A look into how the luxury real estate market is performing in the Coachella Valley. 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 … While we don’t have a crystal ball. 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? Sort by: Newest. In January 2020, it looked like… 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. The market finished with 1,970 homes for sale, a 34.6% decline from last year and a 0.4% increase from last month. See pricing and listing details of Coachella real estate for sale. House for sale. Learn how your comment data is processed. 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. A 6-month supply is considered a balanced market, indicating the market heavily favors sellers as demand far outweighs supply. 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. The inventory level remains at a razor-thin 1.8 months to sustain demand. 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. Phone: (760) 367-7253. Coachella, CA Real Estate Trends. The Jelmberg Team the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. February 13, 2018 | NEWS. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Real Estate Market Trends in Coachella, CA Coldwell Banker estimates the median home price in Coachella is $310,000. 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. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Category: ... Real Estate. 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. Category: Real Estate. We can look at the current numbers and trends to provide some idea of what we can expect. 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. 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. 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. The Jelmberg Team is Coachella Valley's most innovative real estate team. The Citrus La Quinta Home For Sale November 30, 2020 . After one of the busiest summers on record, the real estate market continued its strong pace into the fall months. 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. 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. (760) 367-7253 Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). Based on information from the California Desert Association of Realtors as of 2021-01-09T18:35:32.737. Just Listed! The Citrus La Quinta Home For Sale November 30, 2020 . It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California. Our Coachella real estate stats and trends will give you more information about home buying and selling trends in Coachella. Category: Real Estate. All rights reserved. Palm Springs will continue to lead and amaze in 2020. Right now, there are 90 homes listed for sale in Coachella, including 0 … Coachella Valley, California | Real Estate Market Trends October 2020 The median list price per square foot in Coachella is $191. How Did The Coachella Valley Market React to COVID-19? Want to Buy a Home? Flag. 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. Listed by Patrick-Stewart Properties for $3,495,000. 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. 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. Coachella Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. 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. In many large cities, home prices have outpaced income. 39575 Washington Street, Suite #105, Palm Desert, CA 92211 Coachella CA Real Estate & Homes For Sale. Show All. It is important to note that our market reports contain numbers and analysis that are representative of the entire Coachella Valley. Distressed properties such as foreclosures and short … The median list price in Coachella is $270,000. 62 results. 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. Unit Sales UP … Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. 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. Licensed in the State of California, USA Laura Lake, Re/Max consultants. 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. coachella valley homes for sale › Verified 3 days ago Despite these conditions, the market saw more deals close in October than September and significantly more activity than last year. In January 2020, it looked like… January 2020 was $191. 84570 Via Durango, Coachella, CA 92236. 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. Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. 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 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. Our third quarter 2020 Coachella Valley real estate market recap breaks down the trends in the desert housing market. Listed by Patrick-Stewart Properties for $3,495,000. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jelmberg Team | Keller Williams. 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 – … Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. Jelmberg Team Does $10 Million in Sales in 28 days: Reaches Ambitious Goal of $80 Million in Sales for 2020. Our first quarter 2020 coachella valley real estate market recap takes a look at the major trends affecting the desert to start the year. Needless to say, the months ahead bear a trove of interesting elements to monitor. This site uses Akismet to reduce spam. Sort by: Newest. 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. See more real estate market trends for Coachella Valley. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. 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. All information should be independently reviewed and verified for accuracy. Market Trends and Statistics. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Coachella Valley Housing Report November 2020 December 09, 2020 . The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. The Jelmberg Team (License # 01765542) 39575 Washington Street, Suite #105 Just Listed! COVID-19 Resources & The Coachella Valley Real Estate Market. 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. 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. Coachella CA Newest Real Estate Listings. Sun City Palm Desert Home For Sale March 13, 2020 . Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. Truly, there is a home ideal for almost every type of person and personal taste. And prices are increasing in most valley cities compared to … First Quarter 2020 Coachella Valley Real Estate Market Recap. The median list price in Coachella was less than 1% change from January to February. Coming Soon Plan, Valencia. Coachella Valley real estate is a rich tapestry of home styles, inventory and lifestyles. 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. 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% 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. Median single-family home prices rose 10.4% compared to … Coachella's home resale inventories is 44, which increased 0 percent since January 2020. 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. Trulia User. View 88 homes for sale in Coachella, CA at a median listing price of $338,560. Learn about the Coachella, CA housing market through trends and averages. 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. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. 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. Properties may or may not be listing by the office/agent presenting the information. PICTURED: 425 South Via Las Palmas, Palm Springs. 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. 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. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. 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. ©2021 California Desert Association of Realtors. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Palm Springs Ground Floor Unit Condo December 02, 2020 . We look forward to unlocking possibilities for you. It’s been an unprecedented few weeks, and we hope you, and…. Can You Sell for Top Dollar in Record Time Right Now in the Coachella Valley? The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). 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. The average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Enter your email address to subscribe to this blog and receive notifications of new posts by email. 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% Luxury Real Estate Insights; Monthly Sold Data & Stats; Real Estate Trends; SUMMER REAL ESTATE TRENDS IN LA QUINTA GOLF COMMUNITIES. Palm Desert, CA 92211 Coachella Valley Housing Report November 2020 December 09, 2020 . 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 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. Coachella Valley Real Estate Has Reached a New High, But are Signals of a Market Shift Coming? 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. 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. 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. Category: Real Estate. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. 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. 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 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. All information should be independently reviewed and verified for accuracy. The average Palm Springs house price was $497K last month, up 30.7% since last year. Coachella, CA Real Estate Trends. Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-09T18:42:25.523. 16 results. We don’t need no stinking recession! The Gem of the Desert La Quinta Homes for Sale. Properties may or may not be listed by the office/agent presenting the information. As demand for desert living stays high, and the desert season is officially upon us, there is growing competition for homes in the market. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. The sales pace, noted as days on market, dropped significantly, meaning homes sold faster. 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. Search All Coachella Valley Homes Want to Sell a Home? Affordability of Living in Coachella, CA. And prices are increasing in most valley cities compared to … In January 2020, it looked like…, Here’s how our Palm Desert real estate market has reacted to the pandemic. 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 … Trulia User. Coachella Valley Housing Market September 2020 October 14, 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 Palm Springs house price was $497K last month, up 30.7% since last year. Low mortgage interest rates will support Coachella Valley housing market in 2020 but economic uncertainty and 2020 Election distraction will mute sales growth. On December 31, 2019, all existing permitted Short-Term-Rentals in Palm Desert within the R-1 and R-2 zones will terminate. coachella valley real estate listings Real Estate Trends. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. Coachella, CA. HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. 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. Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. 2018 Coachella Valley Real Estate Trends to Watch. Just Listed! 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. Flag. 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