Trulia User. Broker License # 01522739, Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. It has gained attention as one of the largest and most prominent downtown redevelopments in Southern California. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Unit Sales UP … Admin … Coachella Valley Housing Market September 2020 October 14, 2020 . In January 2020, it looked like…,  Here’s how our Palm Desert real estate market has reacted to the pandemic. Homes for You Price (High to Low) Price (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. Category: Real Estate. 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. ... mostly hispanic population. 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. Category: Real Estate. Coachella Valley Real Estate Has Reached a New High, But are Signals of a Market Shift Coming? Category: Real Estate. Phone: (760) 367-7253. All rights reserved. Palm Springs Ground Floor Unit Condo December 02, 2020 . Receive…, COVID-19 & the Coachella Valley Today I’ll share a few updates about how the pandemic has affected our market. 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? Coachella Valley Housing Report November 2020 December 09, 2020 . Search All Coachella Valley Homes Want to Sell a Home? The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. On December 31, 2019, all existing permitted Short-Term-Rentals in Palm Desert within the R-1 and R-2 zones will terminate. The Desert Insider is a local magazine with an in-depth look at real estate and news relating to communities in the Coachella Valley. 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% Coupled with still historically low inventory levels, this unbalanced shift heavily favors sellers. Palm Springs Ground Floor Unit Condo December 02, 2020 . As demand for desert living stays high, and the desert season is officially upon us, there is growing competition for homes in the market. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Category: Real Estate. First Quarter 2020 Coachella Valley Real Estate Market Recap. Coachella Valley, CA: Stephen Burchard with HomeSmart Professionals has supplied us with a quick snapshot of the Coachella Valley real estate market. Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-09T18:42:25.523. February 13, 2018 | NEWS. The market finished with 1,970 homes for sale, a 34.6% decline from last year and a 0.4% increase from last month. Our third quarter 2020 Coachella Valley real estate market recap breaks down the trends in the desert housing market. 2018 Coachella Valley Real Estate Trends to Watch. 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. Coachella, CA Real Estate Trends. The Jelmberg Team (License # 01765542) The sales pace, noted as days on market, dropped significantly, meaning homes sold faster. 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. 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. 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. 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. 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. We look forward to unlocking possibilities for you. 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. 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. 62 results. Despite these conditions, the market saw more deals close in October than September and significantly more activity than last year. The median list price per square foot in Coachella is $191. Homes styles in the Valley range from a mid-century modern home to traditional old-world architecture and everything in between. In January 2020, it looked like… 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. Listed by Patrick-Stewart Properties for $3,495,000. Flag. The Jelmberg Team 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 … Just Listed! Coachella Valley Weekly is an independent publication dedicated to serving our readers with the most up-to-date, interesting articles relating to them. 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 … coachella valley real estate listings $239,000. We don’t need no stinking recession! Our first quarter 2020 coachella valley real estate market recap takes a look at the major trends affecting the desert to start the year. A look into how the luxury real estate market is performing in the Coachella Valley. Coachella CA Newest Real Estate Listings. Luxury Real Estate Insights; Monthly Sold Data & Stats; Real Estate Trends; SUMMER REAL ESTATE TRENDS IN LA QUINTA GOLF COMMUNITIES. While we don’t have a crystal ball. 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 – … All information should be independently reviewed and verified for accuracy. COVID-19 Resources & The Coachella Valley Real Estate Market. Show All. The Citrus La Quinta Home For Sale November 30, 2020 . 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. Additionally, sellers got closer to their asking price, indicated by a shallower listing discount (noted as sold price versus list price). (760) 367-7253 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. 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. HGTV's design experts reveal the paint colors and trends that will set the mood in 2021. Just Listed! 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. 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. Just Listed! 16 results. Flag. 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. Median single-family home prices rose 10.4% compared to … Coachella, CA Real Estate Trends. 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. 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. 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. 84570 Via Durango, Coachella, CA 92236. The Gem of the Desert La Quinta Homes for Sale. Coachella Valley Real Estate Market Trends: July 2020 Unexpected Benefit of the Shutdown. Category: ... Real Estate. the neighborhoods here are as safe as any other city in the entire coachella valley" 1. Learn about the Coachella, CA housing market through trends and averages. The desert real estate market kept up strong numbers in October, with improvements in virtually every meaningful category we track. The Palm Springs, CA housing market is somewhat competitive, scoring 57 out of 100. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Properties may or may not be listed by the office/agent presenting the information. 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 Our agents write often to give you the latest insights on owning a home or property in the local area. 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. See more real estate market trends for Coachella Valley. In many large cities, home prices have outpaced income. Properties may or may not be listing by the office/agent presenting the information. It is important to note that our market reports contain numbers and analysis that are representative of the entire Coachella Valley. 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. 3 Things You Can Do to Take Advantage of the Current Market, How to List Home from Another Country or State Without Leaving Home. 39575 Washington Street, Suite #105 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 homes for sale › Verified 3 days ago Sun City Palm Desert Home For Sale March 13, 2020 . 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. Real Estate Trends. Trulia User. Distressed properties such as foreclosures and short … Affordability of Living in Coachella, CA. ... mostly hispanic population. Palm Springs will continue to lead and amaze in 2020. The median list price in Coachella is $270,000. The Citrus La Quinta Home For Sale November 30, 2020 . Coachella Valley home and condominium sales dipped in March, according to data from the California Desert Association of Realtors. The entire Coachella Valley, CA 92211 Phone: ( 760 ) 367-7253 Burchard HomeSmart. Of home styles, inventory and lifestyles scoring 57 out of 100, and… mute sales growth interesting. Representative of the largest and most prominent downtown redevelopments in Southern California Desert Insider is a?. Valley market React to COVID-19: 425 South Via Las Palmas, Palm Desert for! May or may not be listing by the office/agent presenting the information estate and news relating to.! Outweighs supply increase from last year to serving our readers with the most up-to-date, interesting relating! Say, the market saw more deals close in October than September and significantly more activity than last year a! Or may not be listed by the office/agent presenting the information a mid-century home. 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