Kevin Stern / Town Real Estate

Coachella, CA

Single-Family Homes

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



Coachella, CA

Mon Oct 03 2022
This week the median list price for Coachella, CA is $540,000 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 36. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Coachella, CA

Mon Oct 03 2022
This week the median list price for Coachella, CA is $540,000 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 36. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Coachella market.
Median List Price $540,000
Median Price of New Listings $445,000
Per Square Foot $271
Average Days on Market 63
Median Days on Market 63
Price Decreased 22%
Price Increased 0%
Relisted 8%
Inventory 36
Median Rent
Market Action 43
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$899,000 2,532 6,500 - 8,000 sqft 4 3 18 0 0 91
$649,000 2,458 6,500 - 8,000 sqft 5 3 17 1 0 35
$498,990 1,959 6,500 - 8,000 sqft 4 2.5 17 0 0 84
$400,000 1,288 6,500 - 8,000 sqft 3 2 22 4 1 7