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Palm Springs housing market had a sharp drop in prices last month and an increase in sales activity ⋆ The Palm Springs Post
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Palm Springs housing market had a sharp drop in prices last month and an increase in sales activity ⋆ The Palm Springs Post
According to the latest Greater Palm Springs Realtors (GPSR) Desert Housing Report, the median price for an average-sized detached home in Palm Springs fell almost 15% to $1.13 million compared to the year before while attached home prices fell 1% to $449,000. Median prices usually hit their seasonal high in spring and lows sometime in the fall. The city’s inventory of housing units shrank compared to last year, with 782 homes on the market at t…
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