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.

Saturday, January 29, 2011

Los Compadres 2010 Sales Statistics

35 homes sold in the Los Compadres neighborhood in 2010 (per the Desert Area MLS).  25 were on fee land, 10 were on lease land.  The information, along with 2009 and 2008 data for comparison, is below.

Inventory remains low in the neighborhood.  If you're considering selling this year, contact me for professional and friendly representation.  Competitive pricing, professional photography and unique, quality marketing are key for a successful sale!  See mine and my company's websites to see how we will market your home to sell!







FEE LAND:

              
2010

25 sales
Median sales price: $350,000.
High sale price: $625,000.
Low sales price: $230,000.
Avg price per sq ft: $200.67

2009


12 sales
Median sales price: $384,000.
High sales price: $630,000.
Low sales price: $276,500.
Avg price per sq ft: $217.80.

2008

13 sales
Median sales price: $535,000.
High sales price: $827,500.
Low sales price: $301,500.
Avg price per sq ft: $285.91


LEASE LAND:

2010

10 sales
Median sales price: $307,500.
High sales price: $460,000.
Low sales price: $190,000.
Avg price per sq ft: $156.73

2009

3 sales
Median sales price: $$330,000.
High sales price: $362,500.
Low sales price: $275,000.
Avg price per sq ft: $154.80.

2008

8 sales
Median sales price: $435,000.
High sales price: $485,000.
Low sales price: $380,000.
Avg price per sq ft: $211.85

Source: Desert Area MLS.  Russell Hill   ic #01427657  760.902.3121  RussellHill@dc.rr.com
RussellHillintheDesert.com  HomeinPalmSprings.blogspot.com
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