Summer Real Estate Trends in Sun City Palm Desert
Did the summer real estate trends match the high summer temps? As it turns out, the high temperatures didn’t stop home buyers from lathering up with sunscreen, cranking up the air conditioning and making their way into the community to search for a home. From May 1st to September 15th, 121 homes sold and the median sale price rose from the same time period last year by approximately $37,000 to $357,000. The days on market also decreased by fifteen days to 50 during this time period, but the statistic you can’t ignore is the absorption rate of 2.01, indicating the community is still very much in a sellers market. With the inventory in the community still at lows … Read More – Click Here (jelmbergteam.com)
About the Jelmberg Real Estate Team:
Over the past 8 years the Jelmberg Team completed over 1000 real estate transactions. This level of experience give them deep insight in the communities of the Desert. In particular, the knowledge of real estate trends in SCPD and SCSH is second to none. If you are looking to buy or sell residential real estate in one of these areas there is no better choice than a Jelmberg Team real estate professional. Please visit their website to find all the great resources provided by their team today!
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