April 2022

Inventory Report for the

Coachella Valley
Bermuda Dunes
Coachella
Cathedral City
Desert Hot Springs
Indian Wells
Indio Brought to you by
La Quinta
Palm Desert
Palm Springs
Rancho Mirage
 Coachella Valley
April 2022

New Listings and Inventory Drain

1,600 1,182
1,400
Units a Month

1,200
1,000
800
600 1,110
400
200
0
Jan-19 Jul-19 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22
New Listings Monthly Drain

Inventory, New Listings and the Drain Rate

You can consider inventory like a container of water that’s being drained and refilled at the same time. It’s drained by home sales plus canceled or expired listings.
It's refilled by new listings. If the drain rate exceeds the refill rate, the water level drops; if it’s the opposite, inventory rises. Inventory is 859 units versus 710 a year
ago. It’s been rising over the last two months as new listings now exceed the drain rate. However, the amount is very small and unless new listings surge, or sales
drop more, inventory can’t increase very much.

This free report is intended to assist fellow Valley board members in assessing market conditions and making informed evaluations
and/or appraisals in the selling or financing of their client properties. CalBRE #001069837
 Coachella Valley
April 2022

City Inventories
This chart compares current inventory to year ago levels in all the cities. The cities are listed left to right by the largest current
inventory. Palm Springs now has the largest inventory, followed by La Quinta, then Palm Desert.

This free report is intended to assist fellow Valley board members in assessing market conditions and making informed evaluations
and/or appraisals in the selling or financing of their client properties. CalBRE #001069837
 Coachella Valley
April 2022

Average Selling Times and Price Premiums/Discounts

The top bar chart displays average selling times detached homes in the 10 Valley cities. Cities are displayed left right by the
smallest number of days. The lower bar chart shows average price premiums or discounts. Minus percentages are price
discounts while positive percentages represent selling premiums. Cities are displayed left aright by largest premium to
greatest discounts.
This free report is intended to assist fellow Valley board members in assessing market conditions and making informed evaluations
and/or appraisals in the selling or financing of their client properties. CalBRE #001069837
 Coachella Valley
April 2022

The Franklin Loan Center

Inventory Reports
• Beaumont-Redlands-San Bernardino Region • South Orange County
• Temecula-Murrieta & Corona Regions • West Coast Orange County
• Coachella Valley • North Coast San Diego County
• North Orange County • North Inland San Diego County
• East Orange County • South San Diego County

Contact Your Franklin Loan Center

This free report is intended to assist fellow Valley board members in assessing market conditions and making informed evaluations
and/or appraisals in the selling or financing of their client properties. CalBRE #001069837
 ™
We t reat your loan like its our own