Let’s see if April showers bring May flowers here in the Coachella Valley. Looking for things to see or do here in the Coachella Valley in April? Look no further because our colleagues Catherine, Dawn and Valori at First America Title have just released their April Calendar Of Events. Some highlights:
Glow In The Park | Select Evenings Through Apr. 28 from 6:30-10pm | The Living Desert Zoo and Gardens, Palm Desert
Step into a magical world of lights, lanterns and animals this spring! With more than a hundred Chinese lanterns, hand crafted by artisans, Glow in the Park showcases the wonders of wildlife from across the globe and throughout time. Larger-than-life displays inspired by the beauty of nature, dozens of interactive installations, and endless enchanting photo ops. We’ve been twice already and can honestly say that it is an amazing event. For more information: 760-346-5694 | www.livingdesert.org
Desert Town Hall Presents Karl Rove | Apr. 1 from 6-9pm | Renaissance Esmeralda Resort and Spa
Karl Rove served as Senior Advisor to President George W. Bush from 2000–2007 and Deputy Chief of Staff from 2004–2007. At the White House he oversaw the Offices of Strategic Initiatives, Political Affairs, Public Liaison, and Intergovernmental Affairs and was Deputy Chief of Staff for Policy, coordinating the White House policy-making process. For more information: 760-610-2852 | www.deserttownhall.org
Police & Fire Appreciation Luncheon | Apr. 2 from 11:30am-1pm | Palm Springs Convention Center
Palm Springs residents, here’s your chance to thank your police and fire department members for their service. Hosted by the Palm Springs Chamber of Commerce. For more information: 760-325-1577 | www.pschamber.org
Palm Springs Movies In The Park | Apr. 2, 16, & 30 at 7pm | Palm Springs Downtown Park
Movies under the stars. On April 2nd, catch “Who Framed Roger Rabbit?”. On April 16th, it’s time for “E.T. The Extra-Terrestrial”. Lastly, on April 30th you can watch “The Sandlot”. For more information: 760-325-6565 | www.psculturalcenter.org
Rock the Park Tribute Band Series | Apr. 3 at 7pm | Palm Springs Downtown Park
Tonight's performance is The Garth Guy Show-a Tribute to Garth Brooks. Bring your lawn chairs and blankets and enjoy live entertainment in our beautiful new downtown park. Co-Producer James Elliott Entertainment has more than 20 years of experience in the music industry. His company books acts at several casinos, and currently provides tribute bands to the Lake Arrowhead Concert Series. For more information: www.pschamber.org
El Paseo Cruise Night | Apr. 5 from 2-5pm | The Gardens on El Paseo
Begin arriving with your car at the Palm Desert Area Chamber of Commence Parking Lot on El Paseo & Highway 111 at 2:00pm. If you don’t own a car to Cruise with, come and view the cars. At 4:00pm we will have a few announcements and introduce our Guest MC for the evening. Then at 4:15pm – time to Cruise! For more information: www.elpaseocruisenight.com
Desert Legends Palm Springs - The Legendary Women's Weekend | Apr. 5-7
Cocktail Party, Corday Concert, Golf Tournament, Pickleball Tournament, Liquid Brunch, Live Comedy, DJs and Dancing, and more! Buy your tickets now before they sell out! The event is taking over the entire Tahquitz Creek Golf Resort Legend course, and playing 18 holes, scramble with shotgun start. They are also taking over the entire 360 Lounge inside Agua Caliente casino for this fabulous schmooze fest which includes first drink free and delicious hors d'oeuvre buffet. You're in for an incredible show at the Cascade Lounge, right after the Cocktail Kickoff at Agua Caliente Casino! For more information: www.desertlegends.net
Water Lantern Festival | Apr. 6 from 4:30-8:30pm | Palm Desert Civic Center Park
A beautiful evening filled with music, activities, food trucks, vendors, and lots of other fun. Come enjoy a beautiful, peaceful night out. The event lasts 4 hours, and concludes with a beautiful lantern launch onto the body of water at sunset. All lanterns will be cleaned up after the event by our awesome staff. In addition, we pick up any trash that may have previously been in or around the water. The lanterns are made from rice paper and wood so they are as eco-friendly as possible and we reuse and recycle the LED candles. For more information: www.waterlanternfestival.com
Cathedral City Community Shredding Event | Apr. 6 from 8-9am | Cathedral City Civic Center Plaza
Bring all your sensitive documents, including legal documents, medical records, financial statements, tax records, and more! Limited to Cathedral City residents only. Proof of residency is required. Limit of 5 banker-sized boxes per resident or household. No businesses allowed. Witness the entire shredding process on-site and ensure your documents are securely destroyed. Arrive early as the event ends once the shredding truck is filled to capacity. For more information: 760-770-0396 | www.discovercathedralcity.com
Opera In The Park | Apr. 7 at 5pm | Sunrise Park, Palm Springs
Come experience OPERA IN THE PARK. This year marks the 25th Anniversary for this community concert in Sunrise Park. The concert will begin at 5pm and feature Alaysha Fox, Krista Pape, Erin Alford, Corey Hable, Jésus Leon, Ryan Wolf, Catherine Miller and the CVCV Chorus. For more information: https://palmspringsoperaguild.org/
CASBO Annual Conference & California School Business Expo | Apr. 7-10 | Palm Springs Convention Center
Connect, learn, and grow with 2,000+ California school business professionals during the 2024 CASBO Annual Conference and School Business Expo! For more information: 916-447-3783 | www.casbo.org
Coachella Valley Music and Arts Festival | Apr. 12-14 & 19-21 | Empire Polo Club, Indio
Each year, the Coachella lineup skillfully weaves together familiar music festival headliners, unexpected reunions, and emerging buzz bands, creating an eclectic and unforgettable experience. Discover the full lineup for Coachella 2024 and stay updated on schedule information, must-see performances, and related events. Lana Del Rey, Tyler, The Creator and, Doja Cat will rock the stage at Coachella Valley Music & Arts Festival along with over 100 other musicians in 2024. For more information: https://www.coachella.com/
Classic Club Wine Expo | Apr. 13 from 11am-2pm | 75200 Classic Club Blvd., Palm Desert
Enjoy 18 tables of wines from around the world, as well as delicious regional food stations. Reservations required. $75 per person at the door, $60 per person prepaid online. For more information: 760-601-3600 | www.dinebellatrix.com
Joshua Tree Desert-Wise Landscape Tour | Apr. 21 | 60124 29 Palms Highway
Explore native plants, drought-tolerant techniques, and unique designs in Morongo Basin gardens. Register online at mbconservation.org or in person at the Mojave Desert Land Trust HQ. Don’t miss this showcase of sustainability and artistic expression in the Joshua Tree hi-desert style. For more information: 760-366-9862 | www.mbconservation.org
Indian Wells State of the City | Apr. 23 from 8-11am | Renaissance Esmeralda Resort & Spa
The City of Indian Wells City Council will present information on a variety of topics impacting the local resident, business and tourism communities, and conclude with their Annual Hospitality Awards, recognizing stellar employees at each of their Resort Partner properties. For more information: 760-347-0676 | www.gcvcc.org
Ophelia Project 2024 Luncheon | Apr. 25 | Renaissance Esmeralda Resort & Spa
Join the celebration as Ophelia Project marks a milestone in transforming the lives of local adolescent girls through its mentoring program since 1998. The Gala honors the achievements of Ophelia Girls and their mentors, showcasing the positive impact made in the Coachella Valley community. Be part of the joyous occasion and support the continued growth of this impactful program. For more information: 760-776-1600 | www.jfkfoundation.org
Stagecoach Country Music Festival | Apr. 26-28 | Empire Polo Club, Indio
Tens of thousands of country music fans dust off their cowboy boots and hats for the Stagecoach Country Music Festival at the Empire Polo Club in Indio. Held the weekend after Coachella Valley Music & Arts Festival’s last hurrah, the event features three days of western fun, from dance halls and vintage shopping markets to the concerts themselves (Eric Church, Miranda Lambert, and Morgan Wallen will headline the 2024 Stagecoach Country Music Festival). For more information: www.stagecoachfestival.com
First Wednesday Art Walk | First Wednesdays 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 more information: www.backstreetartdistrict.com
Southwest Food Fest | Fridays from 5-9pm | 44175 Washington Street, Indian Wells
Dine with family and friends with good music, movies, and other activities on Friday nights at Coachella Valley's premier food truck event. For more information: 951-551-6233 | www.southwestfoodfest.org
Friday Nights on Pierson | Fridays from 6-10pm | 66379 Pierson Blvd, Desert Hot Springs
Get ready to tantalize your taste buds with a mouthwatering array of flavors from some of the best food trucks in town! Whether you’re craving juicy burgers, sizzling tacos, or savory BBQ, we’ve got you covered. Don’t miss out on this delicious opportunity! Bring your friends, family, and appetites for an evening filled with delicious food, great company, a variety of vendors, and a fantastic atmosphere. For more information: 760-329-6411 | www.cityofdhs.org
VillageFest | Thursdays from 6-10pm | Palm Canyon Drive, 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: For more information: 760-320-3781 | www.villagefest.org
The In-Flight Experience | Saturday April 6th & 20th from 5-7:30pm | PS Air Bar, Palm Springs
Take a vacay with Great Music, Fine Food, Classy Cocktails, and First Class Service...without leaving home. For more information: 760-327-7701 | www.psairbar.com/events
Palm Springs Certified Farmers’ Market - Outdoor | Saturdays Oct.-May from 8am-1pm | Palm Springs Cultural Center
One of several Certified Farmer's Markets taking place in the Coachella Valley during the week. For more information: www.certifiedfarmersmarkets.org
The Lofts Art Walk | Second Saturdays from 5-8pm | The Lofts Art District, Palm Springs
During the Art Walk, the district comes alive with energy and creativity. 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
Palm Desert Certified Farmers’ Market | Sundays Oct.-Apr. from 8am-1pm | 72559 Hwy 111
One of several Certified Farmer's Markets taking place in the Coachella Valley during the week. For more information: www.certifiedfarmersmarkets.org
College of the Desert Street Fair | Saturdays & Sundays from 8am-2pm | 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
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The Briggs Group | Coldwell Banker Realty | Laurie Briggs - DRE# 01896117 | Tim Briggs - DRE# 01898254 | Coldwell Banker - DRE# 00616212
COACHELLA VALLEY HOME SALES RECOVERY: Coachella Valley home sales in February were 24.3% below normal (calculated from the pre-pandemic years of 2016 through 2019). Market Watch noted that this was an improvement from January (when home sales were running at 28.6% below normal). Market Watch expressed hope that home sales would return to normal levels by the end of the year.
COACHELLA VALLEY FEBRUARY DETACHED HOME MEDIAN PRICE: The median price of a detached home in the Coachella Valley in February was $680,500 (up $20,500 or 3.1% from a median detached home price of $660,000 in January and up $8,050 or 1.2% from a median price of $672,450 in February 2023). Market Watch expressed their belief that the seasonal pattern of home prices in the Coachella Valley beginning in January or February had started this year. They also stated that with inventory rising and sales remaining low, supply and demand continued to slowly favor buyers.
COACHELLA VALLEY FEBRUARY ATTACHED HOME MEDIAN PRICE: The median price of an attached home in the Coachella Valley in February was $488,250 (up 12.7% from an attached home median price of $433,000 in February 2023). Market Watch’s take away was that attached home prices seemed to be following their normal seasonal pattern, so they expected attached home prices to continue to increase for the next three or four months.
TWELVE MONTH CHANGE IN THE PRICE OF THE AVERAGE SIZE HOME BY CITY: Year-over-year changes in home prices for average size detached homes in each Coachella Valley city in February ranged from a 16.7% increase year-over-year in Indian Wells to a decrease of 7.6% in Cathedral City. Four cities (Indio, Indian Wells, Cathedral City and Palm Springs) had increases in the price of average size attached homes year-over-year. Year-over-year changes in home prices for average size attached homes in each Coachella Valley city in February ranged from a 5.3% increase year-over-year in Indio to a decrease of 8% in Desert Hot Springs.
COACHELLA VALLEY MONTHLY HOME SALES (3 MONTH TRAILING AVERAGE): In February, Coachella Valley home sales (518 home sales per month) were up 9.3% year-over-year from 474 homes sales per month in February 2023. Market Watch noted that their sales recovery information shows that while home sales were improving, they were still running 24.3% below historic norms in February.
COACHELLA VALLEY FEBRUARY MONTHLY HOME SALES (12 MONTH TRAILING AVERAGE): The 12-month average of home sales, which removes seasonality from the home sales data, showed total Coachella Valley home sales were averaging 620 units a month (down 8.3% from 676 home sales in February 2023). Market Watch stated that February home sales were a disappointment. They continue to believe that home sales will recover only when mortgage rates come down to 5.5% to 6%. Further they added that recent declines in inflation gave them hope this might have already started.
COACHELLA VALLEY FEBRUARY HOME SALES BY CITY: For another month, every city except Cathedral City, Desert Hot Springs and Indian Wells had higher three-month home sales compared to last year. The cities with the largest increase in home sales (percentage-wise) year-over-year were Coachella and Rancho Mirage with home sales up 38%, followed by La Quinta with home sales up 30%.
COACHELLA VALLEY FEBRUARY HOME SALES BY PRICE RANGE: Coachella Valley home sales in February were generally about the same as one year ago in most price ranges. The largest home sales increases were in homes priced from $500k to $600k (with home sales up 37.1% year-over-year) and in homes priced from $600k to $700k (with home sales up 25% year-over-year). Sales of homes priced over one million dollars were higher (up 12.3% year-over-year), primarily because more homes now fall in that price range. Market Watch felt that the home sales data by price range was positive since it showed the Coachella Valley housing market was well balanced in all price ranges.
COACHELLA VALLEY MARCH 1ST TOTAL HOME INVENTORY: On March 1st, the Coachella Valley total home inventory was 2,416 homes (the highest level in almost four years and up 24% from 1,956 homes on March 1st 2023). Market Watch pointed out that while inventory has improved, this level is still about 1,000 homes under what was normal in March before the pandemic. They further stated that some of this increase in inventory was seasonal, but the same seasonal pattern now suggests the current level may be near the high for 2024, since the Coachella Valley home inventory usually declines between March and September.
COACHELLA VALLEY MARCH 1ST REGIONAL MONTHS OF SALES RATIO: On March 1st, the Coachella Valley’s months of sales ratio was 3.9 months (one month higher than on March 1st, 2023). Market Watch explained that this fundamental ratio, which measures supply and demand, is now back to pre-pandemic levels. They felt that even though home inventory was still relatively low, the low level of home sales kept supply and demand in balance. Because of this they felt that there was no overbalancing force pushing home prices either higher or lower. This is one major reason why Coachella Valley home prices haven't changed much over the last year.
COACHELLA VALLEY MARCH 1ST MONTHS OF SALES RATIOS BY PRICE RANGE: As is the case with the entire Coachella Valley, the months of sale rations in most price brackets were slightly above year ago levels, except in higher priced homes where months of sales ratios are considerably higher. Homes priced over $800,000 now have months of sales ratios between 5 and 6 months.
COACHELLA VALLEY MARCH 1ST MONTHS OF SALES RATIOS BY CITY: As was the case with months of sales ratios by price range, every Coachella Valley city had a months of sales ratio measurably higher than one year ago. Every Coachella Valley city, other than Coachella, had a months of sales ratio over three months. Market Watch noted that a months of sales ratio of three to four months is considered normal. They further noted that the current distribution of months of supply ratios indicates that supply and demand were pretty much balanced throughout the Coachella Valley.
COACHELLA VALLEY FEBRUARY REGIONAL DAYS IN THE MARKET: Market Watch stated that the median selling time in the Coachella Valley region remained relatively stable in February. At the end of February, the median number of days in the market in the Coachella Valley was 44 days (slightly less than at the end of February 2023 when the median number of days in the market was 48 days). Market Watch stated that they continue to believe the median selling time will remain around current levels moving further into the year.
COACHELLA VALLEY FEBRUARY DAYS IN THE MARKET BY CITY: In February, Coachella continued to have the lowest median selling time for detached homes at 30 days, followed by Desert Hot Springs at 36 days and Indian Wells at 39 days. In the case of attached homes, in February Indio had the shortest average selling time at 24 days, followed by La Quinta at 33 days and Desert Hot Springs at 35 days.
COACHELLA VALLEY PERCENTAGE OF HOMES SELLING ABOVE LIST PRICE IN FEBRUARY: In February, the percentage of homes selling over list price was 13.5% (up from 12.3% in February 2023). Market Watch said that they continue to expect the number of homes selling above list to remain around one out of seven.
COACHELLA VALLEY FEBRUARY AVERAGE SELLING PRICE DISCOUNTS BY CITY: In every Coachella Valley city in February, detached homes were selling at an average discount, ranging from 0.4% in Coachella to 4.4% in Bermuda Dunes. Discounts for attached homes in February, ranged from 1.9% in Cathedral City to 6.1% in Bermuda Dunes.
