November 2025 Coachella Valley Residential Real Estate Market Update

Local real estate market experts, Market Watch LLC, have just released their November 2025 GPSR Desert Housing Report. Some highlights, courtesy of the Greater Palm Springs Realtors®:

COACHELLA VALLEY NOVEMBER 2025 SALES RECOVERY: In November, Coachella Valley home sales were below average normal November home sales by 26.4% (up from 34.6% in November 2024). Average normal home sales are calculated from November Coachella Valley home sales over the years - 2016, 2017, 2018 and 2019.

COACHELLA VALLEY NOVEMBER DETACHED HOME MEDIAN PRICE: The median price of a detached home in the Coachella Valley ended November at $644,776 (down 0.8% from $665,000 in November 2024). Market Watch commented that the detached home median price in the Coachella Valley usually hits its seasonal low in Autumn and its seasonal high in Spring. Market Watch felt that this chart clearly showed that detached homes in the Coachella Valley have in general maintained the price gains achieved during the pandemic.COACHELLA VALLEY NOVEMBER ATTACHED HOME MEDIAN PRICE: The median price of an attached home in the Coachella Valley ended November at $419,000 (down 6.3% from $429,500 in November 2024). Market Watch commented that the seasonal price range for attached homes was much larger than that for detached homes, but that attached home median prices seemed to be following the same seasonal pattern as detached home median prices.COACHELLA VALLEY NOVEMBER ANNUAL CHANGE IN PRICE OF AVERAGE SIZE HOMES BY CITY: In November, the annual changes in the price of the average size detached home in each Coachella Valley city ranged from an increase of 17.0% for the 3,450 sq ft average size detached home in Indian Wells (increasing to $2,003,680 from $1,711,994 in November 2024) to a decrease of 5.2% for the 1,800 sq ft average size detached home in Cathedral City (decreasing to $543,773 from $573,444 in November 2024). In November, the annual changes in the price of the average size attached home in each Coachella Valley city ranged from a decrease of 2.4% for the 1,950 sq ft average size attached home in Indian Wells (decreasing to $770,488 from $789,146 in November 2024) to a decrease of 16.6% for the 1,450 sq ft average size attached home in Bermuda Dunes (decreasing to $365,053 from $437,661 in November 20234).COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES (THREE-MONTH AVERAGE): The three-month average of total home sales in the Coachella Valley this November was 539 homes (up 12.3% from 480 home sales in November 2024). Market Watch noted that because of the seasonality in Coachella Valley home sales, it is difficult to determine where home sales stand on a historical basis. The Sales Recovery chart was designed to help distinguish seasonal changes from real ones.COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES (TWELVE-MONTH AVERAGE): In November, the 12-month average of home sales in the Coachella Valley, which takes out seasonality from the data, was 617 home sales per month (up 1.8% from 606 home sales in November 2024). Market Watch added that the housing market needs lower mortgage rates. They felt that although inflation was low, the Federal Reserve Board had stopped lowering short-term rates until the effect of the administration’s new economic policies can be determined.COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES BY CITY: In the Coachella Valley in November, Palm Springs had the highest average monthly home sales at 119 homes (up 20.2% from 99 homes in November 2024), followed by Palm Desert with 109 home sales (up 4.8% from 104 home sales in November 2024) and then La Quinta with 76 home sales (up 11.8% from 68 home sales in November 2024). Coachella has the lowest average monthly home sales at 7 homes (down 30% from 10 home sales in November 2024).COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES BY PRICE RANGE: In the Coachella Valley in November, the highest monthly home sales were for homes priced between $500 thousand and $599 thousand at 92 home sales (up 13.6% from 81 home sales in November 2024), followed closely by homes priced between $400 thousand and $499 thousand with monthly home sales of 91 homes (up 15.2% from 79 home sales in November 2024). The lowest average monthly home sales were for homes priced between $900 thousand and $999 thousand at 19 homes (up 46.1% from 13 home sales in November 2024).

COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES IN DOLLARS: Average monthly Coachella Valley home sales in November were $449 million (up 20.7% from home sales of $372 million in November 2024).COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES IN DOLLARS BY CITY: In November, the Coachella Valley city with the highest monthly home sales (in dollars) was Palm Springs with average monthly home sales of $97 million (up 27.6% from home sales of $76 million in November 2024). This was followed by La Quinta with monthly home sales of $91 million (up 28.2% from home sales of $71 million in November 2024) and then Palm Desert with monthly home sales of $77 million (up 4.1% from sales of $74 million in November 2024). The lowest monthly home sales were in Coachella at $4 million (down 20% from home sales of $5 million in November 2024).COACHELLA VALLEY NOVEMBER AVERAGE MONTHLY HOME SALES IN DOLLARS BY PRICE RANGE: In November, the highest average monthly home sales (in dollars) in the Coachella Valley was for homes priced over $2 million at $113 million (up 76.6% from home sales of $64 million in November 2024). This was followed by homes priced between $1million and $1.999 million at $108 million (up 17.4% from home sales of $92 million in November 2024). The lowest November average monthly home sales were for homes priced under $300 thousand at $9 million (up 12.5% from home sales of $8 million in November 2024). Market Watched pointed out that home sales (in dollars) for homes priced between $1 million and $1.999 million and for homes priced over $2 million accounted for 49.2% of home sales (in dollars) in the Coachella Valley in November.COACHELLA VALLEY DECEMBER 1^ST INVENTORY: On December 1^st, the combined inventory of detached and attached homes in the Coachella Valley was 3,342 homes (up 155 homes or 4.9% from 3,187 homes on December 1^st, 2024). Market Watch stated that inventory has been improving and current inventory level was now comparable to inventory levels before the pandemic. They added that the usual seasonal home sales pattern in the Coachella Valley showed a high inventory at the start of the year and low inventory in late Summer.COACHELLA VALLEY DECEMBER 1^ST INVENTORY BY CITY: On December 1^st, the Coachella Valley city with the highest inventory was Palm Desert with 719 homes (up 12.2% from 641 homes on December 1^st, 2024), followed by Palm Springs with 695 homes (down 1.1% from 703 homes on December 1^st, 2024). On December 1^st, the Coachella Valley city with the lowest inventory was Coachella with 43 homes (up 79.2% from 24 homes on December 1^st, 2024). Market Watch thought that this chart could help agents know what cities have homeowners with the greatest selling interest and how it compares to last year.COACHELLA VALLEY DECEMBER 1^ST INVENTORY BY PRICE RANGE: On December 1^st, the highest inventory was for homes priced between $1 million and $1.999 million at 568 homes (down 4.4% from 594 homes on December 1^st, 2024). On December 1^st, the lowest inventory was for homes priced between $900 thousand and $999 thousand at 129 homes (down 18.9% from 159 homes on December 1^st, 2024). Market Watch thought that this chart could help locate what price ranges might be responsible for the growth or contraction of inventory.COACHELLA VALLEY DECEMBER 1^ST MONTHS OF SALES RATIO: On December 1^st, the Coachella Valley’s months of sales ratio was 5.4 months (up slightly from 5.3 months on December 1^st, 2024). Market Watch pointed out that this fundamental ratio, which measures supply and demand, was now above pre-pandemic levels. They further noted that while inventory has recovered, because of low sales, supply is beginning to exceed demand. However, they stated that this should not cause a problem for home prices unless it begins to extend average selling times.COACHELLA VALLEY DECEMBER 1^ST MONTHS OF SALES RATIO BY CITY: On December 1^st, the highest months of sales ratio in the Coachella Valley was in Rancho Mirage at 7.8 months (up slightly from 7.7 months on December 1^st, 2024). The lowest months of sales ratio on December 1^st was in Desert Hot Springs at 4.8 months (down from 5.8 months on December 1^st, 2024). Market Watch pointed out that they saw consistent months of sales ratios between 4.0 and 5.0 months in most of the nine Coachella Valley cities on December 1st. They further pointed out that since the months of sales ratio is really the supply-demand equation for housing, it showed that the Coachella Valley housing market was becoming supply heavy.COACHELLA VALLEY DECEMBER 1^ST MONTHS OF SALES RATIO BY PRICE RANGE: On December 1^st, the highest months of sales ratio in the Coachella Valley was for homes priced over $2 million at 9.4 months (but down significantly from 15.8 months on December 1^st , 2024). The lowest months of sales ratio on December 1^st was for homes priced under $300 thousand at 4.4 months (up slightly from 4.3 months on December 1^st, 2024). Market Watch again noted that since months of sales ratios are really the supply-demand equation for housing, the large increases over last year showed that supply was starting to exceed demand in almost all price brackets. They further noted that this hadn’t affected prices yet and most probably wouldn’t until selling times begin to lengthen.COACHELLA VALLEY NOVEMBER DAYS IN THE MARKET: At the end of November, the median number of days in the market in the Coachella Valley was 53 days (up 10 days from 43 days in November 2024). Market Watch commented that the median selling time in the Coachella Valley has been running between 40 and 55 days for over two years.COACHELLA VALLEY NOVEMBER DAYS IN THE MARKET BY CITY: In November, Indian Wells had the lowest average selling time in the Coachella Valley at 46 days (up from 41 days in November 2024). This was followed by Cathedral City at 47 days (up from 45 days in November 2024). Bermuda Dunes had the highest median selling time at 94 days (up significantly from 44 days in November 2024).COACHELLA VALLEY NOVEMBER DAYS IN THE MARKET BY PRICE RANGE: In November, the lowest average selling time in the Coachella Valley was for homes priced between $1 million and $1.999 million at 41 days (up slightly from 40 days in November 2024). The highest median selling time was for homes priced under $300 thousand at 69 days (up from 49 days in November 2024). Market Watch advised that when looking at these numbers, it was important to notice if any price range had an abnormal number of days in the market. Market Watch noted that while selling times usually increase with higher priced homes, that is not the case currently in the Coachella Valley (which Market Watch felt was a positive situation).COACHELLA VALLEY NOVEMBER AVERAGE SELLING PREMIUM/DISCOUNT FROM LIST PRICE: In November, detached homes were selling in the Coachella Valley at an average discount of 2.4% (up from a discount of 1.9% in November 2024). In November, attached homes were selling in the Coachella Valley at an average discount of 3.6% (up from a discount of 2.6% in November 2024). Market Watch suggested that these premiums/discounts were now back to pre-covid norms.COACHELLA VALLEY NOVEMBER AVERAGE SELLING PREMIUM/DISCOUNT FROM LIST PRICE BY CITY: In November, Desert Hot Springs had an average selling premium of 1.9% over list price (up from an average discount of 0.6% in November 2024). At the other end of the spectrum, Bermuda Dunes had the largest average selling discount from list price at 5.5% (up from an average discount of 2.6% in November 2024). Market Watch noted that in general, cities with higher-priced homes sell at larger discounts.COACHELLA VALLEY NOVEMBER AVERAGE SELLING PREMIUM/DISCOUNT FROM LIST PRICE BY PRICE RANGE: In November, the lowest average discount from list price was for homes priced between $300 thousand and $399 thousand at 0.9% (down from an average discount of 2.2% in November 2024). The largest average discount from list price was for homes prices under $300 thousand and for homes priced over $2 million, both at 4.8% (for homes priced under $300 thousand up from an average discount of 2.7% in November 2024 and for homes priced over $2 million, down slightly from an average discount of 4.9% in November 2024). Market Watch noted that as a rule, price discounts increase with higher priced homes. In the Coachella Valley in November, the lowest discounts were in the middle price ranges.COACHELLA VALLEY NOVEMBER PERCENTAGE OF HOMES SELLING OVER LIST PRICE: In November, the percentage of homes in the Coachella Valley selling over list price was 11.7% (down from 15.2% in November 2024). Market Watch noted that the percentage of homes selling above list price was now back to pre-pandemic levels.