A fresh, city-by-city look at where the Coachella Valley stands this April, with live data from Altos Research and our honest read on what it means for buyers and sellers right now.
Something notable is happening across the Coachella Valley this spring. The Market Action Index, our most reliable single indicator of where the balance of power sits between buyers and sellers, has moved meaningfully higher across nearly every city we track. Markets that registered in the low 40s just a month ago are now approaching 45, 46, and 49. That kind of broad, coordinated upward movement is not a coincidence. It is a signal.
We are Billy and Stacy Thoman, and we have been part of this desert's real estate story for a combined 50-plus years. Stacy was born and raised in Palm Springs, a fourth-generation desert real estate professional who has watched this valley evolve through every cycle it has seen. Billy personally launched Trilogy at La Quinta and Trilogy at The Polo Club, helped build communities from the ground up, and has navigated every market shift this valley has produced. Together, we have closed more than 4,000 transactions totaling over $1.5 billion in sales.
This month we are covering seven cities, including Cathedral City for the first time, because the data there tells a story worth hearing. What follows is our honest, data-driven read of exactly where each market stands today.
Seven cities. One valley. Here is where every market stands right now, sourced directly from Altos Research's live weekly data feed.
| City | Median List Price | Price / Sq Ft | Inventory | Avg DOM | Price Reductions | MAI |
|---|---|---|---|---|---|---|
| La Quinta | $1,050,000 | $431 | 360 | 112 days | 32% | 45 ↑ |
| Indian Wells | $1,895,000 | $578 | 80 | 107 days | 36% | 46 ↑ |
| Rancho Mirage | $1,351,500 | $475 | 258 | 128 days | 40% | 44 ↑ |
| Palm Desert | $777,000 | $351 | 374 | 116 days | 33% | 49 ★ |
| Palm Springs | $1,147,000 | $583 | 394 | 128 days | 36% | 46 ↑ |
| Cathedral City | $613,149 | $333 | 118 | 136 days | 32% | 49 ★ |
★ Highest MAI in the valley. ↑ Rising from prior month. MAI = Market Action Index (measures rate of sales vs. inventory; above 30 indicates seller's advantage).
La Quinta is home to some of the most coveted country club addresses in all of California, including Rancho La Quinta Country Club, PGA West, Andalusia, and Trilogy. The mountain views here are extraordinary, the lifestyle is genuinely resort-quality, and the sense of community is real. And this April, the data is sending a clear message: things are tightening up.
The Market Action Index has climbed to 45, up from 43 last month. That two-point gain reflects a meaningful increase in buyer activity relative to available inventory. New listings are entering at a median of $1,545,000, well above the current overall median of $1,050,000, which tells us that sellers bringing homes to market right now are pricing with confidence. Thirty-two percent of current sellers have reduced their asking price, but that number is down from prior months, a sign the market is firming.
The market segment data shows particular strength in the upper tier, where 4-bedroom homes at a median of $3,162,000 are absorbing at 9 sales with just 91 days on market. The entry-level segment at $549,000 is also moving, with 13 absorbed and a competitive 66-day DOM. The broadest selection and best negotiating conditions remain in the mid-range.
Stacy has sold homes at both Rancho La Quinta and Andalusia. Billy launched both Trilogy at La Quinta and Trilogy at The Polo Club from the ground up. Together, we have represented buyers and sellers across every community in this city and across the entire Coachella Valley. For buyers who have been watching La Quinta from the sidelines, the window is narrowing. We encourage you to act with intention this spring.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $3,162,000 | 4,463 | 0.25-0.5 acre | 4 | 4.5 | 22 | 10 | 9 | 91 |
| $1,437,000 | 2,911 | 0.25-0.5 acre | 3 | 3.5 | 22 | 7 | 17 | 63 |
| $849,450 | 2,424 | 8,000-10,000 sqft | 3 | 2.5 | 22 | 6 | 10 | 63 |
| $549,000 | 1,595 | 4,500-6,500 sqft | 3 | 2 | 28 | 3 | 13 | 66 |
Indian Wells is, by almost any measure, the most exclusive residential market in the Coachella Valley. Home to Toscana Country Club and some of the valley's most prestigious addresses, with only 80 homes currently on the market, every available property represents a meaningful opportunity. The MAI has jumped from 43 last month to 46 today, one of the largest single-month gains across the valley. That kind of acceleration in a market this small and this tight deserves attention.
The median list price has risen to $1,895,000, up significantly from prior months, and the median price of new listings coming to market is an extraordinary $3,200,000. That gap between what is listed overall and what sellers are asking for new inventory tells us clearly that the people bringing homes to market right now believe values are strong and rising. Average days on market has also tightened to 107 days, among the best in the valley for a luxury market.
The upper tier of Indian Wells is genuinely remarkable: the top segment features homes at a median of $4,162,500 at 4,254 square feet on 0.25 to 0.5 acre lots, with 5 absorbed at just 28 days on market. That is the fastest absorption in any luxury segment across all seven cities we track this month. For serious buyers at this price point, now is the time to move.
Billy and Stacy Thoman have represented numerous high-profile and discreet buyers in Indian Wells over the years. We understand the discretion, precision, and depth of knowledge this market demands. We also bring something few agents can offer: the perspective of a multigenerational desert real estate family. We do not just study the rhythms of this market, we have lived them across generations, through every cycle, every shift, and every season the valley has seen. That depth of roots gives our clients an edge that no amount of short-term experience can replicate. If Indian Wells is on your radar, we are the team you want in your corner.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,162,500 | 4,254 | 0.25-0.5 acre | 4 | 4.5 | 21 | 4 | 5 | 28 |
| $2,552,000 | 3,712 | 0.25-0.5 acre | 4 | 3.5 | 27 | 1 | 3 | 49 |
| $1,399,499 | 2,961 | 8,000-10,000 sqft | 4 | 3 | 36 | 1 | 3 | 98 |
| $797,500 | 2,423 | 6,500-8,000 sqft | 3 | 2 | 46 | 1 | 4 | 77 |
Rancho Mirage carries a distinction that no other city in the Coachella Valley can claim: it has been home to American presidents, entertainment legends, and some of the most consequential figures of the 20th century. That legacy is embedded in the architecture, the land, and the culture of the city, and it has never depreciated.
The MAI has risen from 41 last month to 44 this week, a meaningful three-point gain that signals increasing buyer engagement. At the same time, the median price has climbed to $1,351,500 with new listings entering at a notably lower $992,000, suggesting that fresh supply is arriving at more accessible price points. Forty percent of sellers have reduced their asking price, the highest reduction rate among the cities we track this month. That combination of rising buyer interest and willing sellers creates real opportunity for the prepared buyer.
The top segment here is genuinely extraordinary: 4-bedroom homes at a median of $4,150,000 on half-acre lots, absorbing 12 homes at 112 days on market. The lower-entry segment at $784,750 on 6,500 to 8,000 square foot lots is also active, with 11 absorbed at 84 days.
Billy and Stacy Thoman have represented buyers and sellers throughout Rancho Mirage, including in its most prestigious guard-gated communities. Whether you are drawn to Mission Hills Country Club, Tamarisk, Thunderbird Heights, or the private estates that define this city's character, we have the relationships and the knowledge to open doors that most agents simply cannot reach. We also regularly represent discreet buyers who require confidentiality throughout the process.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,150,000 | 4,806 | 0.5-1 acre | 4 | 4.5 | 23 | 3 | 12 | 112 |
| $1,669,495 | 3,158 | 0.25-0.5 acre | 3 | 3.5 | 25 | 2 | 9 | 77 |
| $1,195,000 | 2,730 | 8,000-10,000 sqft | 3 | 2.5 | 31 | 3 | 9 | 70 |
| $784,750 | 2,143 | 6,500-8,000 sqft | 3 | 2 | 26 | 8 | 11 | 84 |
Palm Desert sits at the geographic and cultural center of the Coachella Valley, and right now it also sits at the top of our market momentum rankings. With a Market Action Index of 49, tied with Cathedral City for the highest of any city we track this month and up three full points from last month's 46, Palm Desert is the most actively engaged buyer market in the desert.
The median list price has risen to $777,000, up from $750,000 last month. New listings are entering at a lower median of $661,000, which means buyers willing to move quickly on freshly listed inventory have a real opportunity to get in below the current overall median. With 374 homes available and a MAI climbing toward 50, the dynamics are shifting. Days on market have tightened to 116 average and 67 median, meaning well-priced homes are moving with purpose.
The mid-market segment here is particularly active: 3-bedroom homes at a median of $659,250 on standard lots absorbed 15 homes with a strong 49-day median DOM. The entry segment at $475,000 saw 15 absorbed as well. This is a market generating real transaction volume at multiple price points simultaneously.
Palm Desert is home to El Paseo, the desert's premier shopping and dining boulevard, McCallum Theatre, and a full-amenity lifestyle that simply has no equal at this price point anywhere in California. It remains our most recommended entry point to the Coachella Valley, and April's data makes that recommendation stronger than ever.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,324,500 | 3,515 | 0.25-0.5 acre | 4 | 3.5 | 29 | 0 | 9 | 84 |
| $899,000 | 2,484 | 8,000-10,000 sqft | 3 | 2.5 | 32 | 7 | 14 | 77 |
| $659,250 | 1,985 | 6,500-8,000 sqft | 3 | 2 | 23 | 12 | 15 | 49 |
| $475,000 | 1,579 | 4,500-6,500 sqft | 2 | 2 | 29 | 8 | 15 | 63 |
There is no city in America quite like Palm Springs. Its midcentury modern architecture, the work of Wexler, Lautner, Cody, Frey, and their contemporaries, represents a built heritage recognized globally by architects, designers, and collectors. And this April, the Palm Springs market is showing its own kind of strength: a MAI of 46, up from 44 last month, making this a confirmed Strong Seller's Market for the first time in several months.
The median list price stands at $1,147,000 with new listings entering at $1,151,990, nearly identical, which signals a stable and well-supported price floor. Palm Springs commands $583 per square foot, the second-highest of any city in the valley, a number driven by the architectural premium that collectors and design-minded buyers are consistently willing to pay. The median days on market has tightened to just 77 days, meaning the right home priced correctly is moving in under three months.
The upper segment here is a story in itself: 4-bedroom homes at a median of $2,749,000 absorbed 17 homes at 63 days. Historic and architecturally significant properties in this range continue to draw serious buyers from across the country and internationally.
Stacy Thoman is a fourth-generation Palm Springs native. Her family's roots in this city run deeper than any other real estate team you will find. When you buy a home in Palm Springs with Stacy, you are not just buying a property, you are gaining a lifelong guide to the city, its neighborhoods, its architectural heritage, and the community that makes it extraordinary.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,749,000 | 3,210 | 0.25-0.5 acre | 4 | 3 | 53 | 2 | 17 | 63 |
| $1,319,500 | 2,175 | 0.25-0.5 acre | 3 | 2.5 | 39 | 5 | 26 | 77 |
| $949,000 | 1,700 | 0.25-0.5 acre | 3 | 2 | 49 | 2 | 8 | 77 |
| $677,000 | 1,555 | 8,000-10,000 sqft | 3 | 2 | 44 | 4 | 20 | 63 |
We are covering Cathedral City in this month's update for the first time, and the reason is simple: the data demands it. Cathedral City currently holds a Market Action Index of 49, tied with Palm Desert for the highest of any city we track across the valley. The MAI is up from 48 last month, meaning it is still climbing, and this is a market generating real buyer engagement at a price point that is among the most accessible in the entire desert.
The median list price is $613,149 with new listings entering at a stronger $674,500, a clear signal that sellers coming to market right now are pricing with optimism. The MAI of 49 confirms the buyer pool is supporting that optimism. At $333 per square foot, Cathedral City offers some of the strongest purchasing power in the Coachella Valley for buyers who want proximity to everything the desert offers without the price premium of its neighbors.
The market segment data shows a healthy spread of activity across all four tiers. The upper segment at $784,500 saw 4 new listings and 1 absorption, while the busiest activity is concentrated in the mid-range at $573,750 with 7 absorbed. The entry segment at $484,900 has a notably long DOM of 119 days, suggesting patient buyers can find value there.
Cathedral City sits between Palm Springs and Rancho Mirage, with easy access to both. For buyers who have been priced out of Palm Springs or who want to maximize their square footage and lot size at a competitive price, this is a market worth a serious look right now. We are seeing buyers discover it in a new way this spring, and the MAI reflects that discovery.
| Median Price | Sq Ft | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $784,500 | 2,155 | 8,000-10,000 sqft | 3 | 3 | 22 | 4 | 1 | 73 |
| $649,000 | 1,967 | 6,500-8,000 sqft | 3 | 2.5 | 26 | 4 | 4 | 42 |
| $573,750 | 1,799 | 6,500-8,000 sqft | 3 | 2 | 23 | 2 | 7 | 77 |
| $484,900 | 1,477 | 6,500-8,000 sqft | 3 | 2 | 36 | 0 | 6 | 119 |
Across every city we track this April, the Market Action Index is rising. That coordinated upward movement across six and seven cities simultaneously is not noise. It is a trend. The buyers who recognize it now, before the indexes climb further and inventory tightens, will look back on this spring as the moment they made the right call.
We are Billy and Stacy Thoman. We have been doing this for over 50 combined years. We know where the value is, where the momentum is building, and how to negotiate outcomes that protect your interests completely. If you are ready to find your home in the desert, call us. We are ready for you.
We are a husband and wife team with more than 50 combined years of experience in Coachella Valley real estate. Stacy is a fourth-generation Palm Springs native who obtained her license at 18 and has never stopped. Billy is the former Sales Manager who personally launched Trilogy at La Quinta and Trilogy at The Polo Club, helping build the communities he now sells.
Together, we have closed over 4,000 homes and $1.5 billion in desert real estate. We are proud members of the Compass family and available to represent buyers and sellers across all of the Coachella Valley's most prestigious communities.