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Recently Sold Price History in Indio
Indio, California, is a vibrant city located in the Coachella Valley, known for its beautiful landscapes and year-round sunny weather. The real estate market in Indio has been experiencing steady growth in recent years, making it an attractive destination for homebuyers and investors alike. The sold prices of properties in Indio have shown a positive trend, reflecting the increasing demand for housing in this area. From cozy single-family homes to luxurious estates, the real estate market in Indio offers a wide range of options to suit different budgets and preferences.
As of the latest data, the median sold price for homes in Indio stands at around $350,000. This figure represents a significant increase compared to previous years, indicating a strong market performance. The sold prices vary depending on factors such as location, size, amenities, and condition of the property. Whether you are looking for a primary residence, a vacation home, or an investment property, Indio’s real estate market offers opportunities for buyers to find their dream property at competitive prices.
About Indio, California
Indio is a vibrant city located in Riverside County, California. With a population of approximately 90,000 residents, it is the largest city in the Coachella Valley. Indio is situated in the southeastern part of the state, about 130 miles east of Los Angeles. It is bordered by the cities of Palm Springs to the northwest, Coachella to the east, and La Quinta to the southwest.
Known as the “City of Festivals,” Indio is famous for hosting the renowned Coachella Valley Music and Arts Festival, which attracts thousands of music lovers from around the world. The city’s warm climate and picturesque landscapes make it an ideal destination for outdoor activities such as golfing, hiking, and exploring the nearby Joshua Tree National Park.
Indio’s rich history dates back to the early 1900s when it was primarily an agricultural community, known for its thriving date palm industry. Today, the city has evolved into a diverse and thriving community with a strong economy driven by tourism, agriculture, and retail. Indio offers a wide range of amenities, including shopping centers, restaurants, entertainment venues, and a variety of recreational facilities.
Indio is also home to the Riverside County Fair and National Date Festival, an annual event that celebrates the region’s agricultural heritage. The festival features live entertainment, carnival rides, livestock exhibits, and a wide array of delicious date-inspired treats. Additionally, the city boasts several world-class golf courses, including the Indian Wells Golf Resort and the PGA West Stadium Course.
Overall, Indio is a dynamic city that offers a unique blend of natural beauty, cultural events, and recreational opportunities. Whether you are a music enthusiast attending the Coachella Festival or a nature lover exploring the stunning desert landscapes, Indio has something to offer for everyone.
Indio average home prices
The average home price in Indio, California has been steadily increasing over the past few years. According to recent data, the average price of a house in Indio is around $400,000. This figure represents a significant rise compared to previous years, indicating a strong real estate market in the area. Additionally, the average days on market for homes in Indio is approximately 60 days, suggesting a relatively quick turnover for properties in the city.
Indio’s real estate market has experienced a surge in demand, leading to an upward trend in average home prices. The average price of a house in Indio has seen a notable increase of about 10% in the past year alone. This rise in prices can be attributed to various factors, including the city’s growing popularity as a residential destination and its proximity to major employment centers. With an average days on market of 60 days, homes in Indio are selling relatively quickly, indicating a high level of buyer interest and a competitive market.
