Kevin Stern / Town Real Estate

Coachella, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



Coachella, CA

Sat Feb 04 2023
This week the median list price for Coachella, CA is $507,063 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has increased to 32. Click here to stay informed with the Coachella market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Coachella, CA

Sat Feb 04 2023
This week the median list price for Coachella, CA is $507,063 with the market action index hovering around 36. This is an increase over last month's market action index of 33. Inventory has increased to 32. Click here to stay informed with the Coachella market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Coachella market.
Median List Price $507,063
Median Price of New Listings $465,000
Per Square Foot $245
Average Days on Market 74
Median Days on Market 49
Price Decreased 38%
Price Increased 0%
Relisted 9%
Inventory 32
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$644,500 2,644 6,500 - 8,000 sqft 4 3 18 0 0 154
$528,979 2,614 4,500 - 6,500 sqft 5 3 9 1 0 35
$484,995 2,182 4,500 - 6,500 sqft 4 2.5 1 2 1 49
$422,500 1,377 4,500 - 6,500 sqft 3 2 14 4 2 31