Stefani Real Estate Consultants

S&P/Case-Schiller National Index vs. Coachella Valley Real Estate Market SUMMARY: National (1)Local (1)Market high (year)20062006Market low (year)2011*2009*High to low median price decline32.7%50%Median price change since market lown/a4.5% increaseMarket trend of distressed salesContinued price declines because of foreclosures ...

Quick Facts about the Coachella Valley Real Estate Market: .  Existing home sales increased 23.8% in March 2010 compared with March 2009. .  The average price of an existing home increased 12.8% in March 2010 to    $292,311, compared with March 2009. .  Unsold Inventory fell to 5.7 months in March, compared with 9.8 ...

Real Estate Market Update – Coachella Valley Housing Market Gaining Strength – February 25, 2009The housing market in the Coachella Valley continues to show signs of improvement and stability.  The follow excerpt, from an article written by the National Association of Realtors, suggests a predominant pattern of improvement.Fourth ...

With all the information about huge reductions in both the median prices and average sales prices does this mean that every home on the market is valued at 34% or 30% lower than the prior year?  It sounds as though this is true, but not necessarily.  Hundreds of homes are included in these calculations which blend homes whose values have ...