Market Updates

Sept. 7, 2017

August 2017 Coachella Valley Desert Housing Report

The local real estate experts at Market Watch LLC have just released their August 2017 Desert Housing Report, containing the real estate market stats for the month of August. Some of their findings:

 

As of the end of August, the Coachella Valley detached home median price stood at $365 …

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Posted in Market Updates
Aug. 24, 2017

Coachella Valley Home Prices Rose Again In July

  

The Desert Sun’s Rosalie Murphy writes in a recent article that Coachella Valley home prices rose in July for the 16th consecutive month, climbing 8 percent year- over-year to a median of $329,500, according to real estate research firm CoreLogic DataQuick. However, sales slowed slightly, dropping 4.1 …

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Posted in Market Updates
Aug. 13, 2017

July 2017 Coachella Valley Housing Report

Local real estate experts, Market Watch LLC, have just released their July 2017 report on the state of the real estate market in the Coachella Valley. Some of Market Watch’s observations are:

 

While Market Watch felt that Coachella Valley home prices in July were following the seasonal pattern of …

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Posted in Market Updates
July 22, 2017

Coachella Valley Median Home Prices Rise For The 15th Consecutive Month

 

The Desert Sun’s Rosalie Murphy writes that the median home price in the Coachella Valley climbed to $327,000 in June, an increase of 10.7% year over year, according to data from real estate research firm CoreLogic DataQuick.  This equates to a median per square foot price …

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Posted in Market Updates
July 19, 2017

Foreigners Snap Up Record Number of U.S. Homes

 

Diana Olick writes in CNBC.com’s Realty Check column that foreign purchases of U.S. residential real estate surged to the highest level ever in terms of number of homes sold and dollar volume.

According to the National Association of Realtors®, between April 2016 and March 2017, foreign buyers …

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Posted in Market Updates
July 18, 2017

Sellers' Market Challenges


According to the California Association of Realtors® (CAR), even Sellers' Markets can create problems for Sellers.  The biggest challenges facing Sellers today are:
• Almost 66% of Sellers worry that they won't be able to find another home to buy;
• Almost 48% of Sellers feel their homes are …
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Posted in Market Updates
July 7, 2017

June 2017 Coachella Valley Housing Report

Our local real estate market experts, Market Watch LLC, have just released their June 2017 Coachella Valley Housing Report.  Some of their findings:

 

 

The median price for detached homes in the Coachella Valley was $380,000 at the end of June, up 7.8% over June of …

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Posted in Market Updates
June 26, 2017

Desert Home Prices And Sales Kept Climbing In May

 

In a recent Desert Sun article, Rosalie Murphy notes that there were 1,048 home sales (a combination of resales of single-family homes, resales of condos and new construction sales) recorded in the Coachella Valley in May, an increase of 1.6% year-over-year, according to data from real estate …

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Posted in Market Updates
June 12, 2017

May 2017 Market Watch LLC Desert Housing Report

Our local Coachella Valley housing market experts, Market Watch LLC, have just released their May 2017 Desert Housing Report. Some of the highlights are as follows:

 

The Coachella Valley’s May 2017 Detached Home Median Price was $389,000. While unchanged from April, this represents an 11.1% gain (an …

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Posted in Market Updates
May 18, 2017

April Desert Home Prices Climb To Highest Level In Years

In a recent Desert Sun article, Rosalie Murphy writes that Coachella Valley home prices jumped again in April, climbing 13 percent year over year to a median of $345,000 or $187 per square feet, the highest rate in at least 36 months, according to data from real estate research …

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Posted in Market Updates