HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. ©2021 California Desert Association of Realtors. And prices are increasing in most valley cities compared to … Unit Sales UP … Coachella Valley Housing Report November 2020 December 09, 2020 . 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 market finished with 1,970 homes for sale, a 34.6% decline from last year and a 0.4% increase from last month. The gains were especially significant in Indian Wells (up 131 percent), Palm Springs (128 percent), and La Quinta (86 percent). Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. Category: Real Estate. Our Coachella real estate stats and trends will give you more information about home buying and selling trends in Coachella. 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 sales pace, noted as days on market, dropped significantly, meaning homes sold faster. House for sale. Real Estate Trends. The Jelmberg Team (License # 01765542) In many large cities, home prices have outpaced income. Search All Coachella Valley Homes Want to Sell a Home? 84570 Via Durango, Coachella, CA 92236. 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 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. Market Trends and Statistics. 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. Luxury Real Estate Insights; Monthly Sold Data & Stats; Real Estate Trends; SUMMER REAL ESTATE TRENDS IN LA QUINTA GOLF COMMUNITIES. Coachella CA Real Estate & Homes For Sale. Flag. A 6-month supply is considered a balanced market, indicating the market heavily favors sellers as demand far outweighs supply. Needless to say, the months ahead bear a trove of interesting elements to monitor. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Trulia User. ... mostly hispanic population. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. Coachella Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. Category: Real Estate. Coachella, CA Real Estate Trends. (760) 367-7253 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 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. All information should be independently reviewed and verified for accuracy. Distressed properties such as foreclosures and short … Listed by Patrick-Stewart Properties for $3,495,000. 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. Our third quarter 2020 Coachella Valley real estate market recap breaks down the trends in the desert housing market. How Did The Coachella Valley Market React to COVID-19? 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 average price stayed relatively stable month-to-month, with a slight dip, and a huge jump over October 2019. Sort by: Newest. 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 The Gem of the Desert La Quinta Homes for Sale. Trulia User. Phone: (760) 367-7253. 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. Category: ... Real Estate. See pricing and listing details of Coachella real estate for sale. 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 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% January 2020 was $191. Flag. coachella valley real estate listings Median single-family home prices rose 10.4% compared to … The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. 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. 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 … PICTURED: 425 South Via Las Palmas, Palm Springs. The Jelmberg Team is Coachella Valley's most innovative real estate team. Coachella CA Newest Real Estate Listings. 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. We don’t need no stinking recession! 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. Based on information from the California Desert Association of Realtors as of 2021-01-09T18:35:32.737. 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 Springs Ground Floor Unit Condo December 02, 2020 . And prices are increasing in most valley cities compared to … The Jelmberg Team 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. 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. Palm Springs will continue to lead and amaze in 2020. Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). Known as the “Gem of the Desert,” the city of La Quinta lies nestled in Coachella Valley, right in the heart of Calif… Licensed in the State of California, USA All information should be independently reviewed and verified for accuracy. 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. Just Listed! A look into how the luxury real estate market is performing in the Coachella Valley. 2018 Coachella Valley Real Estate Trends to Watch. 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. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. 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. We can look at the current numbers and trends to provide some idea of what we can expect. What to watch. Low mortgage interest rates will support Coachella Valley housing market in 2020 but economic uncertainty and 2020 Election distraction will mute sales growth. 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. Learn how your comment data is processed. Admin … 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. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Sun City Palm Desert Home For Sale March 13, 2020 . Real Estate Market Trends in Coachella, CA Coldwell Banker estimates the median home price in Coachella is $310,000. Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. 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. To Low ) price ( Low to High ) Newest Bedrooms Bathrooms Square Feet Lot Size entire... Desert La Quinta home for Sale November 30, 2020 the luxury real estate recap... A home ideal for almost every type of person and personal taste market continued its pace. 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