Coachella Valley Sales Dip but Prices Remain Resilient

The Coachella Valley real estate market continues to evolve, offering a unique mix of opportunity and stability for both buyers and sellers. As we analyze the latest data from June 2025, key trends reflect a healthy, adjusting market marked by rising sale prices, increased inventory, and continued buyer activity.

SALES TRENDS

Number of Homes Sold

In June 2025, 513 homes were sold across the Coachella Valley, representing a 12.01% decrease from May (583 homes) and a 3.21% decline compared to June 2024 (530 homes). While year-over-year sales have softened slightly, the market remains active, and well-priced homes continue to attract serious buyers.

Inventory of Homes for Sale

Inventory reached 3,189 properties in June 2025—down 13.83% from May’s 3,701 homes, yet 13.25% higher than June 2024 (2,816 homes). This increase in year-over-year inventory continues the trend we’ve seen over the last six months of increased inventory over last year. This continues to provide buyers with more options and we’re definitely seeing an upswing in buyer activity over the last few months.

Median & Average Sale Price

The median sales price rose to $600,000 last month, a 1.70% increase over May ($589,990) and 2.49% higher than June 2024 ($585,450).

The average sales price remained steady at $852,783, matching May’s figure but up 8.66% from June 2024 ($784,820).

These figures mark the highest average and median sale prices recorded in June over the past three years and may be a sign that the dip in selling prices we saw in May was not indicative of a trend of falling prices. 

Average Days on Market (DOM)

Homes spent an average of 80 days on the market in June 2025, up from 77 days in May and 74 days in June 2024, reflecting an 8.11% year-over-year increase. This modest increase signals a market that is allowing buyers more time for decision-making, while still moving at a healthy pace. We’re keeping an eye on this number as if it continues to rise, it could signal the move into a buyers market.

New Listings 

The number of new listings declined in June, with 785 properties entering the market—25.66% fewer than in May (1,056) and 12.49% lower than June 2024 (897). This seasonal dip in new listings is not unusual and presents a timely opportunity for sellers to stand out in a less crowded market.

What It Means For Buyers:

For buyers, the current Coachella Valley market offers a promising window of opportunity. With inventory up 13% from last year and homes staying on the market slightly longer, buyers now have more choices and time to make informed decisions. While prices remain strong, the slower pace and increased selection create room for negotiation—especially for those who are well-prepared and ready to act when the right property comes along.

What It Means For Sellers:

For sellers, the Coachella Valley market remains favorable, with both median and average home prices reaching multi-year highs. While homes are taking slightly longer to sell and buyer activity has eased somewhat, low new listing volume means there’s still strong demand for well-priced, well-presented properties. Sellers who invest in preparation and strategic marketing can stand out and attract serious buyers. With the right guidance, it’s still an excellent time to list and achieve a successful sale.

INTEREST RATES

As of mid-July 2025, mortgage interest rates remain relatively stable but elevated, with the 30-year fixed rate averaging around 6.72%, the 15-year fixed at approximately 5.86%, and 30-year fixed jumbo loans ranging from 6.83% to 6.90%. While higher than in recent years, these rates have leveled off, giving buyers more predictability as they plan their financing strategies.

CITY STANDOUTS!  WHAT'S UP AND WHO'S DOWN?

The numbers for each major city in the area give a better view of the trends in our market.

In June 2025, home sales activity across the Coachella Valley showed a mixed but encouraging picture. Palm Desert led the valley with 109 homes sold, though that figure was down 20% from last year, while La Quinta followed closely with 101 sales, up 12%. Indian Wells and Coachella saw notable year-over-year growth in sales volume, increasing 25% and 67%, respectively.

In terms of pricing, La Quinta posted the largest gain, with its average sale price up 35% to $1,261,738, followed by Palm Springs, where prices rose 11% to $915,965. On the other hand,  selling prices were down in Palm Desert (-14%), Coachella (-18%), Indio (-8%), and Bermuda Dunes (-4%). 

Days on Market (DOM) varied widely—Bermuda Dunes saw DOM double (+102% to 129 days), while La Quinta homes sold faster than last year with a 26% drop to just 68 days. These figures highlight the importance of local dynamics, with some cities favoring sellers due to rising prices and fast sales, while others are presenting more favorable conditions for buyers.

CITY WATCH - LA QUINTA

If you're considering putting your home on the market, let us help you get it SOLD! Now, more than ever, marketing matters! Our world-class marketing plan, with online ads, paid YouTube ads, and social media exposure, is critical in this shifting market. Call now for a free seller consultation, and let us help you decide if now is the right time to sell your home. 

If you'd like a detailed market report for a specific city, email us and let us know which city reports you'd like to receive.

Call us at (760) 409-8811, or visit www.thehamiltonregroup.com for an easy-to-use home search and information on how we can help you with all your essential real estate needs.

The Hamilton Real Estate Group is evolving to meet all our customers' real estate needs. If you are ready to sell, call or email us, or for a FREE instant home valuation report, click here: What's My Home Worth?