Luxury Real Estate Blog

Coachella Valley Real Estate Market Update

Dec 12, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

Prices: The Luxury Price Index which represents the average price of a 4,500 square foot home in fifteen of the top luxury country clubs, ended November at $3,693,051, up again for the month and 37.4% year over year.   Average gains ranged from 56.$% for Andalusia down to 4.2% in the neighborhood of Old Las Palmas in Palm Springs.

Update on Vacation Rentals in Palm Springs

Nov 11, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

UPDATE - City Council Votes Unanimously 4-0 in favor of new Short Term rental limitsThe key changes are: Moratorium on new rental permit applications ends immediately Neighborhoods are capped at 20% saturation (although several neighborhoods will continue to exceed the cap for the foreseeable future, as existing licenses, as well as those submitted prior to the moratorium on October 17th are grandfathered)

Price Adjustment for this Spanish Colonial Compound in Movie Colony Palm Springs

Oct 25, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

511 N Via Miraleste is now offered at $3,167,000 Please call me if your clients would like a private virtual or in-person tour.

Just Listed in Victoria Falls Rancho Mirage California

Oct 17, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

This beautiful 4 bedroom home is located within the gated community of Victoria Falls in the heart of Rancho Mirage. The Duchess floor plan is one of the more popular layouts. Entering the double door entry into the foyer, you can see the great room with fireplace and a huge entertaining space that opens out to the sparkling pool and spa. The kitchen has a walk-in pantry, large island, breakfast nook and a huge space for a den with its own fireplace and built-ins. The spacious primary bedroom has room for a sitting area, access to the outside pool area, a large ensuite bath with dual vanities, walk-in shower, separate soaking tub, and a large walk in closet. The third guest bedroom has a door just outside it to the front courtyard. There is a separate laundry room with sink and storage located off the attached three car garage. Outside there is a built-in BBQ, covered patio and multiple entertainment areas for your family and friends. The community of Victoria Falls features beautifully landscaped common areas and lighted tennis, pickle ball, and basketball courts. Victoria Falls is close to golf, shopping, restaurants and movie theaters.

Just Listed in Rancho Mirage California within The Springs Country Club

Oct 11, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

This light and bright home in the Springs Country Club offers beautiful views of the mountains with southern exposure! Featuring 2940 square feet of living space, this popular Shaughnessy floor plan has three spacious bedrooms and 3 bathrooms with an open floor plan that is perfect for entertaining. The soaring ceilings and walls of glass bring in a ton of natural light. Each room has sliding glass doors enabling access to numerous outdoor spaces. As you enter through the private patio gate, you are greeted with an enchanting front garden patio. Once inside the double front doors, the home opens to a spacious living area with a wet bar and a majestic fireplace. Plantation shutters and white swirl porcelain tile are throughout the home. There is plenty of outdoor space for entertaining, dining, and enjoying the pool and spa. The Springs HOA fee includes social membership to The Springs CC with a newly renovated clubhouse, fitness center, pickle ball, bocce ball, restaurants, and tennis courts. Click Below For Video

Market Update for the Coachella Valley

Sep 12, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

Hello Luxury Agents! You'll see from the below graph that while inventory is still low in the Palm Springs area, it has been rising - a trend that looks like it will continue. If you have any communities you want to hone in on - just let me know and I'd be happy to send you additional information. 

Coachella Valley Market Update

Sep 07, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

Here is a monthly snapshot of Coachella Valley's real estate market for August 2022. From Palm Springs to La Quinta, you will be able to look at average selling prices, days on market and price per square foot to give you a pulse of current market demand and conditions. Want to know more about a specific city or neighborhood? Simply send me a message and I'll put together a custom report for you and your clients.

Boutique hotel in Palm Springs has reopened

Jul 01, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

Azure Hotel This 14-room Palm Springs charmer first opened its doors in Hollywood's late-1950s heyday, when the resort town was a desert playground for movie and music stars. Following a two-year renovation, the hotel re-opened last month as an intimate, adults-only haven with glam midcentury-inspired style and a serene pool scene.

Lido at Tera Lago

Jun 29, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

Lido is a collection of new single-family and duplex homes for sale at Terra Lago, a masterplan community in Indio, CA. This community is being built by Lennar. Residents enjoy a stunning desert location, just moments from popular destinations like Palm Springs, Coachella Valley and Joshua Tree National Park. There are an array of golf courses in the area. Popular attractions such as the Living Desert Zoo and Gardens and 123 Farm are just a short drive away.

Coachella Valley Market Update

Jun 25, 2022 — Cathy Muldoon, Desert Sotheby's International Realty

From Palm Springs to La Quinta, we've taken a look at average selling prices, days on market and price per square foot to give you a pulse of current market demand and conditions.
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