In the Palm Springs/Lower Desert area, home sales increased 71.6% in March. Overall California home sales increased 63.8% percent in March compared with the same period a year ago as buyers continue to take advantage of highly discounted prices.
“The March sales figure of 522,980 homes indicates that the market continues to be very active,” said California Association of Realtors® President James Liptak. “All of the regions in the state experienced increases in month-to-month sales, with the smallest gain in the Sacramento region at 9.7% and the largest gain in the Riverside/San Bernardino county region at 32.2%.”
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In Real Estate Market Updates