Sunday, September 30, 2007

Sun City Palm Desert-Sept. stats

From Sept. 1 unitl today, Sept. 30

At present there are 157 active listings from $249,000 for a Maui (1010 sq.') to a Tuscany on the golf course (3399sq.')

There have been 2 contingent sales--List price $279,000 and $399,000.
There have been 4 pending sales--3 from $349,000-$399,000(list prices)
There have been 8 homes that have closed escrow this month-- One at $275,000 for a Hummel on the greenbelt; 5 from $327,000-$390,000; One at $415,000 for a Sonora (2102 sq.') and One at $592,000 for a Victoria (2473 sq') on the golf course.
Of particular interest to me was the the sales price vs the last list price was not too much lower. One home sold at 9% less than asking, the others were 2-7% lower. So, our prices are holding up pretty well.

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