Home prices hitting seasonal lows ahead of next month’s Federal Reserve meetings

The latest Desert Housing Report for Oct. 2025 reveals a housing market in transition for Indio, with prices continuing a months-long decline amid slowing sales.

Driving the news: The median price of a detached home in the Coachella Valley fell 1.6% year-over-year to $625,000 in October, while attached homes decreased 2.2% to $420,000.

• Indio reflected this regional trend, with the average detached home declining 1.8% to $613,000, while attached homes fell 1.5% to $280,000.

In context: The median price in the city has declined for at least the last seven months, but this time of year is typically when valley home prices hit their low. 

By the numbers: Indio recorded 77 sales during the three-month average period ending in October, matching the same level from a year ago. This places Indio fourth among valley cities in sales volume, behind Palm Springs, Palm Desert, and La Quinta. Sales are about 28% below pre-pandemic norms.

Inventory: At the start of this month, Indio had 454 homes listed for sale, up from 382 a year ago. 

What else: Homes in Indio are taking longer to sell, with a median “days in the market” of 70 days, up from 56 days a year ago. This selling time is longer than the regional average of 59 days.

What to watch for: Market observers note that further developments will depend on mortgage rate movements and broader economic conditions. All eyes are on the Federal Reserve’s meetings on Dec. 9 and 10 where the Fed Governor said this week there’s a possibility for a rate cut, but it’s not on lock.

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