New - 1 hour on Rocket
$8,301 Closing Credit¹
Jessica McAnallen, Listing Office: Compass
Coachella Valley Housing Market Report December 2024•Riverside County, California
Housing Prices in Coachella Valley, CA
How much do homes in Coachella Valley, CA cost?
Housing Market Conditions
Is Coachella Valley, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Coachella Valley is a Buyer's Market
Difference Since December 2023
At the same time last year, Coachella Valley was a Seller's Market.
Insight
Coachella Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$584,563$309/SqFt
+$15,320
+2.7%
Based on all homes sold in the last 12 months
Insight
Homes in Coachella Valley have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Coachella Valley was $584,563 in December 2024, up 2.7% from last year, and the median price per square foot was $309.
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $285K | $305K | +7.0% |
| 22 Bedrooms | $476.1K | $481.5K | +1.1% |
| 33 Bedrooms | $617.8K | $631K | +2.1% |
| 44 Bedrooms | $666.8K | $670K | 0.5% |
| 55+ Bedrooms | $675K | $782.5K | +15.9% |
Summary: Coachella Valley housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +7.0%. The home price for 2 bedroom homes increased by +1.1%. The home price for 3 bedroom homes increased by +2.1%. The home price for 4 bedroom homes increased by 0.5%. The home price for 5 bedroom homes increased by +15.9%.
Housing supply in Coachella Valley, CA
How many homes are available in Coachella Valley, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,030Last MonthDec 2024 | ||
| 9812 months agoNov 2024 | +5.0 % Change MoMNov – Dec |
Summary: The Coachella Valley real estate market had 1,030 homes for sale in Dec 2024, a 5.0 % increase compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 147Last MonthDec 2024 | ||
| 1202 months agoNov 2024 | +22.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 16 | 17 | +6.3% |
| 22 Bedrooms | 273 | 291 | +6.6% |
| 33 Bedrooms | 378 | 397 | +5.0% |
| 44 Bedrooms | 224 | 229 | +2.2% |
| 55+ Bedrooms | 90 | 96 | +6.7% |
Summary: Coachella Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +6.3%. The inventory for 2 bedroom homes increased by +6.6%. The inventory for 3 bedroom homes increased by +5.0%. The inventory for 4 bedroom homes increased by +2.2%. The inventory for 5 bedroom homes increased by +6.7%.
Asking Price vs. Sold Price
How much do homes in Coachella Valley, CA cost?
Over Asking Price17 Homes
At Asking Price37 Homes
Under Asking Price93 Homes
Insight
If you're buying a home in Coachella Valley, you may be able to get a good deal. 63.3% of homes here sold below asking price last month.
Summary: A total of 147 homes were sold or pending in Coachella Valley in December 2024, up by 22.5% month-over-month. Of the 147 sold homes, 63% were sold under asking, 25% were sold at asking, and and 12% were sold over asking.
Days on Market for Coachella Valley, CA
How long does it take to sell a home in Coachella Valley, CA?
Breakdown of Home Sale Times
Under 30 Days51 Homes
30 – 90 Days75 Homes
Over 90 Days21 Homes
Insight
Avg time on Rocket Homes in Coachella Valley has remained consistent over time.
Summary: During December 2024, 147 homes were sold in Coachella Valley; 35% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearDec 2024 | ||
| 49 Days1 year agoDec 2023 | +2.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Coachella Valley had an average listing age of 50 days in Dec 2024, up by 2.3% compared to the previous year.
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Newest Listings in Coachella Valley, CA
What homes are available in Coachella Valley, CA?
New - 2 hours on Rocket
$8,301 Closing Credit¹
KELLY TWEEDIE, Listing Office: KELLER WILLIAMS-LA QUINTA
New - 2 hours on Rocket
$10,000 Closing Credit¹
Sheri Dettman and Assoc..., Listing Office: Equity Union
New - 2 hours on Rocket
Carla Lehman, Listing Office: Premier Properties
New - 2 hours on Rocket
$6,531 Closing Credit¹
Frank Collura, Listing Office: Collura Realty
New - 3 hours on Rocket
$5,213 Closing Credit¹
Chrystie Adams, Listing Office: KW Coachella Valley
New - 4 hours on Rocket
$7,933 Closing Credit¹
Lillian Staiti, Listing Office: FAMILY TREE REALTY, INC.
New - 5 hours on Rocket
$7,707 Closing Credit¹
John Miller, Listing Office: Bennion Deville Homes
New - 5 hours on Rocket
$7,469 Closing Credit¹
TIFFANY MELLON NAASZ, Listing Office: KELLER WILLIAMS REALTY
New - 6 hours on Rocket
$10,000 Closing Credit¹
Shane Howland, Listing Office: Compass
New - 8 hours on Rocket
$8,609 Closing Credit¹
PATRICK KENNEDY, Listing Office: The Kennedys
New - 9 hours on Rocket
$6,413 Closing Credit¹
Jacqueline Esparza, Listing Office: eXp Realty of California, Inc.
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, and Santa Barbara MLS for the period 01/01/2023 - 01/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.