As we move out of peak season here in the Coachella Valley, the May numbers offer a clear view of a market that’s holding steady—not slowing down. While some seasonal shifts are beginning to show, both buyers and sellers still have strong opportunities in today’s landscape.
Here’s what the latest data means for you:
🔍 What the Numbers Mean for Buyers
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Plenty of Options Without the Pressure
Inventory has remained stable for several months, currently sitting at 3,970 homes. That means you’ll find a healthy number of choices without the frenzied competition we often see in high season. -
Prices Are Leveling Out
The average sold price across the valley is $912,044 — slightly lower than April’s spike. This softening signals a market correction and increased resistance to overpricing, giving you a better chance at negotiating fair value. -
Competitive Edge in Affordable Markets
Cities like Indio and Coachella are still seeing strong activity, with homes often selling near or above asking. If you're shopping in these areas, act quickly and make your offers strong and clean. -
Summer Timing Can Work in Your Favor
With average days on market rising slightly to 65, you may have more time to weigh your options. But don’t wait too long — many homes still move quickly when priced right, and serious sellers are often more flexible this time of year.
For Sellers: Still a Smart Time to List
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Buyer Demand Is Holding Steady
Even with a slight dip from April (717 homes sold) to May (696), sales are still well ahead of early 2025 levels. Motivated buyers are still out there — and they’re looking for homes that are priced and presented right. -
Price Strategically to Stay Competitive
The sold-to-list ratio valley-wide is now 94.14%, a modest decline from April. This shows buyers are negotiating more, and overpriced homes may sit longer. In contrast, well-priced homes — particularly in active areas — continue to attract multiple offers. -
Luxury Sellers Still Lead in Volume
High-end markets like Indian Wells ($2.03M average), Rancho Mirage ($1.43M), and La Quinta continue to anchor the market in overall volume. If you’re in one of these areas, this may be your moment to stand out before seasonal demand slows further. -
Homes Taking a Bit Longer to Sell
With homes now averaging 65 days on market (up from 61 in April), thoughtful preparation is key. Professional staging, high-quality marketing, and realistic pricing can make all the difference in getting your home sold quickly and for top dollar.
Final Thoughts
The May numbers reflect a transition, not a downturn. We’re entering the slower season, but that doesn’t mean the market is quiet. It’s just shifting.
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For buyers: Now’s a great time to negotiate and secure a home before fall competition ramps back up.
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For sellers: With demand still solid and inventory steady, there’s opportunity — especially if your home is priced right and marketed well.
Have questions about buying or selling this summer? Let’s connect — We’d love to help you navigate your next move.
