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. Category: Real Estate. In many large cities, home prices have outpaced income. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. 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. This site uses Akismet to reduce spam. Published on July 1, 2020 UPDATE: There’s an unexpected outcome of the pandemic shutdown Home prices are surging right now in the Coachella Valley. Properties may or may not be listed by the office/agent presenting the information. 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. Known as the “Gem of the Desert,” the city of La Quinta lies nestled in Coachella Valley, right in the heart of Calif… Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. 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. What to watch. A 6-month supply is considered a balanced market, indicating the market heavily favors sellers as demand far outweighs supply. Market Trends and Statistics. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. The median list price per square foot in Coachella is $191. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Published on July 1, 2020 UPDATE: There’s an unexpected outcome of the pandemic shutdown Home prices are surging right now in the Coachella Valley. Flag. Those sales accounted for an 84.7% leap from last October and a 0.2% swell from the previous month, with the final sales volume coming in at $638,031,000. Published on July 1, 2020 UPDATE: There’s an unexpected outcome of the pandemic shutdown Home prices are surging right now in the Coachella Valley. January 2020 was $191. Trulia User. coachella valley real estate listings Unit Sales UP … The average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Coachella CA Real Estate & Homes For Sale. Show All. Search All Coachella Valley Homes Want to Sell a Home? 39575 Washington Street, Suite #105 The Jelmberg Team See pricing and listing details of Coachella real estate for sale. coachella valley homes for sale › Verified 3 days ago Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. 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. Flag. See more real estate market trends for Coachella Valley. Coachella's home resale inventories is 44, which increased 0 percent since January 2020. As of April 2020, the median price of a detached home in the Coachella Valley was $440,000, up 3.9% from a year ago. Low mortgage interest rates will support Coachella Valley housing market in 2020 but economic uncertainty and 2020 Election distraction will mute sales growth. HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. Want to Buy a Home? Palm Desert, California real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends … We don’t need no stinking recession! ... mostly hispanic population. The median list price in Coachella was less than 1% change from January to February. And prices are increasing in most valley cities compared to … The average Palm Springs house price was $497K last month, up 30.7% since last year. It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California. 16 results. Jelmberg Team Does $10 Million in Sales in 28 days: Reaches Ambitious Goal of $80 Million in Sales for 2020. Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. 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 – … Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Coachella Valley real estate is a rich tapestry of home styles, inventory and lifestyles. Real Estate Market Trends in Coachella, CA Coldwell Banker estimates the median home price in Coachella is $310,000. Right now, there are 90 homes listed for sale in Coachella, including 0 … Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). 84570 Via Durango, Coachella, CA 92236. The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). It’s been an unprecedented few weeks, and we hope you, and…. The inventory level remains at a razor-thin 1.8 months to sustain demand. 62 results. Real Estate Trends. Licensed in the State of California, USA Coachella Valley Housing Report November 2020 December 09, 2020 . 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. The average sale price of a home ended the month at $583,700, a 24.1% increase year-over-year and a 2.7% drop from the prior month. 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. ©2021 California Desert Association of Realtors. Coachella, CA Real Estate Trends. All rights reserved. Palm Desert, California real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends … Just Listed! House for sale. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. February 13, 2018 | NEWS. The average Palm Springs house price was $497K last month, up 30.7% since last year. Coachella, CA Real Estate Trends. Our third quarter 2020 Coachella Valley real estate market recap breaks down the trends in the desert housing market. 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. Listed by Patrick-Stewart Properties for $3,495,000. $239,000. First Quarter 2020 Coachella Valley Real Estate Market Recap. Our agents write often to give you the latest insights on owning a home or property in the local area. The Citrus La Quinta Home For Sale November 30, 2020 . 2020 Election Year and Real Estate: Elections have historically affected house prices with a slightly lower percentage increase in value.According to a movoto.com study of the California real estate market, house prices typically rise 1.5% less during an election year than in the year prior to the election, and 0.8% less than in the year following the election. 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. Category: Real Estate. PICTURED: 425 South Via Las Palmas, Palm Springs. Affordability of Living in Coachella, CA. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Our Coachella real estate stats and trends will give you more information about home buying and selling trends in Coachella. All information should be independently reviewed and verified for accuracy. It is important to note that our market reports contain numbers and analysis that are representative of the entire Coachella Valley. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. (760) 367-7253 IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 39575 Washington Street, Suite #105, Palm Desert, CA 92211 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jelmberg Team | Keller Williams. Just Listed! October 2020 Coachella Valley Real Estate Market Recap, January Virtual Events Kickoff 2021 With a Bang, Jeanne Bemis Joins Bennion Deville Homes Rancho Mirage, Bennion Deville Homes Delivers A Sleigh Full of Toys to CVRM, Browse beautiful desert homes for sale from t, Looking for a new home in the New Year? Coachella Valley Housing Market September 2020 October 14, 2020 . Trulia User. 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% Despite these conditions, the market saw more deals close in October than September and significantly more activity than last year. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. And prices are increasing in most valley cities compared to … Needless to say, the months ahead bear a trove of interesting elements to monitor. Coachella Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. Enter your email address to subscribe to this blog and receive notifications of new posts by email. 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. Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. Listed by Patrick-Stewart Properties for $3,495,000. 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. Admin … Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. 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. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. Category: Real Estate. 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% As of April 2020, the median price of a detached home in the Coachella Valley was $440,000, up 3.9% from a year ago. Properties may or may not be listing by the office/agent presenting the information. 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. Category: Real Estate. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. Coachella Valley Housing Report November 2020 December 09, 2020 . 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. Distressed properties such as foreclosures and short … The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. All information should be independently reviewed and verified for accuracy. Our first quarter 2020 coachella valley real estate market recap takes a look at the major trends affecting the desert to start the year. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. COVID-19 Resources & The Coachella Valley Real Estate Market. 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