for a California Casual 1110'

There were 14 closed sales from $190,000 for a California Casual 1110' to a Portofino at $600,000 2790 '

I hope we have hit bottom. More and more sales are closer to asking price than in previous months.

Call me if you have questions------ Come see my new listing @ 37616 Pineknoll Ave.
and enter to win $100.00 @ Ruths Chris Steak House
Sat, Nov. 7 1:00-3:00 PM

Elaine Leib CRS, SRES
Windermere Real Estate Lic. # 00404720 760-285-7676

Latest Sun City Stats

There are 136 active listings at the present time, from $178,000 for a Pasadena 1110 sq. ft.( Calif. Casual) to $879,000 for a Tuscany 3399sq. ft. on the golf course.

There are 11 pending sales, from $269,000 for an Orrefors 1524 sq. ft. to $499,000 for a Monterey 2318. sq. ft.

There were 11 closed sales from 9/01/09 to 10/05/09, from $200,000 for a Pasadena 1110 sq. ft. to $585,000 for a Monterey 2318 sq. ft., on the golf course.

The average price per sq ft. is $168.06 during the above time frame
The average price per sq. ft during the same time frame in 2008 was $214.82 sq. ft.

Wow--it really shows what has happened to our market--although it remains strong, the prices have dropped sharply.

Call me if you want more information or to find out what your home is worth.

Yeah for us!!!

the latest August figures show that Windermere once again dominates the sales in the Coachella Valley:

Windermere--- $84.5 million
Coldwell Banker--$44 million
Keller Wms------ $29.5 million
Remax-----------$18 million
Tarbell-----------$13 million

Who says the summer is slow in real estate?

It is amazing. Since I have been in the desert and selling real estate in Sun City Palm Desert, the summers have been very busy until the last 2 years.

But, this year we are back to busy!!!

The latest stats for Sun City Palm Desert:

There are 126 active listings from $189,000 for a California Casual (short sale) to $879,000 for a Tuscany on the golf course.

There were 7 pending sales in the month of August, from$259,000 for an Orrefors to $$595,000 for a Monterey on the golf course.

There were 7 properties that closed escrow in August, from $162,000 for 1283 sq. ft (bank owned) to $425,000 for a Morocco on the golf course.,\.

Who says summer is slow?

Home Sales Climb

While at Mah Jongg today, someone asked me how the market was doing.

I was delighted to tell them that home sales climbed 17.4% in July.

Here, in Sun City Palm Desert our prices seem to have stabilized and sales are cooking.

Call me for more information.

A New Deli?

With all our wonderful restaurants, the east end of the valley has had only one real delicatessen. But opening this week is a New York style deli in La Quinta. It is in the site that was the Beachside Cafe at the corner of 111 and Washington, in the Von's shopping center. Let's hope it is as good as it is billed.

Summer Bargains

Here are some of our favorite restaurants that are having summer specials

The Falls--$30.00 per person

Steakhouse at the Spa Casino--$49.00 for 2 people

Pacifica--Sunset dinners--$19.75

Fleming's --$35.95

Sullivan's Steakhouse--$69.00 for 2 people

LG's Prime Steakhouse--$45.00

Chop House--Palm Desert--Two for $49.00,$59.00,$69.00, $79.00 and $89.00

Ruth's Chris--$39.95 and $49.95

Shame on the Moon--$19.95

Bon Apetite!!!!!