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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
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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



September 2017 Desert Housing Report

September 2017 Desert Housing Report shows that activity slows when the Greater Palm Springs Area reaches summer seasonal highs. Fewer buyers make the trip when it’s 118 degrees outside.

Since prices decline to some degree every summer, prices are down from their spring highs but are still up compared to the low prices of last summer. That’s why Palm Springs is now 6.7% below its all-time high (last month it was only 1.3% below) but still up 7.5% compared to last September’s seasonal low.

That being said, the 3-month trailing average looks good. Even though sales have declined the last three months – as they do every year at this time – the three month average of total sales in September was still ahead of last year by 6.3%. Sales of detached units were 3.8% higher while those of attached units were 11.7% higher. The large percentage increase in attached sales over last year gives some credibility to the idea that once the selling season finally begins in earnest, the attached market might finally participate price wise in the region’s housing recovery.

On October 1st the Valley’s “months of supply” ratio was 4.0 months, the lowest ratio on October 1st since 2013. Last year the ratio on October 1st was 5.5. This is a very encouraging sign as we approach next year’s selling season. This positive indicator is confirmed by September’s median value of 71 “Days on the Market”, which is nine days less than the number
one year ago.

Download your copy of the September 2017 Desert Housing Report-Greater Palm Springs Area.
Links to other recent Desert Housing Reports follow:
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
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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



We Welcome Palm Springs Home Buyers

We welcome Palm Springs Home Buyers and are here to help! Even if you are just thinking about buying a home, second home or condo in sunny Palm Springs, it’s a great resource for buyer tips you need to consider before you make the move. FYI: No obligation, no pressure, no spam and a 1-click unsubscribe.

Sign up here for your FREE Weekly Home Buyer Tips

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We welcome Palm Springs home buyers by offering to be their resource on their own personal journey to owning a home in the desert. There’s a lot to consider and how can you know the questions you might ask if you don’t have any understanding of the process, disclosures or due diligence.

Of course we offer free buyer consultations to potential home buyers and provide a book of information relevent to California home buyers. But we recognize that not everyone is ready to sit down with a Realtor before they kick some tires, and that potentially you are even armchair shopping from far away.

Buying a home in California varies from buying homes in other states or countries. I have years of experience in working with home buyers, second home buyers and investors and during that course have discovered that buyers who own homes, or have previously owned homes know what to expect. Nothing could be further from the truth! There are even many differences in the home buying process between Northern California and Southern California!

The most advanced home search I can offer is here. Using the Option tab gives you a lot of control. You can click on multiple options and really filter homes. So, instead of just pool homes, you can select newly listed homes and pool homes…or go for 3 items and look at pool homes that are newly listed that have a 3-car garage. Go search for homes, then call me with questions or to request a viewing.

Oh, and don’t forget that buyer representation for new homes can be to your advantage. To learn more, visit Palm Springs New Homes for details. On the Palm Springs New Homes page you will also find a search banner to search new homes in Palm Springs, Palm Desert, Rancho Mirage, Indio and Coachella.

Please be sure to contact us anytime with your real estate questions. We’re here to help!

Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley
Vickie Nagy, Broker Associate
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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



August 2017 Desert Housing Report

August 2017 Desert Housing Report
People always ask “How’s the Market?” Well, it depends. Are you a renter or a home owner?

Click to download the comprehensive August 2017 Desert Housing Report

Highlights:

  • On September 1st the Valley’s “months of supply” ratio reached 3.9 months, the first time it has fallen below four months since 2013! This is the combined result of lower inventory and a higher sales rate and, as we’ve said before, is a fundamental sign of a strong housing market.
  • The median price for Palm Springs homes continues to climb. For August 2017 it was $592,000, just 1.3% off the 2006 high.
  • The median price for Cathedral City homes stands at $300,000, up $25,000 in the last 12 months, and up 115.8% since the 2011 low.

Home owners: Homes are selling now. If you are thinking about selling, it’s a good time to list your home for sale now! Click to get a free home valuation within minutes. It’s an automated valuation report using public records information and does not differentiate regarding condition, upgrades, location, view, so it’s important to consult a real estate professional to fine-tune your thoughts about home value and equity. I offer free in home no-obligation consultations.

Home buyers: Home values are increasing throughout the desert, so if you are thinking about buying that vacation home or investment property do it now. Available housing inventory is expected to begin climbing which will relieve upward pressure on pricing, so it really is a good time to buy. Creating your wants and needs list now will help you use your time effectively when touring area homes. I’m here to help!

Just want to discuss the pulse of the Palm Springs real estate market, call me at (760)333-3160 and we can chat about the new data over coffee. I’m buying!

Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley
Vickie Nagy, Broker Associate
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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



Front of 820 Snapdragon Cir820 Snapdragon Circle Pool820 Snapdragon Circle Pool

Vicks Picks | 820 Snapdragon Circle Palm Springs

Vicks Picks represent homes in an area and price band that I believe present amazing value. Vicks Picks | 820 Snapdragon Circle Palm Springs actually delivers amazing value compounded with amazing lifestyle benefits.

Click the link to see the property listing, including full description and photos for 820 Snapdragon Circle Palm Springs When you look at the larger photos within this link, photo 2 is photo 2 of 53 for a reason. The serenity and beauty outside your expansive windows will envelop your soul in peace.

Take a 3-d tour of the home and then contact me for a private showing.

Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley
Vickie Nagy, Broker Associate
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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



New Homes for Sale in Palm Springs at Vermillion in Escena

Beazer is building new homes for sale in Palm Springs at Vermillion in Escena that are energy-efficient, single story homes with a mid-century vibe. All Vermillion new home plans include a pool in the back yard. If the budget allows for the lot premium, home sites with sweeping west-facing golf course and mountain views are also available.

Plan 1 is 1,972 sq ft with 3 bedrooms, 2.5 baths or CHOICE 2 bedroom plus den, open great room & gourmet kitchen, 2-car garage.
Plan 2 is 2,060 sq ft with 3 bedrooms, 2.5 baths or CHOICE 2 bedroom plus den, huge great room, covered patio plus secondary courtyard 2-car garage.
Plan 3 is 2,315 sq ft with 3 bedrooms, 3 full baths or OPTIONAL 2 bedroom, 2 bath plus casita, spacious central courtyard, 2-car garage.
Plan 4 is 2,318 sq ft with 4 bedrooms, 4 baths or CHOICE 3 bedroom, 3.5 bath plus in-law suite, huge great room and formal dining room, covered patio plus secondary courtyard, 2-car garage
Plan 5 is 1,899 sq ft with 3 bedrooms, 2.5 baths or CHOICE 2 bedroom plus den, great room and formal dining room, covered patio, 2-car garageNew homes for sale in Palm Springs, Vermilliona Plan 1

The Escena Golf Club is ranked as the #6 Public Course in California by PGATOUR.com, this Nicklaus Design golf course is noted for its unobstructed sightlines, generous driving corridors and the overall strength of its design. The Escena Lounge and Grill was awarded 2015 OpenTable Top 100 Al Fresco Dining Restaurants in America.

See homes currently listed for sale in Escena in Vermillion in Palm Springs CA.*

These are homes listed for sale in the Multiple Listing Service and may include new homes for sale in Palm Springs at Vermillion in Escena.
* Note: Builders generally only list a representative sampling of new homes for sale in the MLS rather than all available homes.

  1. 2 beds, 3 baths
    Lot size: 6,228 sqft
  2. 3 beds, 4 baths
    Home size: 2,422 sq ft
    Lot size: 5,226 sqft
  3. 3 beds, 4 baths
    Home size: 2,184 sq ft
    Lot size: 6,969 sqft
  4. 2 beds, 3 baths
    Home size: 2,756 sq ft
    Lot size: 6,098 sqft
  5. 4 beds, 4 baths
    Home size: 2,865 sq ft
    Lot size: 9,147 sqft
  6. 3 beds, 3 baths
    Home size: 2,517 sq ft
    Lot size: 13,068 sqft
  7. 3 beds, 4 baths
    Home size: 2,422 sq ft
    Lot size: 6,098 sqft
  8. 2 beds, 3 baths
    Home size: 2,965 sq ft
    Lot size: 5,662 sqft
  9. 3 beds, 3 baths
    Home size: 2,650 sq ft
    Lot size: 8,276 sqft
  10. 3 beds, 3 baths
    Home size: 2,579 sq ft
    Lot size: 7,841 sqft
  11. 4 beds, 5 baths
    Home size: 2,972 sq ft
    Lot size: 6,969 sqft
  12. 2 beds, 3 baths
    Home size: 2,555 sq ft
    Lot size: 12,632 sqft

See all Real estate in the Escena tract.
(all data current as of 11/21/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

I’ll be happy to introduce you to the new and resale homes for sale in Palm Springs CA at Escena and elsewhere. See details about the benefits of buyer representation for new homes here and schedule your new home consultation today.

Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley

Proudly serving home buyers and home sellers in Palm Springs and throughout the Coachella Valley
Vickie Nagy, Broker Associate
Mobile 760.333.3160

Office 760.394.6002
CA BRE#01363932
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