Coachella Valley Land Values seem to be stable.
Coachella Valley Land Values: So, we all know house sales aren’t as strong as they were last year, and certainly the year before. How is land doing in the Coachella Valley?? Interestingly enough, it’s holding it’s own. What’s the saying..”Buy Land, they aren’t making any more of it.” True, but here in the Coachella Valley, there happens to be a wide variety of land choices. Vacant Land that’ raw desert land, vacant land that’s leveled, fenced with and without utilities and water. If you are looking to buy or sell land, give Kim a call at 760-285-3578.
The price per acre varies greatly depending on which part of the valley you are looking at. North Palm Springs, and up Hwy 62 into Joshua tree and Yucca Valley has seen a dramatic increase in price/acre, but land in the high desert is still relatively cheap compared to central and Eastern Coachella Valley. Land Values anywhere near the Coachella Festival grounds are of course higher..ranging from approx. $75,000/acre to $125,000/acre for improved land, especially if it’s zoned to develop..commercial or residential. Date Farms, depending on age and quality of trees and valley location, can range from approx. $25,000/acre to approx. $65,000/acre.
Take a tour of this gorgeous 108 acre parcel in the East Valley city of Thermal. It’s made up of 5 APN’s, and has 4 water meters. Asking price is $26,000/acre. Easy access to the Fwy., gorgeous mountain views, clean tilled soil, this parcel is fabulous!
