Palm Desert Real Estate
Call me and I will answer your call: (760) 774-6063.
Email: Nancy Javitch
Palm Desert real estate for under $300,000 --- Click here to see Palm Desert real estate.
Palm Desert real estate for under $500,000 --- Click here to see Palm Desert real estate.
Palm Desert real estate for under $600,000 --- Click here to see Palm Deseert real estate.
Palm Desert real estate for under $800,000 --- Click here to see Palm Desert real estate.
Palm Desert real estate for under $1,000,000 --- Click here to see Palm Desert real estate.
Palm Desert real estate for under $1,200,000 --- Click here to see Palm Deseert real estate.
Palm Desert News
In spite of the news, Palm Desert Real Estate continues to set trends in the Valley. It appears that the 4th quarter of 2006 was our low point so far with the last 2 quarters showing an upward trend. In the last quarter of 2006, 1699 homes were sold with an average sale price of $484,000 Valley wide. The first quarter of 2007, we saw an increase with 1821 homes sold with an average price of $584,000. And the 2nd quarter of 2007, we saw a greater rise in sales with a total of 2101 homes sold, even though the average home price dropped slightly to $521,000. That sure makes me feel that buyer confidence is on the rise.
There still seems to be quite a disparity in amount of sales based on the price of homes Valley wide. The largest amount of homes sold were under $500,000, with a total of 5180 homes sold from July 1, 2006 to June 30, 2007. In the $500,000-749,999 range, there were 1205 homes sold, from $750,000-999,999 there were 518 sold and over $1,000,000 there were 594 homes sold. Palm Springs and Cathedral City led the way in the most homes under $500,000 sold, but Palm Desert did sell 439 entry level homes in that same time period, right behind La Quinta. In what is considered the move up level of home, $500,000-749,999, Palm Desert was in 3rd place for total sold, 181 homes in that category. In the upscale market range of $750,000-999,999, Palm Desert sold 102. And, Palm Desert sold 58 homes in the luxury market over $1,000,000.
Palm Desert has so much to offer its residents from some of the best schools like Washington Charter and Carter Elementary, shopping on El Paseo (the Rodeo Drive of the Desert) to the Living Desert and some of the best golf imaginable. Come see for yourself. Give Beyond La Quinta Real Estate a call today and watch your dreams come true.
Palm Desert is one of the more developed cities in the heart of the Coachella Valley. Some consider Palm Desert the economic pulse of the desert. World-class resorts and golf courses, unparalleled shopping, and dining options, business and educational opportunities, outstanding cultural and public amenities, and a wide range of housing choices make Palm Desert a preferred destination in the Coachella Valley.
Palm Desert is just over 30 years old. A relatively young city, yet sophisticated, Palm Desert is on course to become the most desirable place to live, work, learn, and play in the Valley. Palm Desert economic vitality is based on strong retail and commercial development, top notch tourism and resort facilities, and emerging higher education institutions. Truely a diamond in the rough.
Many of the largest employers in the Coachella Valley are located in Palm Desert, including Westfield Palm Desert, Desert Springs, a JW Marriott Resort, and College of the Desert, as well as dozens of light industrial and service companies along the Cook Street corridor and Country Club at Washington industrial parks. Nearly a quarter of all valley residents work in this city.
The demographics of this city are equally impressive. Palm Desert boasts a permanent population of nearly 50 thousand people and is ranked as the second-largest city in the Coachella Valley.
Growth is now quickly expanding into its north sphere, the raw, undeveloped acreage that extends from Frank Sinatra Drive to Interstate 10, flanked by Monterey Avenue and Cook Street. The Palm Desert General Plan, a 20-year guideline adopted in 2004, calls for developing this area with a balance of commercial and industrial developments, homes, public parks, schools, and open land. With approximately 11.5 million square feet of commercial development, the Monterey Avenue and Interstate 10 corridor is expected to become the major shopping destination for the entire valley.
Desert Gateway shopping center is now complete at the southeast corner of Monterey Avenue and Dinah Shore Drive. The center encompass nearly 700,000 square feet of leased space, making it the second-largest retail center in the valley after Westfield Palm Desert.
Site work has begun for The Village at University Park, a mixed-use project directly across from the Cal State Palm Desert and UCR Heckmann Center campuses. The project will include four retail buildings, five office buildings, a drive-through restaurant, and 130-room hotel. Within the two-mile University Park area, plans include 4,000 single-family residences, and 1,500 multifamily apartment units. Our strategy is to develop a flexible project that is first geared to people in their cars, and then capitalize on the residential growth planned for the surrounding area and the student body of the universities as they expand, says Fred Evans of The Evans Co., developer of The Village.
Supporting Palm Desert tourism industry, the Redevelopment Agency is in negotiations with a high-end resort developer to build a resort hotel and timeshares at Desert Willow Golf Resort. The complex will include a spa, restaurants, large-scale conference center, and meeting facilities to address the needs of both business and leisure travelers.
Community Support and Business Concerns
As its population increases, Palm Desert strives to ensure a wide range of attractive and affordable housing, including single-family homes, multifamily, and senior housing, as well as country club living.
The city is also committed to revitalizing existing properties. Its Façade Enhancement Program, initiated four years ago, provides matching grants of up to $35,000 to help upgrade parking, façades, lighting, landscaping, and signage on older retail and commercial properties along Highway 111 and El Paseo.
Contact details: Nancy Javitch, La Quinta Real Estate Specialist, cell: (760) 774-6063
Office: (760) 777-8870,Southern Hills Real Estate,
78-150 Calle Tampico Suite 101, La Quinta, CA 92253.
License # 01398196.
Email: Nancy Javitch, web: Beyond La Quinta Real Estate
