The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. Just Listed! Category: Real Estate. Homes Details: Trends to Watch: The 2018 Coachella Valley real estate market looks to stay hot, with trends in key stat points continuing to head in the right direction.PICTURED: 425 South Via Las Palmas, Palm Springs. Listed by Patrick-Stewart Properties for $3,495,000. 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. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. The Jelmberg Team is Coachella Valley's most innovative real estate team. 39575 Washington Street, Suite #105 The inventory level remains at a razor-thin 1.8 months to sustain demand. Seven months into the pandemic, the number of pending sales of single-family homes and condominiums in the Coachella Valley was up 56 percent and 42 percent, respectively, over the same period last year, McDonald reports. PICTURED: 425 South Via Las Palmas, Palm Springs. The median list price per square foot in Coachella is $191. While we don’t have a crystal ball. Category: Real Estate. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. We don’t need no stinking recession! Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. 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% 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 … Palm Desert, CA 92211 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. 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. Coachella, CA Real Estate Trends. Sort by: Newest. 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. 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. Palm Springs Ground Floor Unit Condo December 02, 2020 . 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. Coachella CA Newest Real Estate Listings. Properties may or may not be listing by the office/agent presenting the information. Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. ... mostly hispanic population. Real Estate Market Trends in Coachella, CA Coldwell Banker estimates the median home price in Coachella is $310,000. Overall, there is a 1.8-month supply of homes for sale, a 56.1% drop from last year and a 5.3% decrease from September of this year. House for sale. Can You Sell for Top Dollar in Record Time Right Now in the Coachella Valley? 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. 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. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. Want to Buy a Home? And prices are increasing in most valley cities compared to … How Did The Coachella Valley Market React to COVID-19? The median list price in Coachella is $270,000. Based on information from the California Desert Association of Realtors as of 2021-01-09T18:35:32.737. 39575 Washington Street, Suite #105, Palm Desert, CA 92211 All information should be independently reviewed and verified for accuracy. 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. Our first quarter 2020 coachella valley real estate market recap takes a look at the major trends affecting the desert to start the year. The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). This site uses Akismet to reduce spam. 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. Properties may or may not be listed by the office/agent presenting the information. Details: The Coachella Valley real estate market saw a record-setting third quarter this year, marked by high demand paired with scarcity of desert homes. The average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Palm Springs Ground Floor Unit Condo December 02, 2020 . Needless to say, the months ahead bear a trove of interesting elements to monitor. Coachella, CA. Affordability of Living in Coachella, CA. 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. coachella valley real estate listings Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. 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. 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. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. Licensed in the State of California, USA The median list price in Coachella was less than 1% change from January to February. It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California. There are 1,831 homes for sale in Coachella Valley with a median price of $399,991, which is an increase of 9.1% since last year. 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. The average Palm Springs house price was $497K last month, up 30.7% since last year. 62 results. Coachella Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. The Citrus La Quinta Home For Sale November 30, 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. 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 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. First Quarter 2020 Coachella Valley Real Estate Market Recap. 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. Trends to Watch: The 2018 Coachella Valley real estate market looks to stay hot, with trends in key stat points continuing to head in the right direction. In January 2020, it looked like…,  Here’s how our Palm Desert real estate market has reacted to the pandemic. Coachella Valley, California | Real Estate Market Trends October 2020 Despite these conditions, the market saw more deals close in October than September and significantly more activity than last year. Laura Lake, Re/Max consultants. Coachella Valley real estate is a rich tapestry of home styles, inventory and lifestyles. The average Palm Springs house price was $497K last month, up 30.7% since last year. 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 … Unit Sales UP … Median single-family home prices rose 10.4% compared to … All rights reserved. Sun City Palm Desert Home For Sale March 13, 2020 . January 2020 was $191. 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. Real Estate Trends. $239,000. 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. We look forward to unlocking possibilities for you. 84570 Via Durango, Coachella, CA 92236. Luxury Real Estate Insights; Monthly Sold Data & Stats; Real Estate Trends; SUMMER REAL ESTATE TRENDS IN LA QUINTA GOLF COMMUNITIES. COVID-19 Resources & The Coachella Valley Real Estate Market. Listed by Patrick-Stewart Properties for $3,495,000. Jelmberg Team Does $10 Million in Sales in 28 days: Reaches Ambitious Goal of $80 Million in Sales for 2020. Coachella Valley Real Estate Has Reached a New High, But are Signals of a Market Shift Coming? 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 – … In January 2020, it looked like… Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. Palm Springs will continue to lead and amaze in 2020. Trulia User. It is important to note that our market reports contain numbers and analysis that are representative of the entire Coachella Valley. The sales pace, noted as days on market, dropped significantly, meaning homes sold faster. See pricing and listing details of Coachella real estate for sale. The Citrus La Quinta Home For Sale November 30, 2020 . Our Coachella real estate stats and trends will give you more information about home buying and selling trends in Coachella. 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. 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 of MLS. (760) 367-7253 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. Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). 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. HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. 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. What to watch. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Share a few updates about how the luxury real estate market recap takes a into! Golf communities, and… local magazine with an in-depth look at real market. I ’ ll share a few updates about how the pandemic more real market. This unbalanced shift heavily favors sellers home to traditional old-world architecture and in. On December 31, 2019, all existing permitted Short-Term-Rentals in Palm Desert within the R-1 R-2. 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