Inventory information for Coachella Valley as of July 24th,2009
The inventory of residential properties in the Palm Desert MLS has come down again and is now at 5,892 properties
A total of 869 properties have sold here in the past 3 months, from Rancho Mirage, Palm Desert (including Sun City), Indian Wells and La Quinta.
Average of 290 properties sold per month
Total current Active inventory in these cities is 2,824 properties
Currently a 9.8 month supply of properties
A big reason that sellers need to be competitive and buyers ready to act quickly on well priced properties.
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