Logo of Desert Pacific Properties, Coachella Valley News

Desert Housing Report, May 2024

June 8, 2024

Market Watch LLC has released its most recent housing report for May 2024.

According to the report:

  • Historical data for detached homes ended at $710,000, up 3.6% year-over-year¬†
  • Historical data for attached homes is up to $494,000, up 1.9% year-over-year
  • Total sales attached and detached are 763, down 14 units from last year
  • Inventory: 2,610 units, which is the highest number in 4 years
  • Days on the market to sell a home: 45 days, which is five days more than last year
  • List price in relation to the sales price: both detached and attached homes in the region have average selling discounts of 2.1% and 2.6%, respectively

The above information provided is purely for informational purposes. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it.