Palm Desert, California reports the following real estate market conditions for the last month of 2011. Local Realtors and loan officers are looking forward to what we consider to be our high season starting in January. Our snow birds are returning to take advantage of our great weather. Many times these folks are so impressed by our climate and beauty they opt to purchase their own piece of paradise. 

2011 December Single Family Attached and Detached Real Estate Market Conditions

Number of homes for sale:  556
Number of homes sold: 71
Average days on market for sold homes:  130
Median price of homes for sale: $449,000
Median price of homes sold: $305,000

2011 December Condo Attached and Detached Real Estate Market Conditions

Number of homes for sale: 530
Number of homes sold: 59
Average days on market for sold homes: 192
Median price of homes currently for sale: $275,000
Median price of homes sold: $214,500