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Desk note · Oct 12

Biggest Rancho Mirage price cut this week: $455,000 on 2 Strauss Terrace

The asking price on 2 Strauss Terrace dropped from $5,950,000 to $5,495,000. This week in Rancho Mirage: 37 new listings, 13 price cuts, 5 closed sales and 15 homes going under contract. Data as of October 18, 2026.

Rancho MirageCaliforniaWeek of October 12, 2026

The inspector’s eye on Rancho Mirage real estate

The week in Rancho Mirage

What moved, what dropped and what changed hands in Rancho Mirage, read the way an inspector reads a house.

The Rancho Mirage file →

The largest reduction on the desk was 2 Strauss Terrace — down $455,000, from $5,950,000 to $5,495,000, listed by Compass.

25 listings changed status: 8 pending, 5 active under contract, 5 coming soon, 5 sold. The brokerage on every row below is the listing brokerage on the record, not ours.

25 homes came to market, asking from $349,000 to $4,380,000.

That is the week, address by address. What any one of these rows means for a house on the same street is the question the file answers next.

On the street

A Rancho Mirage street of the kind this week's rows sit on. Illustrative — not a photograph of any address listed below.

This week on the desk

  • 2 Hilton HeadEndeavor Realty, IncActive Under Contract▇▇▇▇ ▇▇▇▇ VaultWatch
  • 33 Scarborough WaySurterre Properties, Inc.Coming Soon▇▇▇▇ ▇▇▇▇ VaultWatch
  • 42379 Rancho Las Palmas Drive 29Bennion Deville HomesSold▇▇▇▇ ▇▇▇▇ VaultWatch
  • 7 Tulane CourtBennion Deville HomesPending▇▇▇▇ ▇▇▇▇ VaultWatch
  • 71695 Tunis RoadDesert Sands RealtyComing Soon▇▇▇▇ ▇▇▇▇ VaultWatch
  • 18 N Kavenish DriveColdwell Banker RealtyBack on market▇▇▇▇ ▇▇▇▇ VaultWatch
  • 50 Oakmont DriveColdwell Banker RealtyActive Under Contract▇▇▇▇ ▇▇▇▇ VaultWatch
  • 35 ChiantiCompassPending▇▇▇▇ ▇▇▇▇ VaultWatch

Bought by: I follow these closings myself — some of these buyers I know, a few were my clients. The names are for Vault members; everything else on the row is open.

Week of October 12, 2026. Listing brokerage shown on each row; the buyer's name stays behind the Vault.

Weekly brief in development

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