Spring 2021 Real Estate Market Update

Dated: May 15 2021

Views: 142



I’m here to give you the details and update you on our spring market.

Today I’m going to give you an update on our spring real estate market. Record-low inventory and record-high sales are the big two conditions driving home prices higher in every city in the Coachella Valley.

Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message or use these timestamps to browse specific topics at your leisure:

0:30 — Median home prices trending up

1:16 — Despite low inventory, sales are up

2:40 — Demand continues to exceed supply

3:40 — Median number of days on market

4:15 — Comparing average total sales

4:45 — Mortgage rate projections

5:22 — What this means for buyers

6:22 — What this means for sellers

If you have any questions about your specific situation, I’d love to have a conversation with you. Please feel free to give me a call, a text, or an email. Additionally, if you have any other real estate-related topics or questions that I can answer, please feel free to reach out to me.

This Blog courtesy of Will Cook, WILL COOK GROUP | Keller Williams Luxury Homes, Palm Springs, CA | DRE #01879277 

© 2021 Will Cook Group. All Rights Reserved 


Blog author image

Will Cook

Ranked in the top 1% of all agents valley wide and named one of the Palm Springs Life Top Realtors for 2019, 2020, and 2021; Will is an Associate Broker/Team Leader of the WILL COOK GROUP with Keller ....

Latest Blog Posts

Is This A Good Time To Buy A Home

Is the current market affordable, and is it a good time to buy?Is it a good time to buy a home in today’s housing market? The power lies in the hands of the sellers; rapid appreciation is

Read More

Are We In A Housing Bubble In The Greater Palm Springs Area

The numbers indicate we’re not in a housing bubble.Are we in a housing bubble? Is the market going to crash?This seems to be something I’m getting asked about a lot these days. While I don’t

Read More

Spring 2021 Real Estate Market Update

I’m here to give you the details and update you on our spring market.Today I’m going to give you an update on our spring real estate market. Record-low inventory and record-high sales are the

Read More

Taking Advantage Of A Sellers Market With No Inventory

Here are three strategies to help you win as a buyer and seller right now.As you’re probably aware, we’ve been in a very strong seller’s market for the last 12 months in the Greater Palm

Read More