October 2017 Desert Housing Report
October 2017 Desert Housing Report shows strong performance year over year for Greater Palm Springs Area Real Estate. The November 1st inventory of 3,625 units was 725 units less than last year.
The combination of higher sales over the last 12 months and a lower inventory makes the important “months of supply” ratio on November 1st 4.4 months. This is the lowest ratio on that date since 2012 and is the number one indicator pointing to the strength of our local real estate market.
Download your copy of the October 2017 Desert Housing Report-Greater Palm Springs Area.
Links to other recent Desert Housing Reports follow:
September 2017 Desert Housing Report
August 2017 Desert Housing Report
July 2017 Desert Housing Report
Please contact me anytime to discuss your real estate questions. I’m here to help! If you are thinking about making a move, it’s a good time to do it. Sellers may be ecstatic that the beginning of the season is bringing more buyers to the valley, but buyers have an advantage too. Buyers taking action now will benefit from future increasing home values.Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley
Vickie Nagy, Broker Associate
Alta Realty Group | 777 E Tahquitz Canyon Way, Suite 200-47 | Palm Springs, CA 92262
CRS - Certified Residential Specialist | GRI - Graduate Realtor Institute | ABR - Home Buyer Representation Specialist | SRS - Seller Representative Specialist | CNHS - Certified New Home Specialist