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Market Summary for June 2020 - Coachella Valley CA

By
Real Estate Agent with Elaine Stewart is the #1 Individual RE/MAX Agent for 13 years straight in the Coachella Valley. (760) 668-2399 BRE# 01169846

Summary Statistics
  Jun-20 Jun-19 % Chg 2020 YTD 2019 YTD % Chg
Absorption Rate 4.43 5.33 -16.89 4.46 5.7 -21.75
Average List Price $768,040 $728,214 5.47 $663,466 $639,078 3.82
Median List Price $469,000 $429,000 9.32 $429,900 $409,900 4.88
Average Sale Price $562,364 $507,477 10.82 N/A N/A N/A
Median Sale Price $405,000 $375,000 8.00 $372,000 $352,600 5.50
Average DIM 81 79 2.53 N/A N/A N/A
Median DIM 62 57 8.77 56 56 0.00

Sold Listings
  This Month Year to Date
  2020 2019 % Chg 2020 2019 % Chg
0-99,999 10 9 11.1 51 82 -37.8
100,000-149,999 29 27 7.4 123 212 -42.0
150,000-199,999 37 58 -36.2 256 373 -31.4
200,000-249,999 50 82 -39.0 334 504 -33.7
250,000-299,999 78 114 -31.6 497 719 -30.9
300,000-349,999 78 131 -40.5 542 662 -18.1
350,000-399,999 73 90 -18.9 443 527 -15.9
400,000-449,999 57 94 -39.4 341 414 -17.6
450,000-499,999 47 63 -25.4 231 336 -31.2
500,000-549,999 35 45 -22.2 219 230 -4.8
550,000-599,999 44 41 7.3 210 214 -1.9
600,000-649,999 26 24 8.3 158 169 -6.5
650,000-699,999 26 20 30.0 114 137 -16.8
700,000-749,999 18 19 -5.3 79 100 -21.0
750,000-799,999 21 21 0.0 87 117 -25.6
800,000-849,999 18 16 12.5 75 67 11.9
850,000-899,999 9 12 -25.0 59 62 -4.8
900,000-949,999 0 5 -100.0 32 36 -11.1
950,000-999,999 8 8 0.0 41 48 -14.6
1,000,000-1,099,999 8 11 -27.3 40 52 -23.1
1,100,000-1,199,999 9 6 50.0 45 46 -2.2
1,200,000-1,299,999 3 10 -70.0 38 55 -30.9
1,300,000-1,399,999 6 9 -33.3 26 45 -42.2
1,400,000-1,499,999 7 4 75.0 26 24 8.3
1,500,000-1,599,999 7 5 40.0 27 29 -6.9
1,600,000-1,699,999 1 3 -66.7 17 16 6.3
1,700,000-1,799,999 4 2 100.0 21 22 -4.5
1,800,000-1,899,999 1 1 0.0 18 18 0.0
1,900,000-1,999,999 1 2 -50.0 8 13 -38.5
2,000,000-2,249,999 5 6 -16.7 14 27 -48.1
2,250,000-2,499,999 5 1 400.0 18 14 28.6
2,500,000-2,749,999 2 1 100.0 9 15 -40.0
2,750,000-2,999,999 1 1 0.0 13 16 -18.7
3,000,000-3,249,999 5 0 N/A 10 6 66.7
3,250,000-3,499,999 0 0 0.0 4 7 -42.9
3,500,000-3,749,999 2 1 100.0 5 4 25.0
3,750,000-3,999,999 1 1 0.0 4 5 -20.0
4,000,000-4,249,999 0 1 -100.0 3 5 -40.0
4,250,000-4,499,999 1 1 0.0 2 1 100.0
4,500,000-4,749,999 0 1 -100.0 1 3 -66.7
4,750,000-4,999,999 0 1 -100.0 0 2 -100.0
5,000,000+ 1 2 -50.0 11 13 -15.4
Totals 734 949 -22.7 4252 5447 -21.9

Pending Listings
  This Month Year to Date
  2020 2019 % Chg 2020 2019 % Chg
0-99,999 13 7 85.7 47 70 -32.9
100,000-149,999 26 32 -18.7 123 208 -40.9
150,000-199,999 37 51 -27.5 254 386 -34.2
200,000-249,999 74 90 -17.8 349 522 -33.1
250,000-299,999 108 135 -20.0 547 762 -28.2
300,000-349,999 96 113 -15.0 553 653 -15.3
350,000-399,999 73 93 -21.5 478 584 -18.2
400,000-449,999 74 77 -3.9 353 393 -10.2
450,000-499,999 62 62 0.0 282 387 -27.1
500,000-549,999 46 40 15.0 209 223 -6.3
550,000-599,999 51 39 30.8 227 245 -7.3
600,000-649,999 36 20 80.0 141 150 -6.0
650,000-699,999 31 24 29.2 140 152 -7.9
700,000-749,999 18 28 -35.7 80 112 -28.6
750,000-799,999 20 21 -4.8 104 132 -21.2
800,000-849,999 19 11 72.7 58 56 3.6
850,000-899,999 21 14 50.0 82 80 2.5
900,000-949,999 8 7 14.3 39 33 18.2
950,000-999,999 6 9 -33.3 45 49 -8.2
1,000,000-1,099,999 8 5 60.0 43 51 -15.7
1,100,000-1,199,999 8 8 0.0 32 54 -40.7
1,200,000-1,299,999 10 3 233.3 46 59 -22.0
1,300,000-1,399,999 4 10 -60.0 37 48 -22.9
1,400,000-1,499,999 10 4 150.0 30 33 -9.1
1,500,000-1,599,999 4 0 N/A 23 21 9.5
1,600,000-1,699,999 5 3 66.7 19 17 11.8
1,700,000-1,799,999 7 4 75.0 18 20 -10.0
1,800,000-1,899,999 1 3 -66.7 22 19 15.8
1,900,000-1,999,999 2 4 -50.0 15 21 -28.6
2,000,000-2,249,999 1 1 0.0 8 17 -52.9
2,250,000-2,499,999 6 4 50.0 22 23 -4.3
2,500,000-2,749,999 4 3 33.3 11 12 -8.3
2,750,000-2,999,999 6 4 50.0 21 28 -25.0
3,000,000-3,249,999 1 0 N/A 5 4 25.0
3,250,000-3,499,999 0 2 -100.0 7 10 -30.0
3,500,000-3,749,999 0 0 0.0 2 4 -50.0
3,750,000-3,999,999 1 1 0.0 7 8 -12.5
4,000,000-4,249,999 0 0 0.0 1 2 -50.0
4,250,000-4,499,999 1 1 0.0 2 3 -33.3
4,500,000-4,749,999 0 0 0.0 1 3 -66.7
4,750,000-4,999,999 0 0 0.0 2 4 -50.0
5,000,000+ 1 3 -66.7 10 17 -41.2
Totals 899 936 -4.0 4495 5675 -20.8
 

Active Listings
  This Month Year to Date
  2020 2019 % Chg 2020 2019 % Chg
0-99,999 30 52 -42.3 95 178 -46.6
100,000-149,999 65 88 -26.1 221 353 -37.4
150,000-199,999 139 204 -31.9 481 700 -31.3
200,000-249,999 191 308 -38.0 673 968 -30.5
250,000-299,999 315 501 -37.1 1034 1464 -29.4
300,000-349,999 334 475 -29.7 1085 1331 -18.5
350,000-399,999 333 443 -24.8 1038 1244 -16.6
400,000-449,999 246 311 -20.9 733 873 -16.0
450,000-499,999 259 287 -9.8 697 871 -20.0
500,000-549,999 180 182 -1.1 489 528 -7.4
550,000-599,999 154 218 -29.4 498 615 -19.0
600,000-649,999 100 109 -8.3 312 340 -8.2
650,000-699,999 104 145 -28.3 313 384 -18.5
700,000-749,999 69 106 -34.9 199 282 -29.4
750,000-799,999 108 111 -2.7 265 323 -18.0
800,000-849,999 67 70 -4.3 184 165 11.5
850,000-899,999 79 98 -19.4 226 240 -5.8
900,000-949,999 38 35 8.6 96 88 9.1
950,000-999,999 61 72 -15.3 153 151 1.3
1,000,000-1,099,999 47 48 -2.1 112 128 -12.5
1,100,000-1,199,999 33 83 -60.2 116 184 -37.0
1,200,000-1,299,999 60 65 -7.7 141 169 -16.6
1,300,000-1,399,999 38 51 -25.5 106 120 -11.7
1,400,000-1,499,999 37 32 15.6 85 84 1.2
1,500,000-1,599,999 28 22 27.3 64 67 -4.5
1,600,000-1,699,999 28 29 -3.4 58 57 1.8
1,700,000-1,799,999 37 31 19.4 70 73 -4.1
1,800,000-1,899,999 19 23 -17.4 54 54 0.0
1,900,000-1,999,999 23 26 -11.5 55 64 -14.1
2,000,000-2,249,999 20 22 -9.1 48 60 -20.0
2,250,000-2,499,999 40 49 -18.4 71 90 -21.1
2,500,000-2,749,999 21 25 -16.0 43 50 -14.0
2,750,000-2,999,999 43 32 34.4 71 77 -7.8
3,000,000-3,249,999 9 14 -35.7 20 25 -20.0
3,250,000-3,499,999 10 16 -37.5 22 30 -26.7
3,500,000-3,749,999 4 9 -55.6 8 16 -50.0
3,750,000-3,999,999 13 22 -40.9 33 35 -5.7
4,000,000-4,249,999 3 3 0.0 5 7 -28.6
4,250,000-4,499,999 11 7 57.1 14 14 0.0
4,500,000-4,749,999 1 3 -66.7 4 7 -42.9
4,750,000-4,999,999 12 13 -7.7 25 26 -3.8
5,000,000+ 35 42 -16.7 61 78 -21.8
Totals 3444 4482 -23.2 10078 12613 -20.1

New Listings
  This Month Year to Date
  2020 2019 % Chg 2020 2019 % Chg
0-99,999 8 12 -33.3 60 129 -53.5
100,000-149,999 17 34 -50.0 154 234 -34.2
150,000-199,999 41 71 -42.3 316 493 -35.9
200,000-249,999 47 99 -52.5 438 699 -37.3
250,000-299,999 113 129 -12.4 698 1018 -31.4
300,000-349,999 113 140 -19.3 722 920 -21.5
350,000-399,999 128 120 6.7 678 874 -22.4
400,000-449,999 75 95 -21.1 494 635 -22.2
450,000-499,999 60 89 -32.6 475 579 -18.0
500,000-549,999 63 55 14.5 328 366 -10.4
550,000-599,999 58 45 28.9 335 397 -15.6
600,000-649,999 36 26 38.5 189 223 -15.2
650,000-699,999 27 27 0.0 199 247 -19.4
700,000-749,999 13 23 -43.5 127 188 -32.4
750,000-799,999 29 25 16.0 177 203 -12.8
800,000-849,999 16 8 100.0 111 103 7.8
850,000-899,999 26 22 18.2 146 155 -5.8
900,000-949,999 13 5 160.0 59 58 1.7
950,000-999,999 16 13 23.1 82 87 -5.7
1,000,000-1,099,999 16 9 77.8 79 75 5.3
1,100,000-1,199,999 11 15 -26.7 66 117 -43.6
1,200,000-1,299,999 13 11 18.2 83 96 -13.5
1,300,000-1,399,999 9 10 -10.0 65 65 0.0
1,400,000-1,499,999 13 4 225.0 49 50 -2.0
1,500,000-1,599,999 6 2 200.0 34 37 -8.1
1,600,000-1,699,999 6 4 50.0 33 38 -13.2
1,700,000-1,799,999 4 9 -55.6 36 42 -14.3
1,800,000-1,899,999 4 3 33.3 30 29 3.4
1,900,000-1,999,999 4 1 300.0 27 33 -18.2
2,000,000-2,249,999 7 5 40.0 24 34 -29.4
2,250,000-2,499,999 6 5 20.0 33 51 -35.3
2,500,000-2,749,999 1 2 -50.0 20 23 -13.0
2,750,000-2,999,999 5 6 -16.7 36 30 20.0
3,000,000-3,249,999 2 2 0.0 8 13 -38.5
3,250,000-3,499,999 3 1 200.0 13 11 18.2
3,500,000-3,749,999 1 0 N/A 5 6 -16.7
3,750,000-3,999,999 4 0 N/A 19 15 26.7
4,000,000-4,249,999 0 0 0.0 2 3 -33.3
4,250,000-4,499,999 3 1 200.0 5 6 -16.7
4,500,000-4,749,999 0 0 0.0 0 2 -100.0
4,750,000-4,999,999 3 4 -25.0 16 15 6.7
5,000,000+ 3 1 200.0 32 38 -15.8
Totals 1023 1133 -9.7 6503 8437 -22.9

 

 

Information is deemed to be reliable, but is not guaranteed. © 2020 MLS and FBS. Prepared by Elaine Stewart on Friday, July 24, 2020 1:54 PM. DRE#: 01169846

 

Comments(2)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Elaine Stewart this is valuable information for Buyers and Sellers in your area.

Jul 26, 2020 04:21 PM
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara

Aug 14, 2020 09:48 PM