November Market Snapshot: What Buyers & Sellers Should Know

November showed clear signs of increased buyer activity across the entire Coachella Valley. Homes going under contract jumped 46.6% year over year, while closed sales increased 6.6%, signaling renewed momentum in the market.

Pricing remains relatively steady. The median home price was $595,000,(Condos & Single Family Homes combined)  slightly higher than October but down modestly from this time last year. Buyers are still negotiating, with homes selling at about 96.5% of list price.

Inventory continues to tighten. Active listings and new listings both declined, with new listings down over 20% from last year, giving well-positioned sellers an advantage. At the same time, buyers still have options, with months of supply at 6.3 and an average 69 days on market.

Bottom line: Demand is rising, inventory is shrinking, and the market remains balanced—making strategy and timing more important than ever.

If you’re considering a move—whether buying, selling, or simply planning ahead—I’m happy to walk you through what these numbers mean for your specific situation. Reach out anytime for a tailored market breakdown and strategy.

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