June 2025 Market Outlook

Coachella Valley Real Estate Market Outlook – June 2025

As we move into the summer season, the Coachella Valley real estate market is experiencing a noticeable shift. After years of low inventory and rapid appreciation, we’re entering a more balanced and in some areas, buyer favorable landscape. Whether you're looking to make a move or simply tracking market momentum, here's what you need to know this June.

Market Overview

Inventory is Up
Inventory levels have surged across the valley, offering buyers more choices than we've seen in recent years. Active listings have returned to pre-pandemic norms, giving the market some much needed breathing room.

Prices Are Stabilizing
While median list prices have held relatively steady, the gap between list and sold prices is widening. This signals that buyers are regaining some negotiating power and that sellers may need to adjust expectations in order to stay competitive.

Buyers Regain Leverage
The increase in available homes and longer average days on market are pushing the Coachella Valley toward a buyer's market. Properties are sitting longer, and while well positioned homes still move, pricing and presentation matter more than ever.

City-by-City Highlights

La Quinta
Inventory has grown, and prices have adjusted slightly downward year-over-year. That said, demand remains strong for homes that are turnkey and priced right. The luxury market is especially active in this area.

Palm Springs
After a hot run, Palm Springs is cooling. Homes are taking longer to sell, and we're seeing price reductions become more common, especially for listings that overshoot the market.

Coachella
This market is still moving quickly. Median prices are rising year-over-year, and days on market remain short. Coachella offers a compelling value for buyers seeking newer homes and larger lots.

Indio
Indio is showing signs of balance. Inventory has increased, giving buyers more breathing room, and homes are taking a bit longer to sell compared to the frenzy of previous years. However, well priced homes, especially those with pools or recent upgrades are still moving quickly. The short-term rental market is stabilizing after a few rocky quarters, with investor interest starting to creep back in.

Palm Desert
Palm Desert remains one of the more resilient markets in the valley. While sales have slowed slightly, the area continues to attract full-time residents and second-home buyers alike. Updated condos and move-in-ready single-family homes are selling well, particularly in central locations near El Paseo and the golf corridor. The luxury segment here is also holding strong, though buyers are approaching with more scrutiny.

Indian Wells
Indian Wells continues to be one of the valley’s most exclusive and stable markets. Sales volume is lower simply due to limited inventory, but buyer demand remains high for quality homes in guard-gated communities. Price points remain strong, and properties in top condition are still commanding a premium. Expect a more measured pace here, with fewer dramatic shifts than some of the surrounding cities.

What This Means for You

If You’re Buying
You have more options, less competition, and growing room to negotiate. But don’t mistake this for a green light to submit unrealistic offers. Smart, well supported offers are still the way to win in this market.

If You’re Selling
Now is the time to get strategic. Pricing matters more than ever. Homes that are priced accurately and marketed professionally are still selling, often with strong terms. Overpriced listings, however, are sitting and suffering.

Looking Ahead

Expect a continued increase in inventory through summer, with stable (but not rising) prices across most submarkets. Buyers will remain selective, and the days of multiple offers on every listing are behind us for now. But for both buyers and sellers, opportunities exist if you're working with a team that knows how to navigate shifting terrain.