Trulia User. 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. Flag. On December 31, 2019, all existing permitted Short-Term-Rentals in Palm Desert within the R-1 and R-2 zones will terminate. 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 … And prices are increasing in most valley cities compared to … 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. 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. All information should be independently reviewed and verified for accuracy. January 2020 was $191. Learn how your comment data is processed. February 13, 2018 | NEWS. Coachella Valley Housing Report November 2020 December 09, 2020 . 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. Real Estate Trends. 84570 Via Durango, Coachella, CA 92236. Based on information from the California Desert Association of Realtors as of 2021-01-09T18:35:32.737. Laura Lake, Re/Max consultants. We look forward to unlocking possibilities for you. The inventory level remains at a razor-thin 1.8 months to sustain demand. Low mortgage interest rates will support Coachella Valley housing market in 2020 but economic uncertainty and 2020 Election distraction will mute sales growth. Market Trends and Statistics. 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. Our Coachella real estate stats and trends will give you more information about home buying and selling trends in Coachella. Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-09T18:42:25.523. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. First Quarter 2020 Coachella Valley Real Estate Market Recap. Show All. COVID-19 Resources & The Coachella Valley Real Estate Market. Our agents write often to give you the latest insights on owning a home or property in the local area. The Jelmberg Team Phone: (760) 367-7253. Properties may or may not be listed by the office/agent presenting the information. Learn about the Coachella, CA housing market through trends and averages. 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. Category: Real Estate. coachella valley homes for sale › Verified 3 days ago Search All Coachella Valley Homes Want to Sell a Home? All rights reserved. 39575 Washington Street, Suite #105 Admin … Category: ... Real Estate. 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. Coachella CA Real Estate & Homes For Sale. In January 2020, it looked like… 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 … The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. Coachella, CA Real Estate Trends. 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 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. Truly, there is a home ideal for almost every type of person and personal taste. 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. Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California. After one of the busiest summers on record, the real estate market continued its strong pace into the fall months. 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 … 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. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. While we don’t have a crystal ball. 62 results. The average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. The median list price per square foot in Coachella is $191. The market finished with 1,970 homes for sale, a 34.6% decline from last year and a 0.4% increase from last month. Coachella, CA. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. Palm Desert, CA 92211 Listed by Patrick-Stewart Properties for $3,495,000. Coachella Valley Housing Market September 2020 October 14, 2020 . Just Listed! Enter your email address to subscribe to this blog and receive notifications of new posts by email. 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 Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. 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. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Known as the “Gem of the Desert,” the city of La Quinta lies nestled in Coachella Valley, right in the heart of Calif… Coming Soon Plan, Valencia. A look into how the luxury real estate market is performing in the Coachella Valley. View 88 homes for sale in Coachella, CA at a median listing price of $338,560. 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 – … 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 Gem of the Desert La Quinta Homes for Sale. The Citrus La Quinta Home For Sale November 30, 2020 . Coachella's home resale inventories is 44, which increased 0 percent since January 2020. 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. Luxury Real Estate Insights; Monthly Sold Data & Stats; Real Estate Trends; SUMMER REAL ESTATE TRENDS IN LA QUINTA GOLF COMMUNITIES. Flag. Palm Springs will continue to lead and amaze in 2020. Licensed in the State of California, USA 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. And prices are increasing in most valley cities compared to … Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). 2018 Coachella Valley Real Estate Trends to Watch. 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. The median list price in Coachella is $270,000. The average Palm Springs house price was $497K last month, up 30.7% since last year. How Did The Coachella Valley Market React to COVID-19? Properties may or may not be listing by the office/agent presenting the information. See pricing and listing details of Coachella real estate for sale. Median single-family home prices rose 10.4% compared to … The sales pace, noted as days on market, dropped significantly, meaning homes sold faster. Coachella, CA Real Estate Trends. 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. In many large cities, home prices have outpaced income. 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. Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jelmberg Team | Keller Williams. Jelmberg Team Does $10 Million in Sales in 28 days: Reaches Ambitious Goal of $80 Million in Sales for 2020. Want to Buy a Home? 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. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. This site uses Akismet to reduce spam. It is important to note that our market reports contain numbers and analysis that are representative of the entire Coachella Valley. coachella valley real estate listings Coachella Valley real estate is a rich tapestry of home styles, inventory and lifestyles. Despite these conditions, the market saw more deals close in October than September and significantly more activity than last year. 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. All information should be independently reviewed and verified for accuracy. Can You Sell for Top Dollar in Record Time Right Now in the Coachella Valley? Real Estate Market Trends in Coachella, CA Coldwell Banker estimates the median home price in Coachella is $310,000. 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. Right now, there are 90 homes listed for sale in Coachella, including 0 … 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. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. Distressed properties such as foreclosures and short … ... mostly hispanic population. 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. 39575 Washington Street, Suite #105, Palm Desert, CA 92211 the neighborhoods here are as safe as any other city in the entire coachella valley" 1. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. The average Palm Springs house price was $497K last month, up 30.7% since last 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% 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. As demand for desert living stays high, and the desert season is officially upon us, there is growing competition for homes in the market. Our first quarter 2020 coachella valley real estate market recap takes a look at the major trends affecting the desert to start the year. 16 results. What to watch. 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. 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. The Jelmberg Team is Coachella Valley's most innovative real estate team. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. 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. 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. It’s been an unprecedented few weeks, and we hope you, and…. Sort by: Newest. 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. Coachella Valley Real Estate Has Reached a New High, But are Signals of a Market Shift Coming? Just Listed! ... mostly hispanic population. Category: Real Estate. 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. Unit Sales UP … Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in January. 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? 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 … 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. The median list price in Coachella was less than 1% change from January to February. 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 The Jelmberg Team (License # 01765542) 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. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. In January 2020, it looked like… In January 2020, it looked like…,  Here’s how our Palm Desert real estate market has reacted to the pandemic. Just Listed! Sort by: Newest. 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. 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. 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. Category: Real Estate. Trulia User. See more real estate market trends for Coachella Valley. The Citrus La Quinta Home For Sale November 30, 2020 . Category: Real Estate. 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. 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. A 6-month supply is considered a balanced market, indicating the market heavily favors sellers as demand far outweighs supply. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. We don’t need no stinking recession! $239,000. Needless to say, the months ahead bear a trove of interesting elements to monitor. 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. Palm Springs Ground Floor Unit Condo December 02, 2020 . We can look at the current numbers and trends to provide some idea of what we can expect. Affordability of Living in Coachella, CA. Category: Real Estate. 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 Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Coachella CA Newest Real Estate Listings. Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. (760) 367-7253 House for sale. Coachella Valley, California | Real Estate Market Trends October 2020 Our third quarter 2020 Coachella Valley real estate market recap breaks down the trends in the desert housing market. Sun City Palm Desert Home For Sale March 13, 2020 . 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. PICTURED: 425 South Via Las Palmas, Palm Springs. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Coachella Valley Housing Report November 2020 December 09, 2020 . ©2021 California Desert Association of Realtors. 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