Kevin Stern / Town Real Estate

Coachella, CA

Single-Family Homes

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



Coachella, CA

Fri Dec 01 2023
This week the median list price for Coachella, CA is $526,490 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has increased to 27. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Coachella, CA

Fri Dec 01 2023
This week the median list price for Coachella, CA is $526,490 with the market action index hovering around 46. This is less than last month's market action index of 50. Inventory has increased to 27. 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.

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Coachella market.
Median List Price $526,490
Median Price of New Listings $560,631
Per Square Foot $279
Average Days on Market 130
Median Days on Market 84
Price Decreased 33%
Price Increased 11%
Relisted 15%
Inventory 27
Median Rent
Market Action 46
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,135,000 2,827 2.5 - 5 acres 4 3.3 21 0 0 150
$560,631 2,404 6,500 - 8,000 sqft 5 3 15 1 0 98
$522,431 2,074 6,500 - 8,000 sqft 4 2.5 17 0 0 126
$399,000 1,587 4,500 - 6,500 sqft 4 3 18 0 0 35