The Coachella Valley/Palm Springs area is a great place to live for many reasons, including all the many fun things to do, excellent restaurants and shopping, outdoor activities and–yes–excellent schools.
Home sales prices are varied like the population. The table below shows the detached home sales for select cities in the beautiful Palm Springs area for the month of January 2016.
| City | # of homes sold | Average Days on Market | Average ORIGINAL Asking Price | Average FINAL Selling Price | Lowest Selling Price | Highest Selling Price |
| Indian Wells | 9 | 109 | $1,035,556 | $980,056 | $429,000 | $2,170,000 |
| La Quinta | 48 | 131 | $873,777 | $838,657 | $260,000 | $8,000,000 |
| Palm Desert | 72 | 108 | $NA | $446,351 | $210,000 | $740,000 |
| Palm Springs | 55 | 96 | $NA | $657,727 | $275,000 | $1,375,000 |
| Rancho Mirage | 30 | 119 | $865,244 | $767,045 | $245,000 | $2,205,000 |
The original asking prices for Palm Desert and Palm Springs are unavailable because they were entered incorrectly several times (for example and agent entered a list price of $468M, rather than $468K) and MLS only works with originally entered data.
The valley is as diverse in its culture as it is in its real estate. You can find all kinds of home, ranging from this $8M La Quinta Estate to this modest yet well-appointed home in Palm Desert (with plenty of room for a pool!) which sold for only $220K!
To find or sell your next home, or even if you just have some questions, contact me today!
Please note that the original asking prices and the days on market do not reflect when a home has been previously listed. This information is only pertinent for the listings that actually sold.
Categories: estates, home sales, homes for sale, indian wells, just sold, la quinta, luxury homes, market conditions, Market Updates, number of homes sold, palm desert, palm springs, rancho mirage, Selling?, vacation homes
Kelley Eling, Realtor 