Desert Housing Report June

News from Stephen Burchard, HomeSmart Professionals

Coachella Valley, CA: Real estate market summary for June 2019 for the Greater Palm Springs Region.

Important points of interest:

Average SFR sale price for the Valley was $417,500,up 4.4%
Average Condo sale price for the Valley was $285,000, up 1.9%
Days on Market & Months of Sales continue to holding firm. Inventory dropped by 13 units.
Inventory continues to drop and is the lowest we’ve seen for 5 years.

Full Report