1. Prices Are Finding Their Groove
- Detached Homes: Median price is holding steady at $634,990—down a bit from last year but perfectly poised for a rebound in early 2025. Think of it as your golden moment to attract buyers looking for value!
- Attached Homes: With a median price of $430,000, this segment is keeping things cozy and competitive. And if you’re in Desert Hot Springs, prices are up 14.6%! (Yes, really.)
2. Inventory: More Choices, More Competition
- 2,824 homes are up for grabs, which means buyers have options. But here’s your chance to shine—put your home’s best foot forward to catch their eye.
3. Sales: Let’s Flip the Script
- Sales are down a bit (averaging 477 units per month), but that’s just the market warming up for its next big act. Your home could be the headliner buyers are waiting for!
4. Selling Time: Know the Dance Moves
- The average home spends 46 days on the market, so be ready for a bit of a cha-cha. If you’re in Coachella or Desert Hot Springs, homes are flying off the market faster than a Taylor Swift concert sells out.
5. Discounts: Buyers Love a Deal, But Sellers Can Win
- Detached homes are selling with an average 2.0% discount—nothing wild, but it’s a reminder to price smart and stage like a pro. Pro tip: Coachella homes sell with almost no discounts, so if you’re local, you’re golden!
Here’s How You Can Rock the Market
Make Your Home a Showstopper
- Think of your home as the star of the show. Fresh paint, sparkling windows, and a warm welcome can make buyers swoon.
Be Competitive and Confident
- With inventory on the rise, it’s all about pricing your home to attract buyers without leaving money on the table. You’re not just selling a home; you’re selling a dream!
Ride the Seasonal Wave
- Did you know prices tend to stabilize (and even climb) after the year-end dip? Get your home ready to shine and hit the market running in early 2025.
Team Up with an Expert
- You need someone who knows the Coachella Valley like the back of their hand (hey, that’s me!). From Palm Springs to La Quinta, I’ve got the inside scoop on what makes buyers say, “Yes, please!”
Your Cheat Sheet for Success
Want all the nitty-gritty details, stats, and trends? Check out the full October 2024 Desert Housing Report! It’s a treasure trove of info that’ll have you feeling like a market pro. Click here to read it.
Selling your home doesn’t have to be a stressful saga—it can be an exciting adventure. Let’s get together, craft a plan, and make your home the one buyers can’t stop talking about. Call me today, and let’s make it happen! 🎉
