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Summer Real Estate Trends in North Indio, CA

In Home Sales, Market Insights, Real Estate Insights, Real Estate Tips
Desert Insider Summer Trends 2018

Interested in real estate trends in North Indio, CA? You have come to the right place. The story of summer real estate trends starts with the fact that record-breaking summer temperatures in the Coachella Valley seems to be on repeat the last couple years.  This summer was no exception as Palm Springs broke a temperature record in mid-July by three degrees with a high of 119 degrees.  That same week in Thermal, temperatures reached 122 degrees, breaking another 2014 record by three degrees. 

The soaring temperatures didn’t stop home buyers from lathering up with sunscreen, cranking up the A/C and making their way into the desert to search for property.  From May 1st to September 15th, 140 homes sold and the median sale price rose from the same time period last year by approximately $12,400 to $338,370. The statistic you can’t ignore is the absorption rate of 3.05, indicating the community has transitioned to a sellers market.  It will be really interesting to see… Read More on the Jelmberg Team Website Here > 

Real estate trends

*If your property is currently listed, please disregard. This is not intended as a solicitation of other agent listings. Each Keller Williams office is independently owned and operated. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed accurate by the MLS, Keller William Realty or the Jelmberg Team, Inc.

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