Peak Season Preview

Home sales and prices stabilize as inventory rises

Vic McDonald Market Watch

The median price per square foot in the Coachella Valley rose by $3 in October to $173, essentially unchanged since last February.

Steady as She Goes

Vic McDonald Market Watch

The median home price per square foot in the Coachella Valley was unchanged in September at $171, marking five months of essentially unchanging home prices.

On an Even Keel

Home prices stabilize across the valley as sales slow slightly

Vic McDonald Market Watch

For the second consecutive month, the median price per square foot for the entire Coachella Valley declined 2.2 percent in July from $175 to $171.

Market Watch – Tipping the Scales

Rising inventory and declining sales may indicate a return to an equilibrium price point.

Vic McDonald Market Watch, Real Estate

The Pattern in valley housing over the last two years has been strong price increases fueled not by a powerful wave of home buyers but by a severe lack of home sellers. However, this pattern might finally be changing.