Inventory remains very low making it a great time to be a seller!
The table below shows the detached home sales for select cities in Coachella Valley for the month of August 2021.
The final sales prices for these seven towns ranged from a low of $266,500 for 30236 San Luis Rey Drive in Cathedral City, to a high of $4,200,000 for 74420 Mountain Vista Drive in Indian Wells.
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If you have any questions, or if you or someone you know is considering selling a home, do not hesitate to contact me.
| City | # of homes sold | Average Days on Market | Average ORIGINAL Asking Price | Average FINAL Selling Price | Lowest Selling Price | Highest Selling Price |
| Bermuda Dunes | 2 | 14 | $462,500 | $462,500 | $425,000 | $500.000 |
| Cathedral City | 42 | 37 | $507,752 | $506,848 | $266,500 | $1,025,000 |
| Indian Wells | 11 | 43 | $1,524,709 | $1,530,818 | $605,000 | $4,200,000 |
| La Quinta | 102 | 36 | $897,497 | $895,875 | $285,500 | $3,120,000 |
| Palm Desert | 85 | 30 | $842,726 | $842,045 | $270,000 | $5,647,000 |
| Palm Springs | 62 | 37 | $993,932 | $988,540 | $325,000 | $3,000,000 |
| Rancho Mirage | 30 | 38 | $1,275,794 | $1,275,657 | $535,000 | $3,850,000 |
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 in this particular month.
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