06/10/2026
The median price of a detached home in the Coachella Valley ended May at $675,000, which is a change of -3.6% from last year. The median price of attached homes ended the month at $490,000, which is a change of 2.1%. The three month average of sales in May was 756 units compared to 745 units a year ago. The 12-month average, which takes out seasonality, was 622 units a month. Average monthly dollar sales in May were $708 million, compared to $698 million last year. At the end of May, total Valley inventory was 3,358 units, which is a change from last year of -8.0%. The Valley’s “months of sales” ratio was 5.4 months, which is -0.6 months different from last year. The a regional months of sales ratio under 6.0 months indicates the housing market is balanced or neutral. At the end of the month, the median number of “days in the market” in the Coachella Valley was 49 days, which is 0 day more than last year. Currently, detached homes are selling at an average premium/discount of -2.9% compared to -2.6% a year ago. Attached homes are selling at -3.3%. The percent of homes selling over list price was 9.6%. This compares to 10.6% last year.
