Wednesday, August 7, 2013

Palermo residence on market for $299,900

A Palermo Palm Springs two-bedroom condo is on the market for $299,900, another increase in the offered sales prices of non-distressed sales at Palermo and signaling the steady increase in property values at Palermo since mid-2011. The listing is here. One real estate agent who provide this info to us says it is possible for a bidding war may happen as it is non-distressed and below the "comps" for this type of offering in Palm Springs. Miss Penny Lane says: Palermo's time is now.

15 comments:

Anonymous said...

That home should be at least $360,000 in this market of little new modern construction, pool and private yard, and I must addin an HOA that has its shit together like ours does which is rare in the valley.

Anonymous said...

I want to add that owners should be thanking our frickin lucky stars that the HOA has a balanced budget, has socked away money in reserves to triple them in two years, and dues have not gone up for two years now to boot and we have a HOA that wants to hear from people that they are putting big changes or ideas of changes out to election.

Anonymous said...

Prediction: $360,000 selling prices by March 2014.

Anonymous said...

Prices are on the rise, baby!

Anonymous said...

Sorry, this will sell for about $230K. It has a lot of upgrades, but those don't always add to the selling price.

Anonymous said...

Um, the selling prince last fall for this unit was $260,000 so 2:00 does not make sense - probably it is just from on one of the would-be buyers who missed the boat when prices were low and is just wishful thinking. Any upgrades were made after the $260,000 selling price last year.

Anonymous said...

Starting the day to say Hi Neighbiors, we are so lucky to live at Palermo! I love it here.

Anonymous said...

Howdy back to you neighbor.

Anonymous said...

Beautiful place, very well done!!

Looks like the perfect place to relax and enjoy the pool and mountain view.

Anonymous said...

Tis a beauty.

Anonymous said...

Nice place!! Hard to find modern town homes here in PS that do not need any renovation. This is a gem!

Anonymous said...

3:16 is really right on.

Anonymous said...

up up and away Palermo!!!!!!!!!!!!!!!!!!!!! Best place to live in Palm Springs, California.

Anonymous said...

3:16 is SO right! There is NOTHING in PS under $350k that can come close to Palermo. This unit that's for sale is a great deal especially with the college down the road starting end of the year.

Seems that this unit has it all, with the view, pool/spa and beautiful interior.

Yeah for Palermo!!!!!

Anonymous said...

Nice!!!!!!