The table below shows the detached home sales for select cities in the beautiful Palm Springs area (also known as Coachella Valley) for the month of September 2016.
The final sales prices for all five towns ranged from a low of $132,390 for a little cutie in need of some TLC located at 75436 Wildflower Lane in Palm Desert to a high of $7,700,000 for an architectural masterpiece at 2175 Southridge Drive in Palm Springs. There really is something for everyone in Coachella Valley.
To see the homes that are currently for sale in these towns click here.
To find or sell your next home, including purchasing an investment property as a vacation rental, or even if you just have some questions, contact me today!
If you would like to rent a home for a vacation to test it out before you commit to a purchase, or converting your existing property into a vacation rental, click here. (much better ROI than the stock market!)
| City | # of homes sold | Average Days on Market | Average ORIGINAL Asking Price | Average FINAL Selling Price | Lowest Selling Price | Highest Selling Price |
| Indian Wells | 8 | 79 | $798,025 | $785,356 | $515,900 | $1,375,000 |
| La Quinta | 85 | 105 | $585,109 | $555,772 | $138,500 | $2,950,000 |
| Palm Desert | 88 | 129 | $462,112 | $423,450 | $132,390 | $1,475,000 |
| Palm Springs | 82 | 84 | $1,097,024 | $859,893 | $145,000 | $7,700,000 |
| Rancho Mirage | 24 | 115 | $767,639 | $742,822 | $225,000 | $1,552,082 |
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.
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Categories: Buying?, coachella valley, 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, Real Estate, Selling?, vacation homes
Kelley Eling, Realtor 