Properties may or may not be listed by the office/agent presenting the information. A look into how the luxury real estate market is performing in the Coachella Valley. The average days on market, or sales pace, clocked in at 67.5 days on average to sell a home, a 15.1% decline (faster pace) than the same period last year and 9.2% drop from last month. Want to Buy a Home? Important points of interest for December 2019: Average SFR sale price for the Valley was $425,000, up 9.0%; Average Condo sale price for the Valley was $279,000, up 2.0% Currently, 14 acres of prime real estate in downtown Palm Springs is being transformed into an upscale attraction composed of new hotels, a park, shops & restaurants, underground parking and more. Can You Sell for Top Dollar in Record Time Right Now in the Coachella Valley? Likewise, the average price per square foot of a Coachella Valley home finished at $269.50, a 12.7% increase over October 2019 and a 2.9% decrease from September. Coachella, California real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Coachella homes for sale market. 39575 Washington Street, Suite #105 Sun City Palm Desert Home For Sale March 13, 2020 . ... mostly hispanic population. 2018 Coachella Valley Real Estate Trends to Watch. In October the desert saw 1,093 homes change owners, a 48.9% increase year-over-year and a 3% bump from September of this year. Jelmberg Team Does $10 Million in Sales in 28 days: Reaches Ambitious Goal of $80 Million in Sales for 2020. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. The median list price per square foot in Coachella is $191. After one of the busiest summers on record, the real estate market continued its strong pace into the fall months. ©2021 California Desert Association of Realtors. The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). Our October 2020 Coachella Valley real estate market recap runs down the overarching trends to watch, comparing the year-over-year and monthly numbers to identify a clear direction of where the market is headed. Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-09T18:42:25.523. According to data supplied by the MLS, here is how the Coachella Valley real estate market compares year end 2017 to 2016: Single Family, Detached Homes. Search All Coachella Valley Homes Want to Sell a Home? The Jelmberg Team is Coachella Valley's most innovative real estate team. The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. Coachella CA Real Estate & Homes For Sale. Coachella Valley Housing Report November 2020 December 09, 2020 . Coachella's home resale inventories is 44, which increased 0 percent since January 2020. Coachella, CA. 84570 Via Durango, Coachella, CA 92236. Category: Real Estate. Low mortgage interest rates will support Coachella Valley housing market in 2020 but economic uncertainty and 2020 Election distraction will mute sales growth. Coachella, CA Real Estate Trends. Coachella Valley Housing Market September 2020 October 14, 2020 . Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Unit Sales UP … Our top-rated real estate agents in Coachella are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Coachella. See more real estate market trends for Coachella Valley. Category: ... Real Estate. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. And prices are increasing in most valley cities compared to … The average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Palm Springs will continue to lead and amaze in 2020. Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. Just Listed! All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. Known as the “Gem of the Desert,” the city of La Quinta lies nestled in Coachella Valley, right in the heart of Calif… The average Palm Springs house price was $497K last month, up 30.7% since last year. 16 results. $239,000. Flag. Real Estate Market in Coachella Valley Developers and experts believe the real estate market in this prime area in Southern California – where winters are warmer and exotic flora and fauna are found – … The Coachella Valley is seeing a strong seller's market, and real estate industry experts note that record low mortgage rates below 3% are spurring people to … Our agents write often to give you the latest insights on owning a home or property in the local area. As reported previously, we are curious to see how the desert season affects inventory levels as there could be homeowners who wish to cash in on any built-up equity. If you are interested in learning more about the market conditions of a specific city, community, or neighborhood, please connect with your local Bennion Deville Homes real estate professional. We value our readers and strive every day to be the very best publication we can be, and thanks to you we get closer every single day. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. All rights reserved. Palm Desert, CA 92211 The inventory level remains at a razor-thin 1.8 months to sustain demand. Houses (4 days ago) The Bennion Deville Homes quarterly market report recaps the major trends around the Coachella Valley after the first three months of the year. The market finished with 1,970 homes for sale, a 34.6% decline from last year and a 0.4% increase from last month. The Kelly Slater Surf Resort will rise in the serene desert landscape of La Quinta, at the base of Coral Mountain and near the popular Coachella Valley Music Festival area. Palm Springs Ground Floor Unit Condo December 02, 2020 . The listing discount, noted as sold price versus list price, finished at 98.1% (a 1.9% discount), which represents a 1.1% increase year-over-year and a 0.2% bump from last month. We don’t need no stinking recession! Show All. coachella valley homes for sale › Verified 3 days ago Housing Market Trends in Coachella, CA In November 2020, the median list price of homes in Coachella, CA was $338.6K, trending up 16.8% year-over-year. The other piece to monitor is the progression of the coronavirus and any further impact it has on both migration trends out of cities, and on the flip side, part-time residents who may wish to offload their desert home due to uncertainty around travel. This section of the Desert Insider gives readers important insights into the real estate market, news, and home sales that directly affect Coachella Valley communities and cities. Coachella Valley Real Estate Market is a Demographic 'Super Mix' The Coachella Valley is an eclectic mix of peoples, lifestyles, backgrounds, ages, incomes and wealth –... Market Watch – Good Times Ahead Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. Right now, there are 90 homes listed for sale in Coachella, including 0 … Real Estate Trends Home prices have risen nationally three times faster than incomes since the turn of the century, which has made home ownership an impossibility for more Americans than ever before. Based on information from the California Desert Association of Realtors as of 2021-01-09T18:35:32.737. In January 2020, it looked like…,  Here’s how our Palm Desert real estate market has reacted to the pandemic. The Citrus La Quinta Home For Sale November 30, 2020 . In January 2020, it looked like… It’s been an unprecedented few weeks, and we hope you, and…. Important points of interest for December 2019: Average SFR sale price for the Valley was $425,000, up 9.0%; Average Condo sale price for the Valley was $279,000, up 2.0% The median list price in Coachella was less than 1% change from January to February. How Did The Coachella Valley Market React to COVID-19? coachella valley real estate listings All information should be independently reviewed and verified for accuracy. January 2020 was $191. Coachella Valley, California | Real Estate Market Trends October 2020 Properties may or may not be listing by the office/agent presenting the information. Regardless, those homeowners who are on the fence about selling should heavily consider making their move now while the market maintains strong demand and a large pool of interested buyers. The local real estate market is one of the most important considerations to people living in, or interested in buying a home in the Coachella Valley. Sort by: Newest. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. Start your, Start your New Year home search on the right, Wishing you a healthy, happy, and prosperous New Y, This Rancho Mirage compound is the ultimate desert, Charmed Magnesia Falls Cove living awaits at, Bennion Deville Homes real estate professional, November 2020 Coachella Valley Real Estate Market Recap, April 2020 Coachella Valley Real Estate Market Recap, Palm Springs Modernism Week 2019 Celebrates All Things Modern, First Quarter 2020 Coachella Valley Real Estate Market Recap, The 2019 Coachella Valley Music & Arts Festival Parties in the Desert, Bennion Deville Homes La Quinta Sees Oasis Elementary Students Off For Summer, Suzanne Serrano Joins Bennion Deville Homes Palm Desert San Pablo, Bennion Deville Homes Announces New Morningside Onsite Sales Team, Maxwell Lifschutz Joins Bennion Deville Homes Indian Wells. Category: Real Estate. 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