The table below shows the detached home sales for select cities in Coachella Valley for the month of June 2022.
Since Short Term Rentals are still allowed in Indio (for detached homes without HOAs), there has been a surge of interest in Indio—especially those properties with private pools. Indio also enjoys the benefits of being served by IID rather than SCE. This month it is the only city here that has a higher average selling price than asking price.
The final sales prices for these seven towns ranged from a low of $210,000 for 83128 Ruby Avenue in Indio, to a high of $12,750,000 for 81850 Baffin Avenue in La Quinta.
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 | 12 | 30 | $964,333 | $904,141 | $489,000 | $2,100,000 |
| Cathedral City | 31 | 25 | $564,258 | $563,273 | $285,000 | $1,150,000 |
| Indian Wells | 13 | 17 | $1,985,608 | $1,966,538 | $975,000 | $3,575,000 |
| Indio | 98 | 27 | $648,305 | $661,970 | $210,000 | $1,699,000 |
| La Quinta | 77 | 36 | $1,398,268 | $1,334,958 | $375,000 | $12,750,000 |
| Palm Desert | 87 | 31 | $1,007,632 | $979,450 | $352,000 | $8,700,000 |
| Palm Springs | 49 | 30 | $1,163,804 | $1,162,749 | $455,000 | $3,100,000 |
| Rancho Mirage | 33 | 27 | $1,460,513 | $1,451,923 | $575,000 | $4,500,000 |
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
