March’s numbers tell a pretty compelling story about the Coachella Valley market. Here are a few key takeaways and trends we are noticing:
1. Big Jump in Sales Volume & Activity
- 715 homes sold in March — up from 636 in February and 546 in January.
- Total Sold Volume jumped to $661M, an increase of nearly $80M compared to February. This suggests buyer demand is heating up with spring — historically a busy time in desert real estate.
2. Average Prices Are Climbing
- Average sold price: $924,936 — up from $916,308 in February.
- Cities like Indian Wells ($2.08M) and La Quinta ($1.34M) continue to lead in luxury sales, pushing the valley’s average up.
- Rancho Mirage also had strong performance with an average sale price over $1.1M.
3. Strong Seller’s Market Signals
- The Sold/List Ratio is 95.12%, meaning homes are selling very close to asking — a clear sign of competition.
- Cathedral City had the highest sold/list ratio at 97.74%, indicating strong buyer demand and limited negotiation room there.
4. Days on Market Holding Steady
- Average Days on Market (DIM): 63, the same as February.
- Fastest-moving cities: Coachella (50 days) and Cathedral City (56 days).
- Slowest: Indian Wells (79 days), likely due to the high price point.
5. Palm Desert Leading in Units Sold
- 167 homes sold in Palm Desert — the most of any city.
- It also had a healthy average sale price of $676K, making it attractive for both primary and second-home buyers.
Bonus Observation: Inventory Holding Steady
- 3,747 active listings – inventory hasn’t grown dramatically, so we may continue seeing a competitive environment through spring unless new listings ramp up.
Final Thoughts
The March 2025 market numbers tell a clear story — momentum is building in the Coachella Valley. With rising sales volume, stable inventory, and homes consistently selling near asking price, it’s an encouraging time for both buyers and sellers. Whether you're looking to take advantage of strong buyer activity or hoping to secure your dream home before competition intensifies further this spring, the window of opportunity is wide open.
At Desert Cities Home, we’re here to guide you every step of the way — with local expertise, market insight, and a commitment to helping you make smart, informed real estate decisions.
📩 Have questions or want a personalized market analysis?
Reach out today — let’s make your 2025 real estate goals a reality.
