We find that real estate can be cyclical in markets that have seasons. For example, Aspen, Vail, Park City are the busiest when the snow is out and the skiing is optimal. Vacationers fall in love with the lifestyle and end up buying second and third homes. You would think because the desert heat can reach up to 125 in the middle of summer, that it would shut down. Not so here in Palm Springs. Places like Phoenix and Las Vegas do slow down, unlike Palm Springs where 63% of our sale occur in the summer months. According to the data, the last three years we have seen increases in sales during the summer. That said, the fact that more and more people are finding Palm Springs to be the perfect year-round living environment because they can work remotely.
The rich history of Mid-Century and the new build of contemporary and modern, and catching the eye of metropolitan home buyers and modernism enthusiasts. Even the high desert of Joshua Tree and Pioneer Town are drawing young buyers to the off-grid homes. Keep informed and stay on top of this an more by browsing our website for stats and info that will be helpful to you in your home search or home sale experience.
