Indio home sales hold firm as real-estate prices cool
While prices for condos and town homes saw a double-digit dip this March, sales volume is holding its own against last year’s numbers.
According to the latest Greater Palm Springs Realtors (GPSR) Desert Housing Report, the median price for an average-sized detached home in Indio fell more than 4% to $627,000 compared to the year before while attached home prices fell more than 10% to $258,0000. Median prices usually hit their seasonal high in spring and lows sometime in the fall.
Despite these price adjustments, a shrinking citywide inventory of 415 units suggests a competitive environment as the Coachella Valley enters its peak spring selling season. Last year in Indio 454 homes were on the market. Valley-wide, 3,557 units were on sale at the beginning of this month, a decrease of 3%.
The median price of an average-sized detached home in the Coachella Valley last month was $690,000, a decrease of just 2.8% compared to last year and down slightly compared to last month. Attached home prices were down 2.6% to $499,000.
Only Coachella and Rancho Mirage saw an increase in median price for detached homes, for attached homes just La Quinta and Rancho Mirage saw increases compared to the year before.
Indio recorded 81 sales during the three-month period ending in March, on par with the 80 homes sold in the same period last year. Palm Desert and Palm Springs saw the highest volume of sales.
Homes in Indio are selling after an average of 54 days on market, similar to 55 days last year, but one of the slower markets in the valley. On average, homes are selling for 2.1% below list price, a bigger discount compared to 2025.
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