Coachella Valley Market Update

Update

La Quinta

• Median Price: $838,500 7.5%

• Sales Activity: 144 homes sold 2.1%

• Days on Market: 73 10.6%

• Inventory: 566 homes 21.5%

• Months of Supply: 5.85

Inventory is dropping fast, which will likely support prices moving forward. Homes are taking a bit longer to sell, but supply tightening is a key signal to watch.

Palm Desert

• Median Price: $575,000 0.9%

• Sales Activity: 198 homes sold 9.4%

• Days on Market: 67 3.1%

• Inventory: 908 homes 8.6%

• Months of Supply: 6.81

Stable and steady. Prices are holding, sales are up, and inventory is tightening slightly. This is a consistent, reliable market.

Indio

• Median Price: $535,500 9.5%

• Sales Activity: 111 homes sold 13.3%

• Days on Market: 77 30.5%

• Inventory: 502 homes 20.4%

• Months of Supply: 6.27

Strong demand but slower pace. Homes are still selling, but buyers are being more selective, creating negotiation opportunities despite rising activity.

Indian Wells

• Median Price: $1,349,500 29.0%

• Sales Activity: 34 homes sold 9.7%

• Days on Market: 74 (flat)

• Inventory: 145 homes 25.6%

• Months of Supply: 6.96

Luxury market reset. Prices dropped significantly, but sales and inventory trends show buyers are stepping back in, creating potential value opportunities at the high end.

Rancho Mirage

• Median Price: $800,000 12.1%

• Sales Activity: 85 homes sold 23.2%

• Days on Market: 65 slightly

• Inventory: 476 homes 15.3%

• Months of Supply: 7.76

Buyer activity is picking up while prices have adjusted down. More negotiating power still exists, but increased sales and lower inventory show demand is strengthening.

Cathedral City

• Median Price: $539,500 3.3%

• Sales Activity: 52 homes sold 8.3%

• Days on Market: 51 15%

• Inventory: 260 homes 13.3%

• Months of Supply: 5.79

This is one of the more balanced markets right now. Prices are rising, homes are selling faster, and inventory is tightening, strong signals of a healthy, competitive market.

Palm Springs

• Median Price: $605,000 3.2%

• Sales Activity: 169 homes sold 11.9%

• Days on Market: 67 13.6%

• Inventory: 869 homes 15.5%

• Months of Supply: 6.73

More homes are selling, but buyers are taking their time. Slight price softening + longer days on market = opportunity for buyers, but demand is still very active