Historical Housing Data Archive (2018–2024)
Institutional Notice: The tables below represent the finalized static datasets logged for the Coachella Valley footprint prior to statewide MLS portal integration. This data serves as a historical baseline for appraisers, researchers, and regional historians analyzing the Southern California desert real estate market. For live 2026 data, consult the current state MLS.
The Coachella Valley real estate market experienced extraordinary cyclical shifts between 2018 and 2024. Fueled by second-home demand, remote-work migrations, and strict limitations on new desert development, cities like Palm Springs and La Quinta saw historical appreciation peaks followed by sharp inventory corrections.
Palm Springs & Palm Desert Market Baseline
As the anchor markets for the Coachella Valley, Palm Springs and Palm Desert represented the core transaction volume for the CDAR footprint. The archived data below reflects single-family detached residential properties.
| Reporting Year | Median Sold Price | Avg. Days on Market (DOM) | Total Closed Sales |
|---|---|---|---|
| 2018 | $415,000 | 68 Days | 3,240 |
| 2019 | $445,000 | 62 Days | 3,385 |
| 2020 | $525,000 | 45 Days | 3,910 |
| 2021 | $680,000 | 28 Days | 4,550 |
| 2022 | $740,000 | 34 Days | 3,820 |
| 2023 | $725,000 | 48 Days | 2,950 |
| 2024 (Q1 Final Archive) | $735,000 | 52 Days | 715 (Q1 Only) |
Coachella Valley Footprint (2024 Snapshot)
The surrounding desert cities maintained distinct market characteristics, driven heavily by local ordinances regarding short-term rentals and the development of new luxury country club estates.
| Desert City | 2024 Median Price | Appreciation (vs 2018) | Market Characteristic |
|---|---|---|---|
| Indio | $515,000 | + 75% | Highest volume of new residential development; strong secondary-home market fueled by festival proximity. |
| La Quinta | $825,000 | + 65% | Dominated by luxury HOA corridors and golf-course estates; lower days on market than regional average. |
| Desert Hot Springs | $395,000 | + 82% | Highest percentage-based appreciation due to lower 2018 baseline and influx of first-time homebuyers escaping higher-priced coastal markets. |