New Streak in Price Cuts for Coachella Real Estate Market

The number of price cuts in the Coachella market climbed to 10 over the last 30 days, furthering an identifiable positive trend. Perhaps due to the decreases in list prices, sales increased to 12 homes sold. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. As the lowering of listing prices trended higher, sale prices themselves have been increasing. The median sales price hit $254,850, extending a four-week long spike.

Without price being a factor in your decision, these are the top homes being listed in Coachella:

$545K   $431K   $309K  

Get started right now by checking out Coachella homes for sale or reviewing Coachella real estate trends.

Demographic facts about Coachella:

  • This area has a median house value of $91,000.
  • The area gets 15 rainy days a year. (U.S. average: 100)
  • The unemployment rate is 12.8%.
  • For every teacher there are 22.3 students in this area. (15.3 = national average)

Data reported through 10/12/2016

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