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

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