SCPD Statistics

Active listings: 213 , from $229,000 for a "Short Sale" Hummel (1283') to $1,200,000 for a Marseilles on the golf course

Pending Sales from 2//01/08 to 1/28/08=12 ---from $279,000 for a CA Casual (1128') to $859,000 for a St. Tropez on the golf course (2640')

Closed Escrows from 2/01/08-2/28/08= 12--- from $270,000 for a Cayman (1616') to $794,000 for an expanded Monaco on the golf course(2422')

Interesting: comparing Feb. 07 with Feb. 08;
Sales in 07=20; Sales in 08 =12
Av. price per sq. ' --Average in 07 =240.47; in 08=233.87
Days on Mkt: Average in 07=115; in 08=157
Sales price vs. list price: in 07=96.02, in 08=94.60
Median Sales price in 07=$413,000; in 08=375,0

You may see stats in the Desert Sun that say the Median price is down 10%--SO WHAT?
It only means that 1/2 of the homes sold were above the median and 1/2 were below. So, if the majority of the homes were in the lower price range it would go down. If the majority were in the upper price ranges it would go up.

If you want to know what your home is worth give me a call at 760-285-7676