Market Datavs. 1 year ago
30-year mortgage7.18%▲ +0.96 pts15-year mortgage6.57%▲ +1.07 pts10-year Treasury4.86%▲ +0.75 ptsMortgage spread2.32 pts▲ +0.21 ptsMedian list price (Oct)$415k▼ -2.2%List $/sqft (Oct)$222▼ -1.3%Days on market (Oct)63 +0 daysActive listings (Oct)1.18M▲ +7.4%New listings (Oct)357k▼ -7.5%Pending sales (Oct)381k▼ -10.7%Housing starts (Sep)1.22M▼ -7.4%Building permits (Sep)1.4M▼ -3.2%New-home sales (Sep)676k▼ -5.3%Existing-home sales (Sep)3.99M▼ -2.2%Months of supply (Sep)8.4▲ +0.2 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 8:40 AM ET
Top Sales

Coachella Valley, California Top 5 Home Sales: Historic Palm Springs Estate Leads at $5.7 Million

A Palm Springs home from 1930 and a La Quinta home finished in 2025 bracket a week of single-level desert homes with pools, guest quarters and mountain views.

Coachella Valley, California Top 5 Home Sales: Historic Palm Springs Estate Leads at $5.7 Million

Five single-story homes in Palm Springs, Rancho Mirage and La Quinta make up the highest-priced home sales reported in Coachella Valley, California for the week ending November 8, 2026. Together they sold for $20.46 million.

Rancho Mirage and La Quinta each had two of the sales, and Palm Springs had the top one. The group spans nearly a century of desert building, from a historic ranch estate to a golf-course home completed last year, with a waterfront contemporary and a remodeled gated estate in between.

No. 1 — $5,650,000 · 1850 Smoke Tree Ln, Palm Springs, California

Top home sale No. 1 in Coachella Valley, California — 1850 Smoke Tree Ln, Palm Springs, California, week ending November 8, 2026

The Blankenhorn-Gilmore Residence at 1850 Smoke Tree Lane in Palm Springs sold for $5,650,000. Architect Garrett Van Pelt Jr. built the home in 1930, which makes it the oldest of the five, and Albert Frey later expanded it. It is designated a Class 1 Historic Resource, and it was once owned by L. Mac Blankenhorn, the principal developer of Smoke Tree Ranch, the enclave where the home stands.

The ranch-style home runs long and low behind a board-and-batten exterior. Inside, exposed beams cross the ceilings, the walls are paneled in natural wood, and a red brick fireplace climbs from the floor to the ceiling. Wooden casement windows open to panoramic views of the mountains. The home has seven bedrooms, seven bathrooms and three fireplaces in 5,504 square feet, and the property also includes a guest house.

At 1.88 acres, the property has the largest lot of the five, spread across three lots, with an additional view lot. A private pool and spa, both heated, sit in the backyard.

The home went under contract 19 days after it was listed. P S Properties of Bennion Deville Homes was the listing agent, and Alex Dethier of BD Homes-The Paul Kaplan Group represented the buyer. Bennion Deville Homes had the listings on three of the week’s five sales, the top sale among them.

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No. 2 — $4,200,000 · 102 Waterford Cir, Rancho Mirage, California

Top home sale No. 2 in Coachella Valley, California — 102 Waterford Cir, Rancho Mirage, California, week ending November 8, 2026

Architect Narendra Patel designed the home at 102 Waterford Circle, and Stoker Builders built it in 2001 in Waterford, a small guard-gated enclave in Rancho Mirage. It sold for $4,200,000.

With 7,374 square feet on one level, it is the largest home in this group. It has five bedrooms, each with its own bath and its own access to the outdoors, and eight bathrooms in all, the most of the five. Barrel ceilings are trimmed in natural wood planks, the floors are white limestone and wide-plank wood, and rock walls and curving walls give the rooms their character. The great room rises to an 18-foot ceiling with clerestory windows and a fireplace, and a wall of glass pocket doors slides away to open it to the backyard.

The kitchen was rebuilt from the ground up, with a double-waterfall island, frameless white cabinetry, a skylight and Thermador appliances. The primary suite has a sitting area, a patio, two baths and two walk-in closets. There is also a formal dining room, an office with built-in cabinetry, a family room and a separate wet bar.

The 0.73-acre property is on the water, with views of the lake and the mountains. A pool and spa are set among palms, and a main patio has an outdoor kitchen. One hundred solar panels power the home, which also has a Control4 automation system, a patinaed metal roof and a three-car garage.

James Gault of Compass represented the buyer. The listing agent for the sale could not be verified.

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No. 3 — $4,100,000 · 12 Clancy Ln S, Rancho Mirage, California

Top home sale No. 3 in Coachella Valley, California — 12 Clancy Ln S, Rancho Mirage, California, week ending November 8, 2026

The home at 12 Clancy Lane South sits behind a gated courtyard in Clancy Lane South, a gated enclave in Rancho Mirage. Built in 1979, it has since been remodeled and reimagined, and it sold for $4,100,000.

Warm white-oak plank floors, beams and tall ceilings run through 6,495 square feet. The great room is sized for both a quiet evening and a large party, and a wine room has space for 700 bottles. The kitchen opens to the family room and has a large island, quartz countertops and a breakfast area. A bonus room, a game room and an atrium add more places to gather, and the home has three fireplaces, including a double-sided one.

There are five bedrooms and six bathrooms, and a detached guest casita gives visitors a place of their own. The 0.89-acre grounds include a heated pool with a waterfall, a spa, a putting green and a lawn, and a misting system cools the outdoor spaces. Solar panels supply power. The shops, restaurants and galleries of El Paseo are about seven minutes away.

P S Properties of Bennion Deville Homes was the listing agent. Stephanie Howard of BD Homes-The Paul Kaplan Group represented the buyer.

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No. 4 — $3,950,000 · 78751 Deacon Dr E, La Quinta, California

Top home sale No. 4 in Coachella Valley, California — 78751 Deacon Dr E, La Quinta, California, week ending November 8, 2026

The newest home of the five stands on the second hole of Tradition Golf Club in La Quinta. Completed in 2025, the home at 78751 Deacon Drive East sold for $3,950,000. The property last sold for $575,000 in 2024, before the current home was built.

A great room joins the kitchen, dining and living areas, and multi-slide glass panels open it to views of the mountains and the course. The kitchen has natural wood cabinetry and a large center island with seating. The home has three bedrooms, three full baths and one half bath in 3,001 square feet. The primary suite has a fireplace, a soaking tub and a large shower, a guest suite has a bath with two vanities, and a detached casita gives guests privacy.

Outside, on a 10,454-square-foot lot, a pool, a spa, a lounge area with a fire feature and a built-in barbecue look out over the fairway of the second hole toward the mountains. The home also has a three-car garage.

It went under contract eight days after it was listed and sold at its full asking price. Bill Albers of Double Eagle Real Estate, Inc. was the listing agent, and Joseph Caffery of Caffery Capital represented the buyer.

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No. 5 — $2,560,000 · 78225 Calle Cadiz, La Quinta, California

Top home sale No. 5 in Coachella Valley, California — 78225 Calle Cadiz, La Quinta, California, week ending November 8, 2026

The air-conditioned garage at 78225 Calle Cadiz in La Quinta’s Desert Club Estates has room for 10 cars, or for a 45-foot RV and seven cars. The Spanish-style home, built in 2006, sold for $2,560,000.

The home has five bedrooms, five full baths and one half bath in 4,928 square feet, and a theater room with reclining seats. A separate guest house has two bedrooms, each with its own bath, and a living room. Coffered ceilings, a wet bar and an open floor plan shape the main rooms.

The 0.67-acre property looks south to the San Jacinto Mountains. Its landscaped grounds include a pool, a spa, a built-in barbecue, a koi pond, a flowing stream and a putting green with five holes. The home is a few minutes from Old Town La Quinta and near a park.

The property last sold for $1.195 million in 2012. This time it went under contract 20 days after it was listed. Jacob Jauregui of Bennion Deville Homes was the listing agent, and Lauren Miskinnis of Berkshire Hathaway HomeServices California Properties represented the buyer.

See this property in Google Street View →


RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, November 8, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.

Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.

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