Palm Springs, CA, June 2005 Median Home Price Still Hot and Affordable!

The median price of a desert home in Palm Springs, California is just as hot as the June temperatures rise to record levels, however the price has dipped to $369,500 in June, down from the record setting $385,000 in May of 2005. Unsold inventory also appears to be at 80% higher levels than a year ago according to Greg Berkemer of the California Desert Association of Realtors, the association's executive director, indicating that the market appears to be less of a seller's market. Read the full article in the hometown newspaper of Palm Springs, CA, The Desert Sun, for the latest news on the housing industry, and for a list of homes that came on the market in the last 24 hours without obligation, please visit our site at www.DesertHomesToday.com/hotproperties.htm. You'll also find information on new homes and neighborhoods throughout the desert!

Posted by Carey Ann Parker, host of the program that talks about real estate in the desert on Newstalk 920 KPSI, Palm Springs, California.