Hot Desert Real Estate Information & Community News

Get hot information about all the desert communities around the Coachella Valley/Greater Palm Springs area. You can get market updates of how the real estate market is fairing in all the areas plus interesting things going on here in the Coachella Valley.

 

Dec. 2, 2023

New Price: Remodeled Palm Desert Resort Country Club Retreat | Now Listed at $380,000

Don't miss this opportunity for resort living in Palm Desert Resort Country Club, with great amenities and stunning mountain and golf course views. This Augusta model end unit is perfect as a primary or second home, or as a vacation rental, since short term rentals (2 Day minimum) are allowed. Start the day with breakfast on the patio under the warmth of the morning sun sparkling off the distant lake. Right across the street is a one of the 20 heated salt water pools/spas spread out across the community. This lovely updated move-in ready home features 2 bedrooms and 2 bathrooms, with newer stainless steel appliances, rich wood kitchen cabinets, newer plantation shutters in the living room and bedrooms and newer tile floors throughout. No popcorn ceilings either! Offered Partially Furnished (subject to inventory). Palm Desert Resort Country Club includes 960 homes, an HOA owned Championship golf course and clubhouse with restaurant, lounge and pro shop, 24-hour guard service, mature trees, lush landscaping and wide greenbelts. Basic cable and internet, roofs, exterior painting and landscaping, pest control and trash are included in the low monthly HOAs. Homeowners are automatically eligible to jump the waitlist and join the active private tennis and pickleball community. Public rates for golf. Don't wait, this home will sell quickly!

Features Of This Home At A Glance:

  •         Remodeled Palm Desert Resort Country Club Golf Course Condo
  •         1,091 Sq. Ft. | 2 Bedrooms | 2 Bathrooms
  •         North Chocolate Mountain, Golf Course & Club House Views From Back Covered Patio
  •         Remodeled With Vinyl Laminate Floors & Vaulted Ceilings In Main Living Areas
  •         Remodeled Kitchen With Newer Cabinets, Stone Counters & Stainless Steel Appliances
  •         Remodeled Bathrooms With Newer Cabinets, Stone Counters & Fixtures
  •         Plantation Shutters In Living Room & Bedrooms | Gas Fireplace In Living Room
  •         Short Term Rentals (2 Day Minimum ) Allowed

MLS# 219102969 | Now Listed at $380,000 | Details, photos, virtual tour & floor plan at: http://www.41370inverness.com

THE BRIGGS GROUP | COLDWELL BANKER | Laurie Briggs – DRE 01896117 | Tim Briggs – DRE 01898254 | Coldwell Banker – DRE 00616212

Posted in Our Listings
Nov. 28, 2023

December 2023 Coachella Valley Calendar Of Events

It’s starting to look a lot like Christmas around here (other than the emerald green grass everywhere you look). If you’re wondering what to see and do around here in December to celebrate the holidays, Catherine, Dawn and Valori, our fun-loving colleagues at First American Title, have a few suggestions that we’d like to share with you:

Holiday Shop at Desert Art Center | Nov. 18-Dec. 31 | 10am-4pm | Desert Art Center, Palm Springs

Don’t miss the finest artist-made giftables in the valley! You’ll find fine ornaments and decor, jewelry and wearables, prints and wall art, greeting cards, and much more. For more information: www.facebook.com/events/1323899481804913

El Paseo Holiday Cruise Night | Dec. 1 from 2-5pm | The Gardens on El Paseo

Begin arriving with your car on the upper west level of The Gardens on El Paseo at 2pm. If you don’t own car to Cruise with, come and view the cars and meet the owners. At 4:00pm we will have a few announcements. Then at 4:15pm – time to Cruise! For more information: 760-346-8965 | www.elpaseocruisenight.com

Indio Tree Lighting Ceremony | Dec. 1 at 5pm | Downtown Indio

Kick off the holly-jolly spirit in December with the Tree Lighting Ceremony at the corner of Town Street and Bliss Avenue. For more information: 760-391-4000 | www.indio.org/Home/Components/Calendar/Event/5688/

La Quinta Tree Lighting Ceremony | Dec. 1 from 6-8pm | Civic Center Park

Bring the family for all the festivities plus a visit from Santa. This event is free and all are welcome! From more information: 760-777-7000 / https://www.playinlaquinta.com/event/annual-tree-lighting-ceremony-2/

Palm Springs Jingle Mingle Tree Lighting | Dec. 1 from 4:15-5:15pm | Frances Stevens Park

The park is adorned with twinkling lights and festive decorations, creating a magical atmosphere for the event. There will be crafts for youth, performances by the Dancing Christmas Trees, holiday music, and caroling. For more information: For more information: 760-325-6611 | www.visitpalmsprings.com/events/jingle-mingle-in-the-park/

Indian Wells Winterfest | Dec. 2 - Jan. 1 - See website for schedule | Indian Wells Golf Resort

Enjoy holiday fun from disco and classic holiday tunes on the roller disco rink and enjoying a drink or game at the Igloo Bubble Bar to renting one of the snow globes. Grab a hot chocolate from the Holiday Cookie and Candy Truck, get a photo with Santa and visit one of the food and drink pop ups. Special holiday-themed Shots in the Night will be offered all during the festival featuring holiday films, music, snacks, and drinks. Winterfest is an evening event, but the exact opening and closing times will vary slightly between 6-11pm. For more information: https://www.visitgreaterpalmsprings.com/coachella-valley/indian-wells/winterfest/

Indian Wells Tree Lighting Ceremony | Dec. 2 from 6-7pm | Indian Wells Golf Resort

Tree Lighting Ceremony to kick off Indian Wells Winterfest. For more information: 760-346-2489 | www.cityofindianwells.org

Palm Springs Festival of Lights Parade | Dec. 2 from 5:45-7:30pm | Palm Canyon Dr. & Ramon Rd.

The City's signature holiday event features twinkling lights, magnificent marching bands, spectacular floats, huge Macy's-style balloons, and Santa Claus of course! Once again, this year the parade will be broadcast live on NBC Palm Springs. For more information: 760-323-8299 | https://www.visitpalmsprings.com/events/palm-springs-festival-of-lights-parade/

Breakfast with Santa | Dec. 2 from 8:30-10:30am | Palm Springs Aerial Tramway

Join Mr. and Mrs. Claus for breakfast, holiday crafts, and storybook readings. Breakfast with Santa tickets are $55 for adults and seniors, and $45 for children (ages 3-10). Tram fare is included. For more information: www.pstramway.com/breakfast-with-santa-returns-to-the-palm-springs-aerial-tramway/ 

Wine ‘n’ Wags | Dec. 2 from 12-4pm | Hyphen, Palm Springs

A wine tasting and adoption event to benefit the Friends of the Palm Springs Animal Shelter. Come meet your new furever friend and enjoy a tasting of over 70 wines, food, plus fashion and more. For more information: www.hyphenpsp.com  

Indio Tamale Festival | Dec. 2-3 | Miles Avenue Park

The festival hosts families who gather to embrace the festive spirit, traditional cuisines, refreshing drinks, and lively entertainment. Today, the festival hosts over 200 vendors, 6 stages of live entertainment, beer gardens, and has hosted over 50,000 patrons per year. For more information: 888-760-0017 / www.indiotamalefestival.com

Come Jingle with Santa! | Dec. 3 from 12-2pm | Downtown Park, Palm Springs

Get a jump on your holiday shopping in Downtown Palm Springs! Meet Santa near the Marilyn Statue in the Downtown Park. For more information: https://www.palmspringsca.gov/Home/Components/Calendar/Event/26242/15?curm=12&cury=2023

Ironman 70.3 | Dec. 3 from 6:30am-2:30pm | Lake Cahuilla, La Quinta

The race starts at Lake Cahuilla and will be going through many streets and by many neighborhoods in La Quinta, until finishing up at the Indian Wells Tennis Garden. For more information: www.ironman.com/im703-indian-wells

Tree Lighting Ceremony at Tramway | Dec. 3 at 5:30pm | Palm Springs Aerial Tramway

Television, stage, and film star Judith Chapman will serve as the Palm Springs Aerial Tramway’s 2023 celebrity tree lighter. Palm Springs High School Choir performing holiday favorites For more information: 760-325-1449 | www.pstramway.com   

Ag Aviation Expo | Dec. 4-7 | Palm Springs Convention Center

Featuring the premiere trade show for agricultural aviation, great networking opportunities and a great lineup of speakers and events! For more information: 202-546-5722 | www.agaviation.org  

First Wednesday Art Walk | Dec. 6 from 5-7pm | 2652 Cherokee Way, Palm Springs

Backstreet is a unique community of artists’ working studios & galleries, and businesses that provides artistic services (reprographic, restorative and framing) in Palm Springs. We have an amazing assortment of original art for all tastes and budgets – paintings, ceramics, photography, mixed media, jewelry, lithography and more by locally, regionally and nationally recognized artists. For moree information: www.backstreetartdistrict.com  

Rock The Park Tribute Bands: Season Three | Dec. 6 from 7-8:30pm | Downtown Palm Springs Park 

The Palm Springs Chamber of Commerce kicks off its Rock The Park Tribute Bands: Season Three with Kenny Cetera's Chicago Experience. Held the first Wednesday of each month through May. Free Admission. January 3rd's concert is The Tribite to Tina Turner by Debby Holiday. From more information: www.pschamber.org/event/rock-the-park-featuring-kenny-ceteras-chicago-experience/

Rancho Mirage Chamber of Commerce Masters Golf Tournament | Dec. 6 from 9am-4pm | Westin Rancho Mirage Golf Resort & Spa

Single Golfer $225, Foursome $800 Includes golf, breakfast and lunch. (Chamber Members) Single Golfer $500, Foursome $1500 Includes golf, breakfast and lunch. (Non Members). For more information: 760-568-9351 | www.RanchoMirageChamber.org  

Desert Hot Springs Parade of Lights & Holiday Festival| Dec. 9 from 5:45-10pm | Palm and Mission Lakes Blvd

Parade starts at Palm and Mission Lakes Blvd. and ends at Palm and 2nd Street. The holiday festival is on Palm and Pierson immediately following the parade. FREE pictures with Santa Claus, food galore, live music, carnival rides, and more!. For more information: 760-329-6411 | https://www.cityofdhs.org/event/parade/

Winter Wonderland in the City | Dec. 9 from 11am-2pm | Palm Springs Convention Center

This event is limited to those students in grades TK-12 who are foster youth or experiencing housing insecurity and attend a Riverside County school district or charter school. The Riverside County Office of Education offers these events each year as a way for our students to have something to look forward to during the holiday season. Registration required. For more information: 951-826-4700 | https://events.bizzabo.com/502124  

Paws ‘N Claus | Dec. 9 from 9am-2pm | The Gardens on El Paseo

A wonderful opportunity to capture memorable photographs of your furry friends with Santa Claus. Bring your dogs and cats (dogs should be leashed, and cats can be in a lightweight carrier) to meet Santa and have their pictures taken. For more information: 760-862-1990 | www.thegardensonelpaseo.com

North Pole Village at SnowFest | Dec. 9 from 1-8pm | Civic Center Plaza, Cathedral City

Snow-Fest captures all the holiday spirit and places it at one event with holiday music, Santa and Mrs. Claus, holiday tree lighting ceremony, food, and a free movie at the Mary Pickford Theatre. “North Pole Village” comes to life in front of City Hall – all lit with holiday lights. For more information: 760-600-0661 | www.discovercathedralcity.com/event/north-pole-village-at-snowfest/

Art on Main Street | Dec. 9 from 10am-4pm | Old Town La Quinta

Art on Main Street features over 100 artists each season showing and selling their paintings, jewelry, mixed media, photography, ceramics, glass, woodwork, textiles, sculptures and more. The shows are a local favorite and an Old Town tradition. They are set amidst Main Street’s charming cafes and boutiques. Come for the art and stay for the day! Premiere Sponsor is The City of La Quinta. Admission, parking and entertainment are free. For more information: 760-600-0758 | www.oldtownlaquinta.com/art-on-main-street/

The Lofts Art Walk | Dec. 9 Every 2nd Saturday from 5-8pm | The Lofts Art District, Palm Springs

Visitors have the opportunity to explore the various galleries and studios, interact with artists, and view a wide array of artwork. For more information: www.facebook.com/p/The-Lofts-Arts-District-100085460859372  

Santa Visit at Tramway’s Mountain Station | Dec. 9 from 11am-3pm | Palm Springs Aerial Tramway Santa’s visit in Pines Café is included in general tram fare admission. Children can share their Christmas lists with Santa himself, pose for photos, and receive a free candy cane. For more information: 760-325-1449 | www.pstramway.com  

Friends of the Palm Springs Library Holiday Bazaar | Dec. 9 from 10am-2pm | Palm Springs Public Library Come to the main Library and find special ‘gently-used’ treasures to give as gifts for the holidays; art books, cookbooks, DVDs, CDs, ornaments, gift baskets and puzzles and more. Plus, one-of-a-kind Friends merchandise and great themed gift baskets will all be for sale in the main Library. For more information: 760-323-8299 | www.palmspringsca.gov/Home/Components/Calendar/Event/26378/15

Photos with Santa | Dec. 12 from 4-7pm | Palm Springs Public Library

Come to the Library to see Santa and have your picture taken. Dress in your holiday best and bring your own camera. This is a Family program, and all are invited to attend. For more information: 760-323-8299 | www.palmspringsca.gov Palm Springs Breakfast with Santa Dec. 16 8-11am / Palm Springs Pavilion 760-323-8299 | www.palmspringsca.gov/Home/Components/Calendar/Event/26399/15

Snowtopia | Dec. 19-23 from 6-9:00pm | Palm Springs Air Museum

Each evening Santa Claus and his friends will arrive at the Air Museum to greet all the good little girls and boys who have come to see him. In addition, there will be a playground of 60 tons of real snow, craft making, hot chocolate, smore’s and more! For more information: 760-778-6262 | www.palmspringsairmuseum.org/programs/snowtopia-9/

Fourth Friday Art Walk | Dec. 22from 4-7pm | Perez Art District, Cathedral City

Visitors to the district will have the opportunity to explore the working studios of over 30 talented artists in the H and I Buildings, with an additional 6 artists in the A and C Buildings. The Art Walk offers a unique chance to witness the creative process across a variety of disciplines, including painting, sculpture, photography, and mixed media. For more information: www.facebook.com/ThePerezArtDistrict  

CV Celebrate | Dec. 30 from 3:30-9:30pm | San Pablo & Magnesia, Palm Desert

Everyone is invited as we all come together to celebrate 2023 and everything that makes the Coachella Valley so great! CV Celebrate will be filled to the brim with so many things to do! Food trucks, bars, and many games and activities will also be available to experience. All profits from the event will be benefiting our local YMCA of the Desert. For more information: 442-282-5403 | www.celebratecv.com

First American Title Insurance Company and the operating divisions thereof, The Briggs Group and/or Coldwell Banker Realty make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions

The Briggs Group | Coldwell Banker Realty || Laurie Briggs - DRE# 01896117 | Tim Briggs - DRE# 01898254 | Coldwell Banker - DRE# 00616212

Nov. 26, 2023

Just Listed: Embrace The Desert Lifestyle In This Amatista At Capri Palm Desert Home

Discover the epitome of desert living in this 4-bed, 4-bath home nestled in Amatista at Capri community in Palm Desert. Perfectly situated, it’s a short stroll to Ronald Reagan Elementary School and Freedom Park which offers a plethora of recreational options like pickleball, tennis, baseball, and basketball courts, along with a dog park for furry friends. Spanning 2,219 sq ft on an expansive 13,504 sq ft lot, this residence is a true oasis at the end of a quiet cul-de-sac. The property boasts a detached casita with a private entrance, ideal for guests or as a home office, complete with a full bathroom. The extended driveway enhances convenience and privacy. Experience the pinnacle of energy efficiency with owned Tesla solar panels and an EV charger, a nearly $50k investment, ensuring significant reductions in electricity bills. Additionally, the two battery walls guarantee uninterrupted power supply even during blackouts, offering peace of mind. Seize the opportunity to call this home yours, combining modern amenities, energy savings, and a prime location. Embrace the desert lifestyle in one of the valley's most coveted cities, Palm Desert!

Features Of This Home At A Glance:

  •         Embrace Desert Living At This Amatista At Capri Palm Desert Home
  •         2,219 Sq Ft | 4 Bedrooms | 4 Bathrooms
  •         Spacious 13,504 Sq Ft Lot At End Of Cul De Sac
  •         Large Pool & Spa With Waterfall
  •         Detached Casita With Private Entrance & En-Suite Bathroom
  •         Home Combines Modern Amenities, Energy Savings With A Prime Location
  •         Owned Tesla Solar Panels, 2 Battery Walls & EV Charger
  •         Close To Ronald Reagan Elementary School & Freedom Park With Pickleball, Tennis & Basketball Courts, Baseball Diamonds & A Dog Park

MLS# 219103271 | Listed at $799,000 | Details, photos, virtual tour & floor plan at: http://www.113felice.com

THE BRIGGS GROUP | COLDWELL BANKER | Laurie Briggs – DRE 01896117 | Tim Briggs – DRE 01898254 | Coldwell Banker – DRE 00616212

Posted in Our Listings
Nov. 24, 2023

Just Listed: Remodeled Palm Desert Resort Country Club Retreat

Don't miss this opportunity for resort living in Palm Desert Resort Country Club, with great amenities and stunning mountain and golf course views. This Augusta model end unit is perfect as a primary or second home, or as a vacation rental, since short term rentals (2 Day minimum) are allowed. Start the day with breakfast on the patio under the warmth of the morning sun sparkling off the distant lake. Right across the street is a one of the 20 heated salt water pools/spas spread out across the community. This lovely updated move-in ready home features 2 bedrooms and 2 bathrooms, with newer stainless steel appliances, rich wood kitchen cabinets, newer plantation shutters in the living room and bedrooms and newer tile floors throughout. No popcorn ceilings either! Offered Partially Furnished (subject to inventory). Palm Desert Resort Country Club includes 960 homes, an HOA owned Championship golf course and clubhouse with restaurant, lounge and pro shop, 24-hour guard service, mature trees, lush landscaping and wide greenbelts. Basic cable and internet, roofs, exterior painting and landscaping, pest control and trash are included in the low monthly HOAs. Homeowners are automatically eligible to jump the waitlist and join the active private tennis and pickleball community. Public rates for golf. Don't wait, this home will sell quickly! 

Features Of This Home At A Glance:

  •         Remodeled Palm Desert Resort Country Club Golf Course Condo
  •         1,091 Sq. Ft. | 2 Bedrooms | 2 Bathrooms
  •         North Chocolate Mountain, Golf Course & Club House Views From Back Covered Patio
  •         Remodeled With Vinyl Laminate Floors & Vaulted Ceilings In Main Living Areas
  •         Remodeled Kitchen With Newer Cabinets, Stone Counters & Stainless Steel Appliances
  •         Remodeled Bathrooms With Newer Cabinets, Stone Counters & Fixtures
  •         Plantation Shutters In Living Room & Bedrooms | Gas Fireplace In Living Room
  •         Short Term Rentals (2 Day Minimum ) Allowed

MLS# 219102969 | Listed at $425,000 | Details, photos, virtual tour & floor plan at: http://www.41370inverness.com

THE BRIGGS GROUP | COLDWELL BANKER | Laurie Briggs – DRE 01896117 | Tim Briggs – DRE 01898254 | Coldwell Banker – DRE 00616212

Posted in Our Listings
Nov. 24, 2023

Keith Urban and Train to Headline The America Express Golf Tournament Concert Series

The American Express golf tournament runs from January 15th to January 21st, 2024 at PGA West and La Quinta Country Club. The event organizers promise a new round in the desert with exceptional golf, unforgettable fan experiences, show stopping entertainment, all nestled in the warmth and sunshine of the Coachella Valley. Organizers just announced that the entertainment this year will include concerts featuring Keith Urban (January 19th)and Train (January 20th).

The American Express™ organization, Impact Through Golf strives to provide funding to organizations that support health and wellness, youth sports, family support, education and homelessness. Since the tournament’s inception in 1960, this event has generated more than $65 Million for non-profit organizations in the Coachella Valley.

For more information and tickets, please visit: https://www.theamexgolf.com/

                  

 

THE BRIGGS GROUP | COLDWELL BANKER | Laurie Briggs – DRE 01896117 | Tim Briggs – DRE 01898254 | Coldwell Banker – DRE 00616212

Nov. 20, 2023

Just Listed: Reimagined Palm Valley Country Club Golf Course Condo

Panoramic views of the Chocolate Mountains from this open concept totally upgraded Cottonwood plan.  This 3 bed /2 bath condo draws in the extra light from being a corner unit. Overlooking the 16th fairway of the Championship Course, this condo is offered turnkey furnished, per inventory.  The complete remodel of the kitchen included removing the walls between the kitchen and both the living and dining rooms to create an open concept, with new cabinets, slab granite countertops, tile flooring and custom window.  The focal Living Room fireplace is accented with vaulted ceilings, bright neutral walls and an uninterrupted flow of the tile floors throughout the home and onto the patio. The Primary Bedroom features a private courtyard.  All bathrooms have been updated. Additional upgrades include energy efficient windows with automated outdoor awning, remote controlled indoor window coverings, newer HVAC (2020), water heater and ducting and attached double garage. The extended tiled patio, with BBQ area is creates an ideal space to enjoy unobstructed fairway views; spanning from a pond with a soothing water feature across to steal WESTERN mountain views.  Situated close to the clubhouse and features everything desired for relaxed Desert living.  Amenities: Clubhouse with dining options, fitness club, lap pool/spa, golf, tennis/pickleball and a vibrant social calendar. There are also 46 pools and spas located throughout the community. As an added plus, short term rentals are allowed!

Features Of This Home At A Glance:

  •         Palm Valley Country Club Golf Course Condo
  •         Overlooking 16th Fairway of Palm Valley's Championship Course With Panoramic Chocolate Mountain Views
  •         Cottonwood Model | 1,650 Sq Ft | 3 Bedrooms | 3 Bathrooms
  •         Completely Remodeled With Contemporary Tile Floors & Vaulted Ceilings Throughout
  •         Kitchen Walls Between Living & Dining Rooms Removed & Newer Cabinets & Stone Counter Tops Installed
  •         Remodeled Bathrooms With Newer Cabinets, Stone Counter Tops & Tiled Showers
  •         Turnkey Furnished Including Golf Cart | Short Term Rentals Allowed
  •         Newer HVAC, Tankless Hot Water Heater & Double Pane Windows

MLS# 219102932 | Listed at $700,000 | Details, photos, virtual tour & floor plan at: http://www.76696chrysanthemum.com

THE BRIGGS GROUP | COLDWELL BANKER | Laurie Briggs – DRE 01896117 | Tim Briggs – DRE 01898254 | Coldwell Banker – DRE 00616212

Posted in Our Listings
Nov. 9, 2023

Open House: Remodeled Palm Valley Country Club Golf Course Condo With Double Fairway & Mountain Views | November 12th

Remodeled Palm Valley Country Club Golf Course Condo With Double Fairway & Mountain Views

OPEN HOUSE: Sun. Nov. 12th from 11AM to 2PM | 76222 Sweet Pea Way, Palm Desert (Palm Valley Country Club)

This beautifully reimagined Sycamore model end unit features an extended and tiled west facing back patio overlooking the 4th and 8th fairways of the Ted Robinson Jr. Championship Course, with Mount San Jacinto and the Santa Rosa Mountains as a backdrop. Inside you will find a tastefully remodeled interior with an open floor plan great room, modern kitchen with stylishly refinished cabinetry, Caesarstone countertops and stainless-steel appliances. Community amenities include fitness club, 46 pools and spas, golf, tennis/pickleball, dining and a vibrant social calendar.

Features Of This Home At A Glance:

  •         Remodeled Palm Valley Country Club Golf Course Condo
  •         West Facing, Extended & Tiled Rear Patio With Built In BBQ
  •         Panoramic Double Fairway Golf Course & Mountain Views
  •         2,198 Sq Ft, 3 Bedroom, 3 Bathroom Sycamore Model End Unit
  •         Open Floor Plan With Vaulted Ceilings & Plank-Look Tile Floors In Main Living Areas
  •         Remodeled Kitchen With Caesarstone Counters & Stainless Steel Appliances
  •         Primary Bedroom With En-Suite Bathroom & Extra Office/Den Space
  •         Two Car + Golf Cart Attached Garage
  •         46 Community Pools & Spas, 16 Tennis Courts, 2 Golf Courses & Large 100,000 Sq Ft Clubhouse

MLS# 219093004 | Listed at $769,900 | Details, photos, virtual & video tours & floor plan at: http://viewlisting.info/110217 

The Briggs Group | Coldwell Banker | Laurie Briggs – DRE# 01896117 | Tim Briggs – DRE# 01898254 | Coldwell Banker – DRE# 00616212

Posted in Our Listings
Nov. 8, 2023

Open House: Stunning Mira Vista Golf Course Home | November 11th

OPEN HOUSE: Striking Golf Course Home In Rancho Mirage’s Guard-Gated Mira Vista Community | Saturday November 11th from 11:00 AM to 2:00 PM | 45 Vista Encantada, Rancho Mirage

Fresh new paint makes this home a blank canvas in which to create your desert dream home. Located inside Rancho Mirage’s guard-gated Mira Vista community, this spectacular home overlooks the first fairway of the Mission Hills North Gary Player Signature Course. Some features of this home:

  • 4,057 Sq Ft, 3 Bedrooms + Office/Optional 4th Bedroom | 3.5 Bathrooms | 13,939 Sq Ft Lot
  • Great Curb Appeal with Stacked Stone Accents & Wood-Look Garage Doors        
  • Beautiful Golf Course & Mountain Views With No Homes Located Across The Fairway From This Home
  •         Open Floor Plan Great Room Combining Foyer, Living & Dining Rooms, Kitchen & Breakfast Nook
  •         Interior Recently Painted
  •         Living Room Features A Circular Conversation Area, Wet Bar & Gas Fireplace
  •         Primary Bedroom Suite Includes Sleeping Area, Sitting Area, 2 Walk-In Closets & En-Suite Bathroom With Separate Tub & 2 Person Shower
  •         Guest Wing With 2 Bedrooms (Each With An En-Suite Bathroom) & Media/Family Room
  •         Backyard Includes Large Pool/Spa & Large Covered Patio With Commercial Quality Heaters & Misting System
  •         Double Car Attached Garage & Single Car Detached Garage Both With Epoxy Floors

MLS# 219090469 | Listed at $1,425,000 | Details, photos, video & virtual tours & floor plan at: http://www.45vistaencantada.com

The Briggs Group | Coldwell Banker Realty | Laurie Briggs - DRE# 01896117 | Tim Briggs – DRE# 01898254 | Coldwell Banker Realty – DRE# 00616212

Posted in Our Listings
Nov. 6, 2023

October 2023 Coachella Valley Residential Real Estate Market Update

(Please click on the above image to view our YouTube Shorts video)

Our local real estate market experts, Market Watch LLC, have just released their October 2023 Desert Housing Report. Some highlights:

COACHELLA VALLEY OCTOBER HOME SALES RECOVERY: This chart shows where current home sales are as a percent of historic norms over the years 2016 through 2019. For example, at the height of the pandemic in January of 2021, sales were 59.5% above the norm. Sales fell to 34.7% below normal by January of 2023 but then began to improve until May. Coachella Valley home sales in October were running 30.8% below the historic norms. Market Watch stated that this is almost entirely due to higher interest rates and the digesting of the excess housing demand created by low interest rates during the Covid pandemic.

COACHELLA VALLEY OCTOBER DETACHED HOME MEDIAN PRICE: The median price of a detached home in the Coachella Valley ended October at $642,450 (down 2.7% from $660,000 in October 2022). Market Watch felt that the decline in the detached home median price over the last five months was primarily seasonal. They went on to state that October may be the start of the seasonal pattern where detached home median prices begin to rise in October and continue to increase until April. However, with home inventory rising and home sales remaining low, they felt that supply and demand was beginning to slowly favor buyers.

COACHELLA VALLEY OCTOBER ATTACHED HOME MEDIAN PRICE: The median price of an attached home in the Coachella Valley at the end of October was $435,000 (unchanged from September but down 4.4% from $455,000 in October 2022). Market Watch noted that if the normal seasonal pattern were to continue, attached home median prices should increase moving into the new year. 

COACHELLA VALLEY 12 MONTH CHANGE IN THE PRICE OF THE AVERAGE SIZE HOME BY CITY: In October, year over year price changes for detached homes ranged from an increase of 11% for the 2,500 sq ft average size home in Bermuda Dunes to a decline of 9.3% for the average size 1,700 sq ft home in Coachella. In October, the price of the average size attached home increased in 6 Coachella Valley cities, ranging from an increase of 13.9% for the 1,950 sq ft average size attached home in Indian Wells to an increase of 1.3% for the 1,050 sq ft average size attached home in Indio. The price of the average size home decreased in 3 Coachella Valley cities, ranging from a decrease of 4.6% for the 1,600 sq ft average size attached home in Palm Desert to a decrease of 14.8% for the 750 sq ft average size attached home in Desert Hot Springs.

COACHELLA VALLEY OCTOBER MONTHLY HOME SALES (3-MONTH TRAILING AVERAGE): Monthly home sales continued to decline in the Coachella Valley in October. The three-month average of home sales was 513 units in October (down 19 home sales or 3.6% from 532 home sales in September and down 53 homes sales or 9.4% from 566 home sales in October 2022). Market Watch noted that because of the seasonal nature of home sales, it's difficult to assess where home sales stand on a historical basis, however the Sales Recovery chart shows that home sales over the last four months are running about 30.8% below normal.

COACHELLA VALLEY OCTOBER MINTHLY HOME SALES (12-MONTH TRAILING AVERAGE): - The 12-month average of home sales, which takes out seasonality from the home sales data, shows total monthly home sales averaging 599 homes per month in October (down 25.3% from 802 average home sales per month in October 2022). Market Watch stated that while long-term average home sales have been flattening out over the last seven months and while they think that the worst is over, they continue to believe that Coachella valley home sales won’t recover until mortgage rates come down to the 5% range from their current level of 7.5%.

COACHELLA VALLEY OCTOBER HOME SALES BY CITY: In October, every Coachella Valley city other than Cathedral City, Coachella, Desert Hot Springs and Rancho Mirage had lower three-month average home sales compared to last year. In Rancho Mirage in October, average home sales were 56 homes per month (up 16.7% from October 2022). The cities with the largest average home sales declines year-over-year in October were Indio and La Quinta, with sales down roughly 20% each year-over-year.

COACHELLA VALLEY OCTOBER HOME SALES BY PRICE RANGE: Market Watch noted that home sales were generally lower in all price ranges but with no distinct pattern (i.e., home sales in some price ranges were higher, some lower and some the same as in October 2022). Market Watch did note that sales of homes priced over one million dollars were about the same as last year.

COACHELLA VALLEY NOVEMBER 1ST TOTAL HOME INVENTORY: On November 1st, Coachella Valley home inventory was 2,110 homes (up 348 units or 19.8% from 1,762 homes on October 1st but only up 62 homes or 3.0% from 2,048 homes on November 1st, 2022). Market Watch noted that while the increase in inventory from October 1st was larger than most increases in October, current home inventory is still about 1,000 homes under what is normal for this time of year. Market Watch expects the seasonal increase in inventory to continue for the next three to four months.

COACHELLA VALLEY NOVEMBER 1ST REGIONAL MONTHS OF SALES RATIO: On November 1st, the Coachella Valley’s months of sales ratio was 3.5 months (up 0.4 months from October 1st and up 0.9 months from November 1st, 2022). Market Watch noted that the months of supply ratio is a fundamental measure of supply and demand and felt that 3.5 months was a level that was somewhat normal. Thay noted that while home inventory is below normal, so are home sales, so the numbers counterbalance one another producing a somewhat normal months of sales ratio.

COACHELLA VALLEY NOVEMBER 1st MONTHS OF SALES RATIO BY PRICE RANGE: Market Watch noted that the months of sales ratio was above year ago levels in every price range. Further, the increase in months of sales ration over last year was about the same in all price brackets, indicating that there were no distortions in supply and demand in any price range.

COACHELLA VALLEY NOVEMBER 1ST MONTHS OF SALES RATIO BY CITY: The months of sales ratio on November 1st was higher that year ago levels in every Coachella Valley city other than Coachella. Market Watch felt that this data indicated that supply and demand were balanced in every Coachella Valley city.

COACHELLA VALLEY OCTOBER REGIONAL DAYS IN THE MARKET: At the end of October, the median number of days in the market in the Coachella Valley was 37 days (one day less than in September and two days more than in October 2022). Market Watch stated that because of growing home inventory, they thought that the median selling time would stay around current levels and possibly rise a little over the next six months.

COACHELLA VALLEY OCTOBER DAYS IN THE MARKET BY CITY FOR DETACHED & ATTACHED HOMES: In October, Coachella continued to have the lowest median selling time for detached homes at 27 days (down from 35 days one year ago), followed by Palm Springs at 32 days (down from 36 days in October 2022) and Cathedral City at 35 days (up from 34 days in October 2022). In October, Desert Hot Springs continued to have the shortest median selling time at for attached homes at 28 days (up from 24 days one year ago), followed by Palm Springs at 33 days (up from 31 days in October 2022) and Indio at 34 days (up from 30 days in October 2022).

COACHELLA VALLEY OCTOBER PERCENTAGE OF HOMES SELLING ABOVE LIST PRICE: In October, 16.5% of sales sold above list price (compared to 21.7% in October 2022). Market Watch expects the percentage of homes selling above list price to remain around current levels moving into fall and winter and as inventory grows.

COACHELLA VALLEY OCTOBER AVERAGE SALES PRICE DISCOUNTS FROM LIST PRICE BY CITY: In October, detached homes on average sold at a discount in every Coachella Valley city, ranging from a selling discount of -0.7% in Coachella (up from 0.0 in October 2022) to -4.1% in Bermuda Dunes (ip from +0.5% in October 2022). Similarly, in October attached homes on average sold for a discount in every Coachella Valley city, ranging from a selling discount of 1.6% in Palm Springs (up from -0.8% in October 2022) to -3.3% in La Quinta (up from -2.9% in October 2022).

The Briggs Group / Coldwell Banker Realty | Laurie Briggs DRE 01896117 | Tim Briggs DRE 01898254 | Coldwell Banker Realty DRE 00616212

Posted in Market Updates
Oct. 31, 2023

OPEN HOUSE: Striking Golf Course Home In Rancho Mirage’s Guard-Gated Mira Vista Community | Nov. 4th & 5th

OPEN HOUSE: Striking Golf Course Home In Rancho Mirage’s Guard-Gated Mira Vista Community | WHEN: Saturday & Sunday, November 4th & 5th , from Noon to 3:00 PM | WHERE: 45 Vista Encantada, Rancho Mirage

See this home as a part of the Coldwell Banker Coachella Valley Tour of Homes this coming weekend. Fresh new paint and fresh new price, this home is blank canvas from which to create your desert dream home. Located inside Rancho Mirage’s guard-gated Mira Vista community, this spectacular 4,057 square feet, 3 bedroom, 3.5 bathroom home overlooks the first fairway of the Mission Hills North Gary Player Course. Some features of this home: 

  •         4,057 Sq Ft, 3 Bedrooms + Office/Optional 4th Bedroom | 3.5 Bathrooms | 13,939 Sq Ft Lot
  •         Great Curb Appeal with Stacked Stone Accents & Wood-Look Garage Doors
  •         Beautiful Golf Course & Mountain Views With No Homes Located Across The Fairway From This Home
  •         Open Floor Plan Great Room Combining Foyer, Living & Dining Rooms, Kitchen & Breakfast Nook
  •         Interior Recently Painted
  •         Living Room Features A Circular Conversation Area, Wet Bar & Gas Fireplace
  •         Primary Bedroom Suite Includes Sleeping Area, Sitting Area, 2 Walk-In Closets & En-Suite Bathroom With Separate Tub & 2 Person Shower
  •         Guest Wing With 2 Bedrooms (Each With An En-Suite Bathroom) & Media/Family Room
  •         Backyard Includes Large Pool/Spa & Large Covered Patio With Commercial Quality Heaters & Misting System
  •         Double Car Attached Garage & Single Car Detached Garage Both With Epoxy Floors

MLS# 219090469 | Now listed at $1,425,000 | Details, photos, video & virtual tours & floor plan at: http://www.45vistaencantada.com

The Briggs Group | Coldwell Banker Realty | Laurie Briggs - DRE# 01896117 | Tim Briggs – DRE# 01898254 | Coldwell Banker Realty – DRE# 00616212

Posted in Our Listings