Inventory remains very low making it a great time to be a seller!
And if you’re a buyer don’t miss out on my new listing at 42960 Massachusetts Court in Palm Desert! We are hearing offers on Thursday, 2/10/22 by 2pm.
The table below shows the detached home sales for select cities in Coachella Valley for the month of January 2022. This is the first time I have seen all the cities I report on in the valley selling into the seven (or more) figures.
The final sales prices for these seven towns ranged from a low of $285,000 for 43780 Carmel Circle in Palm Desert, to a high of $42,000,000 (no, that is not a typo) for 706 Summit Cove in Palm Desert.
If you would like to see everything that is currently for sale in these towns click here.
If you want to see my favorite neighborhoods click here.
If you have any questions, or if you or someone you know is considering selling a home, do not hesitate to contact me.
| City | # of homes sold | Average Days on Market | Average ORIGINAL Asking Price | Average FINAL Selling Price | Lowest Selling Price | Highest Selling Price |
| Bermuda Dunes | 6 | 44 | $818,500 | $832,333 | $720,000 | $1,100,000 |
| Cathedral City | 36 | 47 | $552,950 | $552,250 | $342,000 | $1,100,000 |
| Indian Wells | 20 | 77 | $2,972,800 | $2,843,000 | $635,000 | $9,950,000 |
| La Quinta | 77 | 40 | $1,187,648 | $1,173,203 | $299,900 | $4,162,500 |
| Palm Desert | 71 | 441 | $1,493,363 | $1,383,968 | $285,000 | $42,000,000 |
| Palm Springs | 45 | 51 | $1,282,260 | $1,242,582 | $405,000 | $3,495,000 |
| Rancho Mirage | 51 | 40 | $1,392,648 | $1,371,865 | $425,000 | $6,450,000 |
Please note that the original asking prices and the days on market do not reflect when a home has been previously listed. This information is only pertinent for the listings that actually sold in this particular month.
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This post first appeared on Kelley Eling, Realtor | Representing The Best Inte, please read the originial post: here
