Coachella Gives the Palm Springs Real Estate Industry a Boom

It’s perhaps the most Instagram-drenched event in the world: The Coachella Music and Arts Festival, which takes place this weekend in Indio, California, is the epicenter of festival style. And while most concert goers will be focused on everyone from Lorde to DJ Khaled taking the stage, it turns out that the the iconic event will influence a whole lot more than the flower crown industry. It could affect real estate, too. According to data recently released by Homelight, Palm Springs homeowners who list their home in April will sell their property for more than 11% above the yearly average.


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