Weekly Price DropsThree Homes Now 14% to 18% Below Original PriceActive listings updated Sept. 14 to 21, 2026, with a few notes on each.Updated September 21, 2026 · By Jared Dineen Shanstrom,
Every week I go through the Coachella Valley hot sheet looking for a few things: a new listing worth talking about, a property back on the market, or a price that's starting to look like a good deal. This post is about that last group. Here are the three homes that have come down the most from their original price, with a few notes on each.
The week in one paragraph. Of the 339 active listings on this week's Coachella Valley hot sheet, 89 (26%) were priced below their original list price, with a median reduction of 4%. Cathedral City showed the deepest cuts, with a median reduction of 6.7%, and Palm Desert the shallowest at 2.7%.
This week's three
Rancho Mirage | Mission Shores
18%
below original list price
Now $899,000 (originally $1,095,000)
The remodel is the story here: a reconfigured kitchen and primary bath, new flooring throughout, and a pool and backyard with a lake view. The main house has two en-suite bedrooms, and the third is a detached casita with its own bath. It has been on the market 112 days. For context, a larger four-bedroom in Mission Shores closed last week at $920,000.
Listed by Traci G Sadler, Simple Sales Agent Corp.
Cathedral City | Desert Princess
17%
below original list price
Now $289,000 (originally $347,500)
An updated condo on the Desert Princess golf course, sold furnished, with short-term rentals allowed and a January to March renter already in place. It sits on leased land, recently extended through 2069, with ground rent of about $187 a month on top of $995 in monthly HOA dues. Leased land affects financing and long-term value, so it's worth understanding before comparing this price to homes on owned land.
Listed by Holly Tait Markas, Holly's Homes Desert Princess, Inc.
Indio | Sun City Shadow Hills
14%
below original list price
Now $379,000 (originally $439,000)
A 2014 Pulte three-bedroom with a new air conditioner and a tankless water heater. At about $228 per square foot, it's priced below the three Sun City Shadow Hills sales that closed last week. Two things to know going in: Sun City Shadow Hills is a 55+ community, and this property carries a Mello-Roos assessment, so confirm that amount early.
Listed by Rick Halla, HomeSmart
At a glance
| Home | Now | Originally | Below original | Days on market |
|---|---|---|---|---|
| Mission Shores, Rancho Mirage | $899,000 | $1,095,000 | 18% | 112 |
| Desert Princess, Cathedral City | $289,000 | $347,500 | 17% | 419 |
| Sun City Shadow Hills, Indio | $379,000 | $439,000 | 14% | 94 |
Across the valley
| City | Reduced listings | Median reduction |
|---|---|---|
| Cathedral City | 7 | 6.7% |
| Indian Wells | 3 | 5.3% |
| La Quinta | 15 | 5.3% |
| Indio | 20 | 4.7% |
| Rancho Mirage | 6 | 4.5% |
| Palm Springs | 18 | 3% |
| Palm Desert | 19 | 2.7% |
For the full trend log, past weeks, and how the homes are chosen, see Coachella Valley Price Reductions, Updated Weekly.
Want my read on one of these?
If a home here is worth a closer look, or you want to know how a reduction like this would play out in your own neighborhood, reach out. I'm happy to pull the full comps and tell you honestly what I see.
Based on information from California Desert Association of Realtors as of September 22, 2026 4:01 AM UTC The information being provided by California Desert Association of Realtors, SoCalMLS, CRISNet MLS, and CARETS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange
