Desert property sales continued to grow in the first quarter of 2010 versus the same period of ’09.

         January - March 2010 Coachella Valley Sales Comparison

  • $250,000 to $500,000: Up 36% (663 sales in ’10 versus 423 in ’09)
  • $500,00 to $750,000: Up 34% (168 sales in ’10 versus 112 in ’09
  • $750,000 to $999,999: Up 20% (51 sales in ’10 versus 44 in ’09)
  • Over $1 million: Up 49% (87 sales in ’10 versus 52 in ’09)

Nationwide, sales of homes at $500,000 and less are reportedly still in flux, so seeing a 36% local increase this quarter shows that buyers here truly want to find their place in the sun! More details will follow in my monthly e-newsletter.