Here is a quick look at how the desert housing market has changed over the past 12 months based on the latest Desert Housing Report.
Detached Homes – Year Over Year Changes
⬆️ Indian Wells: +8.6%
⬆️ Rancho Mirage: +4.0%
⬆️ Bermuda Dunes: +1.3%
➡️ La Quinta: -1.4%
➡️ Indio: -2.1%
➡️ Cathedral City: -2.2%
⬇️ Palm Desert: -4.3%
⬇️ Desert Hot Springs: -5.7%
⬇️ Palm Springs: -8.4%
⬇️ Coachella: -9.2%
Attached Homes (Condos & Townhomes)
⬆️ La Quinta: +2.6%
⬆️ Rancho Mirage: +1.3%
➡️ Palm Springs: -3.0%
➡️ Indian Wells: -5.6%
⬇️ Palm Desert: -6.8%
⬇️ Bermuda Dunes: -9.4%
⬇️ Indio: -10.5%
⬇️ Cathedral City: -12.5%
⬇️ Desert Hot Springs: -20.6%
The Coachella Valley market appears to be stabilizing after the rapid appreciation during the pandemic years. Some communities are still seeing gains, while others are experiencing modest adjustments as the market finds a healthier balance.
Lifestyle demand, seasonal residents, and the unique desert climate continue to make our region an attractive place to live and invest.
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