Inventory of bank owned homes listed at $1 million and higher in the Palm Springs area real estate market continues to tighten up. As of today there are only five properties owned by banks that are listed in this luxury price segment.
- 75583 Via Cortona, Indian Wells at Toscana Country Club / $1,799,900
- 75256 Desert Park Drive, Indian Wells $1,195,000
- 40700 Paxton Drive, Rancho Mirage at Thunderbird Terrace
- 73956 Desert Garden Trial, Palm Desert at The Reserve
- 533 Mesquite, Palm Desert at Bighorn Golf Club
During the last six months just six bank owned million dollar homes sold in the desert.