Los Compadres Neighborhood, Palm Springs

The Los Compadres neighborhood is comprised of homes built from the 1960s through the 1980s, with a good portion of them constructed in the 1970s. There a few homes on the eastern edge of the neighborhood in the 1990s and later.
The neighborhood is located in South Palm Springs, south of Ramon Rd, north of E Palm canyon, east of Sunrise Way and west of the wash (between the wash and El Cielo).
A good portion of the neighborhood is located on Indian lease land, with remainder on Fee Simple (you own) land. Ask us for specific location of lease vs fee simple land.
Prices are currently in the $200K to $500K price point, with the lease land generally less expensive than the fee simple land. Square footage of the homes range from the 1200sf to over 2500sf. Lots are generally on the large side, one quarter acre and bigger.
Homes are typicaly California Ranch in style, with 3 to 4 bedrooms. Tile roofs are common, as well as composition shingle.
There are various condo developments scattered nearby the neighborhood. Some of them are: Sunrise East, Sunrise Villas, The Pointe, Saddle Rock Gardens, The Diplomat and Versailles.
It is common to see walkers, with and without dogs in tow in the neighborhood.
Shopping is close by at Smoketree Shopping Center and Smoketree Commons. There are many restaurants within a short walk, bicycle ride or drive. See list at right.

Monday, May 25, 2009

Los Compadres neighborhood sales trend



Palm Springs homes for sale.  California Ranch-style homes for sale in Palm Springs' Los Compadres neighborhood.  Palm Springs sales statistics.  Palm Springs real estate blogs

I thought it would be helpful to see the sales trends by neighborhood.  As we know, real estate is local!  Here's the trend over the last 11 months for Los Compadres.

05/08: 3 sales, $399K median sales price, $279.98sf
06/08: 2 sales, $572,500 median sales price, $243.13sf
07/08: 5 sales, $525,000 median sales price, $302.84sf
08/08: 1 sale, $470,000, $205.60sf
09/08: 2 sales, $591,250. median sales price, $244.39sf
10/08: 1 sale, $645,000., $237.13sf
11/08: 1 sale, $400,000, $231.21sf
12/08: 1 sale, $380,000, $150.97sf
01/09: 1 sale, $210,000,  $128.21sf (foreclosure on El Cielo...is it really in the 'hood?)
02/09: none
03/09: none
04/09: none

Please keep in mind that Los Compadres is divided between lease land and fee simple land.  To get a clearer picture of your home's value, call us and we'll break down the information for you.

Thanks for visiting this blog.  See our all-encompassing real estate blog at HomeinPalmSprings.blogspot.com

Russell Hill    RS Associates     760.203.2959    RussellHill@dc.rr.com 
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1 comment:

Anonymous said...

Cool pictures with informative sales trends really a good work.

Boise real estate

July 13, 2009 at 12:06 PM

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