Palm Desert’s housing market is just barely stable, and it’s as cold as a blizzard. Markets this cold only work for buyers. There are hardly any of them, and when they come in, everyone has to rush to find them.
This is why more than 12% of listings will see a price cut, and even after these cuts, there’s no guarantee that these properties will sell.
Value averages are already on the lower side for this area of Southern California, sitting around $315,000. Combine that with price cuts, low ball offers, and real estate commissions, and the homes that do sell wind up selling at rock bottom prices.
Buyers are rare, and there’s no reason to get excited when they roll into town. You deserve an alternative that will guarantee the sale of your home, and we may be able to provide one for you.