Assessed Value vs Market Value of Palm Springs Homes
Posted by Jim Cronin
Many homebuyers and owners have trouble understanding the distinction between assessed value and market value. The difference matters when you purchase or sell a luxury home in Palm Springs. Assessed value affects your property tax bill, while market value drives your sale or purchase price.
Buyers need to be confident in their decisions. As a seller, you want to position your property correctly in today's competitive market. This post will help you understand what these values mean and why they differ.
Palm Springs Real Estate Market Watch
As of April 2025, the sale-to-list price for homes in Palm Springs was 3.7%. However, Palm Springs real estate prices fluctuate daily. Contact Geoffrey Moore for help buying and selling homes in the Greater…
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