Hot Desert Real Estate Information & News

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

 

 

New Price

Cute Palm Desert Greens Country Club Manufactured Home With Greenbelt, Golf Course & Mountain Views. Read More...

Calendar of Events 2021

October 2021 Coachella Valley Calendar Of Events. Looking for some things to see and do in October? Read More...

 

Just Listed Move in Ready Bermuda Dunes Home 3 Bedroom 2 Bathroom

Our local residential real estate market experts Market Watch LLC have just released their August 2021 Desert Housing Report. Some highlights: Read More...

August 2021 Coachella Valley Residential Real Estate Market Update

Our local residential real estate market experts Market Watch LLC have just released their August 2021 Desert Housing Report. Some highlights: Read More...

 

Just Listed: Unique Desert Oasis with 100+ Medjool Date Palms

Built as a forever home, this unique Thousand Palms acreage is perfect for investors looking for a short term vacation rental... Read More...

Coming Soon: Unique Central Palm Springs Pied-A-Terre to Downtown

Location, location, location in the Central Palm Springs area. One of just a handful of units in the Villa Alejo complex with its own large front patio overlooking the courtyard pool and spa. Read More...

Oct. 1, 2022

October 2022 Coachella Valley Calendar Of Events

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

Hard to believe but October is here already. So, before any more of the month gets away from us, thought we’d share this October Calendar of Events, courtesy of our fun loving colleagues at First American Title, Catherine, Dawn & Valori:

Coachella Valley Battle in the Desert | Oct. 1 from 7 to 11pm | Cathedral City Community Amphitheater

Watch the sport of amateur boxing. All ringside tables are Sold Out but General admission tickets will be available at the door. For more information: 760-335-8895 | www.facebook.com/BattleintheDesert

Oktoberfest at PS Air | Oct. 1 from 4 to 7pm | PS Air Bar & Lounge

German beer, wine, food and more. Bring your dirndle and leiderhosen for some fun. $50 includes a one liter glass beer stein with two fills. Also wine tasting, food, fun...all in the Oktoberfest Tent. For more information: 760-327-7701 | www.psairbar.com

Pride Under the Pines | Oct. 1 from 12 to 9pm | The Rustic Theater, Idyllwild

Features Outdoor Activities, Round-Trip Luxury Bus from Palm Springs & Interactive Screening of The Birdcage. Special Channel Q VIP Lounge ticket includes complementary open bar. For more information: www.prideunderthepines.com

Archaeopalooza | Oct. 1 from 9am to 2pm | Copper Mountain College, Twentynine Palms

A free, family friendly program in Joshua Tree, Archaeopalooza, to celebrate California Archaeology month. There will be community outreach tables in the gymnasium and ongoing lectures in the adjoining lecture hall. Activities for children include a "dig box" provided by the Archaeology Division at the 29 Palms Marine Corps Base, ceramic pinch pot demonstrations by Tony Soares, and educational games with rangers from Joshua Tree National Park. For more information: 760-367-5525 | www.joshuatree.org

National Night Out with Indio Police | Oct. 4 from 6 to 8:30pm | Indio City Hall

Provides an opportunity for the community to meet and interact with members of the Indio Police Department. The free, family-friendly event celebrates the city while allowing visitors to learn more about Indio Police and partner agencies, including Imperial Irrigation District, SoCalGas, Desert Recreation District, and many other community organizations. For more information: 760-391-4000 | https://www.indio.org/news/displaynews.htm?NewsID=1279&TargetID=48

First Wednesday Art Walk | Oct. 5 from 5 to 8pm | Backstreet Art District, 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 more information: www.backstreetartdistrict.com

La Quinta State of the City, Business Awards & Expo | Oct. 6 from 4 to 8:30pm | La Quinta Resort and Club

This annual event offers a review of economic activity from the previous year, as well as future development and plans significant to the business community. Mayor Linda Evans will be the featured speaker for this event along with the La Quinta City Council. Local business professionals will be recognized for professional accomplishment and significant contributions to their community. Among the categories honored will be Business of the Year. Attendees will experience a Taste of La Quinta, featuring five unique food stations by the chefs of the resort. The outdoor evening event will have live music and fireworks as a grand finale and celebration of the City of La Quinta’s 40th Anniversary. For more information: 760-347-0676 | https://gcvcc.org/events/

Palm Desert Concerts in the Park | Oct. 6, 13, 20, 27 from 6-7:30pm | Civic Center Park Amphitheater

Every Thursday in October featuring a variety of talented musical acts designed to please music lovers of all ages and tastes.  Catch Pat Benatar & Neil Giraldo tribute band “We Belong” on Oct. 6th, enjoy Motown, R&B, Soul, Funk & Dance music from “Blue Breeze Band” on Oct. 13th, listen to vintage rock n’ roll from “The Dreamboats” on Oct. 20th and last but not least, experience 70s tribute band “Pop Rebels Band” on Oct. 27th. For more information: 760-568-1441 | https://www.cityofpalmdesert.org/Home/Components/News/News/16540/17

Joshua Tree Music Festival | Oct. 6-9 Various Times | Joshua Tree Lake Campgound

Joshua Tree Music Festival (JTMF) is a resource-generating powerhouse of passionate creativity, community empowerment, and arts education for all ages. A family inclusive global music experience in the magical Mojave. The music is diverse and eclectic, from dance-world-electro-funk’n groove to soulful global-ethno melodies. JTMF promotes personal growth through a variety of multidisciplinary workshops, such as yoga and movement, visual arts, music, and myth. A robust schedule of Kidsville activities makes JTMF one of the top family-friendly festivals in the country. Magnificent art installations and a world market further inspire, intrigue, and invite festival goers. For more information: 760-366-1213 | https://joshuatreemusicfestival.com/oct-2022-event-info/

Paint El Paseo Pink | Oct. 8 Kick off at 7:30am Walk Starts at 8am | El Paseo, Palm Desert

This is a special day to honor and remember breast cancer survivors, including those currently battling the disease, and those whose journeys were cut short by cancer. Together, participants will celebrate, shout out, cheer, shed tears, and step up for cancer awareness and raise funds for cancer care. All proceeds raised from Paint El Paseo Pink will benefit Desert Cancer Foundation’s Patient Assistance Programs for cancer screening, diagnostic and treatment services for local valley residents who are uninsured, under-insured and in need of financial assistance. For more information: 760-773-6554 | https://paintelpaseopink.org/

HWY 62 Open Studio Art Tours | Oct. 8-9, 15-16, 22-23 from 10am to 5pm | Joshua Tree National Park

The annual HWY 62 Open Studio Art Tours is a one-of-a-kind experience for art lovers and art buyers to create a free customized self-guided tour of artist studios across the Morongo Basin communities: Morongo Valley, Yucca Valley, Pioneertown, Rimrock, Flamingo Heights, Landers, Joshua Tree, 29 Palms and Wonder Valley. Over three weekends October 8-9, 15-16 and 22-23, with studios open from 10:00 am - 5:00 pm visitors can experience the workplaces, lifestyles, and desert settings of artists who’ve been drawn to the area and made homes here over the last 50 years. The HWY 62 Open Studio Art Tours allows visitors to enjoy the beauty of the high desert, immerse themselves in its creative community and the opportunity to acquire art directly from local artists and makers. With the influx of many new artists to the high desert, this year promises a wide diversity of mediums, styles and prices. The event is free and open to everyone. For more information: https://www.mbcac.org/pages/hwy-62-open-studio-art-tour

Coffee with a Cop | Oct. 12to from 8 -10am | Indian Wells Golf Resort

This is your opportunity to ask questions, voice concerns and get to know the officers that protect the Indian Wells community. For more information: 760-346-2489 | https://www.cityofindianwells.org/Home/Components/Calendar/Event/517/123

Modernism Week | October Oct. 13-16 - See website for schedule | Downtown Palm Springs

“Mini-Modernism Week” featuring more than 50 events, including tours, talks, and parties in unique locations not regularly open to the public. It also includes the Palm Springs Modernism Show & Sale Fall Edition, including an opening night preview party on Oct. 14, offering attendees a cocktail reception, live music and an exclusive first chance to shop at the show before it opens to the public. The Show & Sale continues Oct. 15-16 and will feature more than 40 premier national and international decorative and fine arts dealers. For more information: www.modernismweek.com

Dia De Los Muertos Festival | Oct. 15 from 4 to 9pm | Desert Hot Springs Recreation Center

Come to Desert Hot Springs for a fun-filled day with face painting, crafts, vendors, food, music, and a lowrider showcase. Free admission! Altars created by local organizations will be on display. Bring a picture, candle or belongings of a loved one. Come dressed up in your Catrina costume. For more information: 760-275-3701 | https://www.cityofdhs.org/event/city-of-desert-hot-springs-dia-de-los-muertos-festival/

Yum Food Fest | Oct. 15 from 2 to 10pm | The Shops at Palm Desert

This must attend event for all foodies will feature food trucks, food pop-ups, sweets & treats, drinks, and culture/artisan vendors. Yum Fest will also feature a kids zone, live music from your favorite DJs, bands, and entertainers. Also available will be a full bar for those 21+. For more Information; ww.yumfoodfest.com

Palm Springs Welcomes You Back Fashion Show | Oct. 21 from 11am to 2pm | Eight4Nine Restaurant & Lounge, Palm Springs

Come in from the heat and enjoy a cool lunch at 849 Restaurant. Donations go to help support California Paws Rescue. View some Hot new clothes on our Hot Models. 25% of Lunch proceeds will also benefit California Paws Rescue. For more information: 760-325-8490 | www.eight4nine.com

Palm Springs Aerial Tram Road Challenge | Oct. 22 from 6:30am to 12:30pm | 1 Tram Way, Palm Springs

Climb from the Desert to the Mountains at the Palm Springs Aerial Tram Road Challenge. Start at 700 feet above sea level and make your way up the famous Tram Road to the Valley Station, climbing over 1800 feet in 3.7 miles. For more information: https://www.letsdothis.com/us/e/palm-springs-aerial-tram-road-challenge-191999

City of Indian Wells Shred Event | Oct. 29 from 7 to 11am | Burrtec Parking Lot: 41575 Eclectic St., Palm Desert

Please note that proof of current Indian Wells residency or business is required and a maximum of 4 banker-sized boxes per vehicle will be accepted. For more information: 760-346-2489 | https://www.cityofindianwells.org/Home/Components/Calendar/Event/445/144

Desert AIDS Walk | Oct. 29 from 7:30am to 1pm | Ruth Hardy Park, Palm Springs

The Coachella Valley’s largest gathering of HIV advocates comes together to walk toward ending the HIV and AIDS epidemics in the Coachella Valley and to promote health equity and health justice. For more information: 760-323-2118 | www.daphealth.org/desertaidswalk

Chili Cook-Off and Car Show | Oct. 29 from 10am to 4pm | Palm Springs Air Museum

Burn rubber to come on over to see some awesome rides and enjoy a tasting of various chili offerings for the Museum’s volunteer's secret recipes. It will be a ghoulish feast for the eyes and the tummy. For more information:  760-778-6262 | www.palmspringsairmuseum.org

Tejano Music Festival | Oct. 29 from 5 to 10pm | Cathedral City Community Amphitheater

Featuring the best Tejano music, fiesta food and spirits. The festival will feature a night of Grammy Award Winning Bands including Rick Fuentes and the Brown Express, Hugo Guerrero, as well as other awarding-winning bands such as Tejano Highway 281, and local Tejano favorite Chalito Zapata y Los Traviesos. Just Added! Hector Gonzalez, formally of the 2 G’s, making his comeback and start of his solo career. For more information: 760-770-0396 | www.TejanoMusicFest.com

Gather at the Gardens | Oct. 29 from 2 to 6pm | Gardens on El Paseo

An afternoon of Fall fun, food, contests and activities for all ages. For more information: 760-862-1990 | www.thegardensonelpaseo.com

Howl-O-Ween | Oct. 29-30 from 9am to 3pm | The Living Desert Zoo and Gardens, Palm Desert

Children are encouraged to dress up in their favorite costumes. Activities to include a self-guided scavenger hunt and you will be able to see your favorite animals enjoying a special pumpkin enrichment experience during your visit. In place of trick-or-treating they will be handing out pre-stuffed Boo in a Bag treat bags to children ages 12 and under, while supplies last. For more information: 760-346-5694 | www.livingdesert.org

Golf Cart Parade | Oct. 30 from 9am to 3pm | El Paseo, Palm Desert

Festivities start at 9am with a fly over by the Palm Springs Air Museum at 12pm to kick off the parade! NFL legend and recent Pro Football Hall of Fame Inductee, Tom Flores and his wife Barbara, will be the 2022 Golf Cart Parade Grand Marshals. The theme for this year’s festivities is Masquerade Party. The PDACC is excited to celebrate with our amazing local community with delicious food, a delightful parade, and great kids Halloween fun! For more information: 760-346-4924 | www.pdacc.org

Cathedral City Halloween Spooktacular | Oct. 30 from 12 to 3pm | Civic Center Plaza

Features trick or treating with over 40,000 pieces of candy! Join friends, neighbors, and family for a Spooktacular time including activities such as Halloween costume contests (two bikes given away each hour), police and fire exhibitions, music, and family games. Halloween Spooktacular provides you with information about the police and fire departments, to view special demonstrations, and get to know the men and women who serve you on a daily basis. Free admission. Free parking. For more information: 760-770-0396 | www.discovercathedralcity.com

The Briggs Group | Laurie Briggs - DRE# 01896117 | Tim Briggs - #01898254 | COMPASS - DRE# 01991628

First American Title Insurance Company, and the operating divisions thereof, The Briggs Group and/or Compass make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions.
Sept. 22, 2022

Open House: Stylish Golf Course Home Located In Rancho Mirage’s Mira Vista Community | September 24th

Open House: Stylish Golf Course Home Located In Rancho Mirage’s Mira Vista Community | When: Saturday September 24th from 2PM to 4PM | Where: 45 Vista Encantada, Rancho Mirage

Come on out to our open house this Saturday afternoon to see this stylish 4,057 square feet, 3 bedroom + office, 4 bathroom home, located inside the guard-gated Mira Vista community in Rancho Mirage. The home sits on a large 13,939 sq ft lot overlooking the first fairway of the Mission Hills North Gary Player Signature Course. Inside, a rotunda-shaped foyer leads to an expansive great room, with a designer wet bar, stone faced fireplace, unique circular sitting area, large dining area and open kitchen with both breakfast bar and breakfast nook. The kitchen has newer stylish cabinetry, stone counter tops and backsplash, a built-in stainless-steel refrigerator, center island with eating bar and  a breakfast nook. The primary bedroom suite features an oversized bedroom, sitting area, a large dressing area, double walk-in closets, a spa tub and large roman shower. The home also offers an oversized home office and media room. The front exterior of the home has great curb appeal with the stacked stone façade, a long driveway and both double and single car garages. The rear yard is perfect for relaxed outdoor desert living with an expansive covered patio with built-in gas heaters, a misting system, a pebble-finish pool & spa backed by a stacked stone privacy wall, and stunning golf course and mountain views. 

MLS# 219082704 | Listed at $1,750,000 | Details, photos, video & virtual tours & floor plan at: http://www.45vistaencantada.com

Laurie Briggs - DRE# 01896117 | Tim Briggs – DRE# 01898254 | COMPASS – DRE# 01991628

Posted in Our Listings
Sept. 22, 2022

Open House: South Palm Desert Character Home With Large Lot & Spacious Detached Casita | September 24th

Open House: South Palm Desert Character Home With Large Lot & Spacious Detached Casita | When: Saturday September 24th from 10 AM to NOON | Where: 73304 Willow St, Palm Desert

Please stop by this Saturday morning to see this unique South Palm Desert character home. This fabulous 2,810 sq ft, 4 bedroom, 4 bathroom home has been meticulously remodeled. It features slump stone block exterior walls, high white-washed vaulted ceilings, completely remodeled kitchen with newer custom cabinets, stone counters and stainless steel appliances, completely remodeled bathrooms, plank look tile floors in the main living areas, plush carpet in the bedrooms and newer windows, water heater, HVAC systems and evaporative cooler. One of the bedrooms is a detached casita with over 500 sq ft of living space that offers large sitting and bedroom areas, a kitchenette and a remodeled bathroom. The home sits on a large 0.41 acre (17,860 sq ft) lot, with mature citrus trees, large replastered pool, plenty of patio space for entertaining family and friends, a recently rebuilt gazebo, a gated and graveled side yard for car, boat or RV parking, all with stunning western Santa Rosa Mountain views.

MLS# 219082136 | Listed at $1,495,000 | Details, photos, virtual & video tour & floor plan at: http:///www.73304willow.com

Laurie Briggs | CalDRE# 01896117 | Tim Briggs - CalDRE# 01898254 | COMPASS - CalDRE# 01991628

Posted in Our Listings
Sept. 16, 2022

Open House: Fabulous Unique South Palm Desert Home With Large Lot & A Spacious Detached Casita | When: Sunday September 18th

Open House: Fabulous Unique South Palm Desert Home With Large 17,860 Sq Ft Lot And A Spacious Detached Casita | When: Sunday September 18th from 2 PM to 4 PM | Where: 73304 Willow St, Palm Desert

Come over this Sunday to see this very unique home, located in desirable South Palm Desert. This fabulous 2,797 sq ft, 4 bedroom, 4 bathroom home has been meticulously remodeled. It features block exterior walls, high white-washed vaulted ceilings, completely remodeled kitchen with newer custom cabinets, stone counters and stainless steel appliances, completely remodeled bathrooms, plank look tile floors in the main living areas, plush carpet in the bedrooms and newer windows, water heater, HVAC systems and evaporative cooler. One of the bedrooms is a detached casita with over 500 sq ft of living space that offers large sitting and bedroom areas, a kitchenette and a remodeled bathroom. The home sits on a large 0.41 acre (17,860 sq ft) lot, with mature citrus trees, large replastered pool, plenty of patio space for entertaining family and friends, a recently rebuilt gazebo, a gated and graveled side yard for car, boat or RV parking, all with stunning western Santa Rosa Mountain views.

 

MLS# 219082136 | Listed at $1,495,000 | Details, photos, virtual & video tour & floor plan at: http:///www.73304willow.com

Laurie Briggs  - DRE# 01896117 | Tim Briggs - DRE# 01898254 | COMPASS - CalDRE# 01991628

Posted in Our Listings
Sept. 16, 2022

Open House: Stylish Golf Course Home Located In Rancho Mirage's Mira Vista Community | Sunday September 18th

Open House: Stylish Golf Course Home Located In Rancho Mirage’s Guard-Gated Mira Vista Community | When: Sunday September 18th from 10 AM to NOON | Where: 45 Vista Encantada, Rancho Mirage

Come to our open house this Sunday to see this stylish 4,057 square feet, 3 bedroom + office, 4 bathroom home, located inside the guard-gated Mira Vista community in Rancho Mirage. The home sits on a large 13,939 sq ft lot overlooking the first fairway of the Mission Hills North Gary Player Course. Inside, a rotunda-shaped foyer leads to an expansive great room, with a designer wet bar, stone faced fireplace, unique circular sitting area, large dining area and open kitchen with both breakfast bar and breakfast nook. The kitchen has newer stylish cabinetry, stone counter tops and backsplash, a built-in stainless-steel refrigerator, center island with eating bar and  a breakfast nook. The primary bedroom suite features an oversized bedroom, sitting area, a large dressing area, double walk-in closets, a spa tub and large roman shower. The home also provides an oversized home office and media room. The front exterior of the home has great curb appeal with the stacked stone façade, a long driveway and both double and single car garages. The rear yard is perfect for relaxed outdoor desert living with an expansive covered patio with built-in gas heaters, a misting system, a pebble-finish pool & spa backed by a stacked stone privacy wall, and stunning golf course and mountain views. 

MLS# 219082704 | Listed at $1,750,000 | Details, photos, video & virtual tours & floor plan at: http://www.45vistaencantada.com 

Laurie Briggs - DRE# 01896117 | Tim Briggs – DRE# 01898254 | COMPASS – DRE# 01991628

Posted in Our Listings
Sept. 12, 2022

Stagecoach Lineup Released & Pass Sales Start September 16 at 10AM PT

Goldenvoice, the organizer behind the Stagecoach, billed as California’s Country Music Festival, has announced the lineup for Stagecoach 2023 (to be held April 28th-30th, 2023 at the Empire Polo Grounds in Indio). Headliners are Luke Bryan on Friday April 28th, Kane Brown on Saturday April 29th and Chris Stapleton on Sunday April 30th. They also announced that passes will go on sale starting Friday September 16th at 10 PT.

 

For more information and passes, please visit the official website at stagecoachfestival.com

 

Laurie Briggs – DRE# 01896117 | Tim Briggs – DRE# 01898254 | COMPASS – DRE# 01991628

Sept. 10, 2022

August 2022 Coachella Valley Residential Real Estate Market Update

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

Our local Coachella Valley real estate market experts, Market Watch LLC, are out with their August 2022 Desert Housing Report. Some highlights:

COACHELLA VALLEY DETACHED HOME MEDIAN PRICE: The median price of a detached home in the Coachella Valley in August was $682,000. While this is down from the detached home median price of $710,000 in July, it is still an increase of 17.4% from the detached home median price of $581,500 in August 2021. Market Watch noted that this time of the year is historically a seasonal period where home prices usually slow or even decline. They felt that while some of this decrease in the detached home median price was seasonal, most of the decrease reflects the general corrective turn that is occurring in home prices everywhere.

COACHELLA VALLEY ATTACHED HOME MEDIAN PRICE: The median price of an attached homes in the Coachella Valley in August was $467,500. While this is down from the attached home median price of $479,500 in July, it is still an increase of 25.2% from the attached home median price of $373,500 in August 2021. Market Watch pointed out that historically, seasonal price corrections of roughly 10% usually occur in the Coachella Valley attached home market during summer. Market Watch acknowledged that it is difficult to distinguish this seasonal price decrease from a real price correction, but they stated that they would not be surprised to see a larger than normal adjustment during this year’s seasonal period, resulting in an attached home median price of around $435,000.

TWELVE MONTH CHANGE IN PRICE OF THE AVERAGE SIZE HOME BY CITY: Year-over-year gains in detached home median prices were still large in August, ranging from an increase of 45.9% year-over-year for the average size 3,450 sq ft detached home in Indian Wells to 15.6% for the average size 1,800 sq ft detached home in Coachella. Year-over-year increases in attached home median prices in August ranged from 49.8% for the average size 750 sq ft attached home in Desert Hot Springs to 14.1% for the average size 1,750 sq ft attached home in La Quinta.

MONTHLY COACHELLA VALLEY HOME SALES (THREE MONTH MOVING AVERAGE): Market Watch noted that home sales in the Coachella Valley have been falling dramatically, with the three-month average of sales in August at 674 homes per month. This is down 30.9% year-over-year from sales of 976 homes per month in August 2021 and down 23% from pre-pandemic August average monthly sales of around 875 homes. Market Watch noted that these are the lowest average home sales numbers since the housing crash 15 years ago.

MONTHLY COACHELLA VALLEY HOME SALES (TWELVE MONTH MOVING AVERAGE): The 12-month average of home sales, which removes all seasonality, shows total home sales averaged 843 homes per month in August (down 24.1% year-over-year from the average 1,110 homes sales per month in August 2021). Market Watch noted that longer term detached home sales in August were still above pre-pandemic averages and that longer term attached home sales were slightly below pre-pandemic averages. Market Watch noted that because shorter term home sales are dropping so dramatically, total longer term home sales will continue to decline to below normal pre-pandemic levels.

COACHELLA VALLEY HOME SALES BY CITY: Home sales declined year-over-year in every Coachella Valley other than Coachella and Thousand Palms. The largest home sales declines year-over-year occurred in La Quinta (down 41.7%), Cathedral City (down 40.5%), Rancho Mirage (down 39.1%) and Palm Desert (down 34.2%). Year-over-year home sales declines were much smaller in Bermuda Dunes, Desert Hot Springs and Indio.

COACHELLA VALLEY HOME SALES BY PRICE RANGE: The Coachella Valley year-over-year decline in home sales of 30.9% was not evenly distributed by price range. August home sales were lower in every price range other than $800,000 to $900,000. Market Watch noted that there were only five sales of detached and attached homes priced under $200,000 (compared to 38 in August 2021).

COACHELLA VALLEY HOME SALES INVENTORY: On September 1st, there were 1,593 homes for sale in the Coachella Valley units (757 homes or 90.6% more than the 836 homes for sale on September 1st, 2021). Market Watch noted that after surging for three months, the Coachella Valley home sale inventory has remained around 1,600 homes for the last two months. Market Watch noted that some of this is seasonal and they expect Coachella Valley home sale inventory to stay at this level for another month or so. Then, if historically seasonal forces continue, Coachella Valley home sale inventory should increase, possibly reaching 2,500 units by February. However, the historical average home sale inventory at that time of year is between 3,000 and 3,500 homes,  so while this would be an improvement there is still a ways to go before inventory finally returns to normal levels.

COACHELLA VALLEY REGIONAL MONTHS OF SALES RATIO: On September 1st, the Coachella Valley months of sales ratio was 1.9 months (the same as last month but significantly higher than the 0.8 months on September 1st, 2021). Market Watch did point out that this 1.9 months of sales ratio was still considerably below the late-summer normal of 3.0 to 3.5 months. They felt that even though inventories have been rising and sales falling, the changes were not enough to bring the ratio back to normal levels. However, they believe that the Coachella Valley might return to a normal months of sales ratio by February.

COACHELLA VALLEY MONTHS OF SALES RATIO BY PRICE RANGE: Months of sales ratios were considerably higher than one year ago in every price range, indicating that the recovery in inventory was occurring across all price ranges.

COACHELLA VALLEY MONTHS OF SALES RATIO BY CITY: On September 1st, Thousand Palms had the lowest months of sales ratio in the Coachella Valley at one month (down from 1.7 months on September 1st, 2021), followed by Indian Wells at 1.4 months. Market Watch noted that the months of sales ratios in the other Coachella Valley cities ranged from 1.5 months to 2.5 months.

COACHELLA VALLEY REGIONAL DAYS IN THE MARKET: Market Watch stated that as the real estate market has been moving away from a seller's market, the average selling times for homes have been increasing. At the end of August, the median number of days in the market for the entire Coachella Valley was 28 days (three days more than at the end of August 2021). Further, they expect the days in market to rapidly increase back to 50 or 60 days, which is normal for the Coachella Valley.

COACHELLA VALLEY DAYS IN THE MARKET BY CITY: In August, Desert Hot Springs had the shortest median selling time for detached homes at 19 days, followed by Rancho Mirage, Cathedral City and Indian Wells, each at 23 days. The longest median selling time for detached homes in August was in Bermuda Dunes at 37 days. In August, Indio had the shortest median selling time for attached homes at 11 days, followed by Cathedral City at 18 days. The longest median selling time for attached homes in August was in Bermuda Dunes at 35 days.

PERCENTAGE OF COACHELLA VALLEY HOMES SELLING ABOVE LIST PRICE: At the end of August, 36.1% of Coachella Valley home sales were above list price, compared to 51.1% at the end of August 2021. Market Watch pointed out that the percentage of homes selling above list price Is rapidly declining and they expect that by the end of the year, the percentage of homes selling above list price will be back to pre-pandemic norms of around 10%.

AVERAGE SALES PRICE DISCOUNTS FROM LIST BY CITY: In August, both Coachella and Desert Hot Springs had the highest average selling premium above list for detached homes at 1.4%, followed by Indian Wells at 1.1%. The highest average price discount from list for detached homes was in La Quinta at 1.8%. In August, Indio had the highest average selling premium above list for attached homes at 2.2%. The highest average sales price discount from list for attached homes was in La Quinta at 2.1%.

Laurie Briggs – CalDRE# 01896117 | Tim Briggs – CalDRE# 01898254 | COMPASS – CalDRE# 01991628

Posted in Market Updates
Sept. 8, 2022

New Price & Open House: Fabulous Unique South Palm Desert Home | Sunday September 11th

New Price & Open House: Fabulous Unique South Palm Desert Home With Large 17,860 Sq Ft Lot And A Spacious Detached Casita | When: Sunday September 11th from 1pm to 3pm | Where: 73304 Willow St, Palm Desert

Come see this unique home, located in very desirable South Palm Desert. This fabulous 2,797 sq ft, 4 bedroom, 4 bathroom home has been meticulously remodeled. It features block exterior walls, high white-washed vaulted ceilings, completely remodeled kitchen with newer custom cabinets, stone counters and stainless steel appliances, completely remodeled bathrooms, plank look tile floors in the main living areas, plush carpet in the bedrooms and newer windows, water heater, HVAC systems and evaporative cooler. One of the bedrooms is a detached casita with over 500 sq ft of living space that offers large sitting and bedroom areas, a kitchenette and a remodeled bathroom. The home sits on a large 0.41 acre (17,860 sq ft) lot, with mature citrus trees, large replastered pool, plenty of patio space for entertaining family and friends, a gated and graveled side yard for car, boat or RV parking, all with stunning western Santa Rosa Mountain views.

MLS# 219082136 | Now Listed at $1,495,000 | Details, photos, virtual & video tour & floor plan at: http:///www.73304willow.com

Laurie Briggs - CalDRE# 01896117 | Tim Briggs - CalDRE# 01898254 | COMPASS - CalDRE# 01991628

Posted in Our Listings
Sept. 5, 2022

Celebrate Labor Day

Can’t say it any better than Compass’ own Leonard Steinberg…

“Happy Labor Day!   Today we honor and recognize the American labor movement and the works and contributions of laborers to the development and achievements of the United States......and they are many!  Just take a look around at this spectacular country to see how remarkable it is, knowing that almost everything you see was built by the extraordinary people of this nation over a relatively short period of time.....The Model T Ford, the first nuclear reactor, the internet, the i-phone, a moon rocket, etc. The US has grown from around 466,000 people in 1720 to over 330 million 300 years later!  Yes, we may have our differences at times, but we should all feel remarkably proud of what has been built and achieved....and the exciting, limitless future that lies ahead.”

 

CalDRE 01898254 | 01896227 | 01991628

Aug. 21, 2022

September 2022 Coachella Valley Calendar Of Events

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

Wondering what to do in September? Here’s a few suggestions, courtesy of our fun loving colleagues, Catherine, Dawn & Valori at First American Title: 

Songs for a Summer’s Night | Sept. 1 at 7pm | Coachella Valley Repertory Theatre, Cathedral City

The Palm Springs Opera Guild is proud to present an end-of-summer operatic music concert, “Songs for a Summer’s Night,” featuring performances by Jessica Gonzalez-Rodriguez (mezzo-soprano) and Joel Balzun (baritone). For more information: 760-296-2966 | www.palmspringsoperaguild.org

Biloxi Blues | Sept. 2 - 11 – See Website for Schedule | Palm Canyon Theatre, Palm Springs

This play is the second chapter in what is known as the “Eugene trilogy,” following Brighton Beach Memoirs and preceding Broadway Bound. Neil Simon’s semi-autobiographical story is told through the eyes of 18-year old Eugene Morris Jerome, who is drafted into the U.S. Army during World War II. During basic training, Eugene meets a diverse assortment of soldiers, including the gentle and intelligent Arnold Epstein and the hard drinking platoon leader Sergeant Merwin J. Toomey. For more information: 760-323-5123 | www.palmcanyontheatre.net

First Wednesday Art Walk | Sept. 7 from 5 to 8pm | Backstreet Arts District, 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 more information: www.backstreetartdistrict.com

Southern Fried Nuptials | Sept. 9 - 25 - See Wbsite for Schedule | Desert Theatreworks, Indio

It’s been a rough year for Attie VanLeer and Harline Frye. Their engagement has been on and off more times than a drunk frat boy on a mechanical bull. Half the town has been invited, dress is fitted, the flowers have been ordered, and the gifts are piling up in the living room. So why does Harline still have cold feet? Will they or won’t they? That’s the big question in Southern Fried Nuptials, the hysterical sequel to Osborne and Eppler’s hit comedy Southern Fried Funeral. For more information: 760-980-1455 | www.dtworks.org

La Quinta 9/11 Vigil | Sept. 11 from 7 to 8pm | Civic Center Campus, La Quinta

Join this September 11 Candlelight Vigil to honor the victims of the World Trade Center, Pentagon, and Shanksville, PA terror attacks. There will also be a moment to reflect on the 13 soldiers who tragically lost their lives during the 2021 attack in Kabul Afghanistan. The vigil will feature musical performances, speeches by local dignitaries, and public art composed from World Trade Center building remnants. For more information: 760-777-7093 | www.laquintaca.gov

Psycho Beach Party | Sept. 14 - 26 - See Website for Schedule | Desert Rose Playhouse, Palm Springs

 

Chicklet Forrest, a teenage tomboy, desperately wants to be part of the surf crowd on Malibu Beach in 1962. One thing getting in her way is her unfortunate tendency towards split personalities. For more information: 760-202-3000 | www.desertroseplayhouse.org

Palm Desert Business Awards: Installation Dinner | Sept. 15 from 6:30 to 8pm | JW Marriott Desert Springs, Palm Desert

Recognize your local business award winners! This ceremonial event is a Winter Olympics theme. Put on your best Winter Olympics outfit and join us for the fun! We will be honoring over 30 businesses and giving awards amongst a multitude of categories. For more information: www.pdacc.org

Amy’s Purpose: Pet Love and Rock & Roll | Sept. 17 - Reception at 6:45, Concert at 8pm | Annenberg Theater, Palm Springs

A benefit concert for Amy’s Purpose featuring music by Kyuss co-founder John Garcia and his Band of Gold, plus Songwriters Hall of Famer Billy Steinberg with Angie Rodriguez singing the Steinberg songbook. Q&A moderated by Bruce Fessier between acts. Pre-show wine and light hors d’oeuvres reception from 6:45-7:40 p.m. in the Atrium celebrating Lori Weiner and local veterinarians. For more information: 760-325-4490 | https://www.psmuseum.org/events/amys-purpose-22?date=2022-09-17

Monument Night Adventures | Sept. 17 at 8pm | Santa Rosa & San Jacinto Mountains National Monument Visitor Center, Palm Desert

Using blacklights, participants will take a short walk along the Art Smith Trail basin looking for the many nocturnal creatures that inhabit our desert. This is a family friendly event. Minors must be accompanied by parent or guardian. Bring water and wear closed-toed shoes. An RSVP is required and you must bring your ticket with you for check-in at 8:45pm. Ticket reservations begin 14 days prior to the event. Sorry, no dogs allowed. For more information: 760-568-9918 | www.desertmountains.org

Palm Springs Chamber of Commerce Annual Business Expo & Taste of Palm Springs | Sept. 21 from 5 to 9pm | Indian Canyon Golf Resort, Palm Springs

This event includes tasting from more than 30 valley restaurants, wine and beer tasting, a cocktail bar, and live entertainment. Over 100 local businesses will also showcase their products and services. Taste of Palm Springs wristbands - which permit a bearer to all food, wine, and beer are $25. For more information: 760-325-1577 | www.pschamber.org

The Dinah Weekend | Sept. 21 - 25 | Margaritaville Resort Palm Springs

The world famous Dinah Shore Weekend, produced by Club Skirts, is the largest lesbian event in the world and features concerts, parties, and more in a safe, celebratory, life-affirming atmosphere. For more information: 888-923-4624 | www.thedinah.com

Pillars of the Community and Distinguished Artists & Athletes Awards Ceremony | Sept. 22 from 4 to 6pm | La Quinta City Hall

These deserving individuals have been nominated by their peers for their outstanding contributions to their community. During the ceremony, award recipients are recognized by the City Council and local dignitaries as we highlight the positive impacts the Pillars and Distinguished Artists & Athletes have had on the community. Light refreshments will be served. For more information: 760-777-7093 | www.laquintaca.gov

La Quinta Concerts in the Park | Sept. 24 from 6:30 to 8:30pm | SilverRock Park, La Quinta

Meet your family and friends to enjoy free live music by Sean Oliu & The Coastline Cowboys. This event guarantees a fun, unforgettable musical performance you won't want to miss! There will be food truck vendors on site, however attendees are welcome to bring low back chairs, food, and non-alcoholic beverages. 760-777-7093 | www.laquintaca.gov

Free Entrance Days in the National Parks on National Public Lands Day | Sept. 24 | Joshua Tree National Park

Come experience the national parks! On five days in 2022 including the 4th Saturday in September, all National Park Service sites that charge an entrance fee, including the Palm Springs area’s neighbor to the north, Joshua Tree National Park, will offer free admission to everyone. For more information: 760-367-5500 | https://www.nps.gov/jotr/planyourvisit/fees.htm

Star Party in the Mountains | Sept. 24 from 8-10pm | Sawmill Trailhead Parking Lot, Pinion Flats

Join members of the Astronomical Society of the Desert for fun “sky tours” and direct observations of the night sky through telescopes and binoculars. This is a family event; minors must be accompanied by parent or guardian. For more information: 760-862-9984 | https://www.desertmountains.org/calendar/starpartymtn9-24

Rancho Mirage Chamber of Commerce Marketing Summit | Sept. 30 from 8:30am to 2:30pm | Rancho Mirage Library & Observatory

The Rancho Mirage Chamber of Commerce is hosting the inaugural Marketing Summit for area business owners and marketing professionals in the Coachella Valley. We are working to bring together a variety of experienced speakers and trending topics for a day of education, networking an exploration of exposure and advertising opportunities. As a result of this summit, we want businesses to use the tools/information provided to grow their businesses. Convert Customers. Expand Reach. Drive Sales. For more information: 760-568-9351 | www.ranchomiragechamber.org

The Miracle Worker | Sept. 30 - Oct. 9 - See Website for Schedule | Desert TheatreWorks, Indio

The classic play returns to the DTW stage, reimagined for a new audience. This family drama is based on the true story of a young deaf and blind girl, Helen Keller, and her dedicated teacher Annie Sullivan, who struggles to reach into Helen’s isolation and bring her into contact with the outside world. Don’t miss this powerful new staging of a beloved story. For more information: 760-980-1455 | www.dtworks.org

Titanic the Musical | Sept. 30 - Oct. 16 - See Website for Schedule | Palm Canyon Theatre, Palm Springs

Based on the story of the RMS Titanic, which sank on its maiden voyage on April 15, 1912, this musical takes audiences on a journey unlike any other account of this historic voyage. As crew and passengers are introduced, their conversations reveal their social status and satisfaction with life. When the ship’s owner demands that the captain increase speed to arrive in New York early, the Titanic collides with an iceberg, creating a chaotic and dangerous situation for all. For more information: 760-323-5123 | www.palmcanyontheatre.net

VillageFest | Every Thursday from 6 to 10pm | Palm Canyon Drive, Downtown Palm Springs

Downtown Palm Springs transforms into a diverse array of artists, artisans, entertainers, and purveyors of fresh fruits and veggies, flowers, jewelry, snacks and sweets. Add all that to the great shops, restaurants, clubs, and entertainment venues located along World Famous Palm Canyon Drive – and the result is one of Southern California’s most popular weekly events: VillageFest! For more information: 760-320-3781 | www.villagefest.org

The In-Flight Experience | Every Saturday from 5 to 7:30pm | PS Air Bar, Palm Springs

Great Music, Fine Food, Classy Cocktails, and First Class Service. Live music by Nouveau with Desera & Eddie. Meal choices: Beef Shortribs with mashed potatoes, salad, roll & dessert. Chicken with Marsala Sauce over mashed potatoes, salad, roll & dessert. Vegetarian Squash Pasta with Tomato Sauce and Mozzarella, salad, roll & dessert. For more information: 760-327-7701 | www.psairbar.com/events

College of the Desert Street Fair | Every Saturday & Sunday from 8am to 12pm in September | College of the Desert, 43500 Monterey Ave., Palm Desert

With merchandise and services for all ages and any budget, the Street Fair offers more than 300 merchants, artists, a farmer’s market, live entertainment, gourmet food and more. For more information: 760-636-7957 | http://codaastreetfair.com

CalDRE# 01898254 | 01896117 | 01991628

 

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