Home sales dipped slightly in the Coachella Valley during April but fared better than in Riverside County, the state and the nation, new data show.
Valley home sales fell 0.5 percent in April compared to April 2010. That's better than the sale drop of 13.7 percent in Riverside County and 6.1 percent in California, San Diego-based DataQuick Information Systems reported.
Nationwide, existing home sales slipped 12.9 percent in April compared to April 2010, when a federal home-buyer tax credit helped out, the National Association of Realtors reported.
DataQuick's monthly tally for the Coachella Valley showed 1,027 existing single-family, new homes and condos sold in April, down slightly from 1,104 in March but up from 848 in February and 727 in January.
The swing in sales numbers — and prices — hasn't been dramatic, but it illustrates the road to recovery remains uneven when it comes to the local housing market, said Greg Berkemer, executive vice president of the California Desert Association of Realtors.
“Although the market has yet to hit a consistent rhythm, available inventory, interest rates and attractive prices still make the dream possible — in a beautiful desert where rising rivers and tornadoes won't take it away,” Berkemer said.
CDAR, which compiles sales and price data differently based on Multiple Listing Service information, noted that 914 single-family homes and condos sold in April compared to 966 in April 2010.
Berkemer said the average days on market in April was 72 for single-family homes, up from 60 in April a year ago. The average days on market for condos was 93, up from 78 the same month a year ago.
Between Jan. 1 and April 30, overall home sales in the valley increased about 6.5 percent compared to the same four-month period last year, DataQuick reported.
DataQuick noted the median price for valley homes fell 7 percent compared to April 2010. But April's $200,000 median price was the same as February and March and up from $181,250 in January, DataQuick reported.
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