Triangular 2 acre property with extreme privacy, but close to Fwy!
Market Update; May 2024 The heat is on here in the Coachella Valley! These market updates give you a snapshot for each of our desert cities, remember that the word “median” means half above and half below that number came up with this median number. So, better to focus on the community and price point you are interested for a true read on that micro market. Pineapple Hill Ranch is a 2 acre property in our Eastern Coachella Valley, offered at $1,245,000.
La Quinta: 324 homes in inventory, which is up 10%. Median days on market is 56 which is up 14%. Median list price is $899,000
Indio: Inventory of 350 homes, which is up 1%. Median days on the market is 53, up 8%, and median list price is $639,000, which is down 1%.
Indian Wells: Inventory of 57 homes for sale, up 6%. Median days on market is 56, which is down 11%. Median List price is $1.9 mil, which is down 5%.
Palm Desert: Inventory of 290 homes, down 4%. Median days on market of 70, which is up 25%, and median list price is $822,000 up 1%.
Rancho Mirage: 187 homes in inventory, down 5%. Median days on market of 70, up 25%, median list price of $1.29 mil, down 1%.
Cathedral City: Inventory of 122 homes, no change. Median days on market is 56, which is up 14%. Median list price is $624,000, which is no change.
Palm Springs: Inventory of 328 homes, down 4%. Median days on market of 68, down 3%. Median list price is $1.3 mil, which is no change.
Joshua Tree: Inventory of 205 homes, up 7%. Median days on market of 91, up 8%. Median list price of $499,000, down 5%.
Take the tour of 59105 Lincoln St., which is in Thermal, California. Asking $1,245,000. This property is gorgeous. 2 acre property with a 1960’s ranch style pool home and a 6400 sf warehouse, that is permitted and useful for so many things!
