Palm Springs Home Sales Up Again, Prices Down Again

Palm Springs Real EstateUp — and down. The Coachella Valley’s housing market kicked off 2012 the same way it played out during much of 2011: year-over-year sales volume rose; prices dropped.

Home sales rose 5.4 percent in January, and the valley’s overall median price — half sold for more, half for less — fell 9.7 percent to $165,000, San Diego-based real estate information provider DataQuick reported.

The California Desert Association of Realtors, which compiles home sales and price statistics differently based solely on Desert Area Multiple Listing Service data, pegged the median price for a single-family home at $180,500 last month, and condos at $155,000.

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