Donna’s Coachella Valley Market Report – Feb 2019
Donna Ambrose March 25, 2019
Donna Ambrose March 25, 2019
It’s no secret that Coachella Valley homes are typically either vacation or second homes, even for retirees. And, it seems that our improving economy has made fixer uppers and DIY projects, less appealing. Lately, my clients are wanting to buy either a new home, or one that has been recently updated.
The same is happening at Trilogy at La Quinta. Now that the homes are 12+ years old, buyers are more often choosing homes that are freshly painted in today’s current color palettes, and that offer updated amenities or special features.
Really choosy buyers are looking for refreshed flooring, cabinets, and fixtures, and other attention grabbers like well-designed and landscaped outdoor spaces, a built-in barbecue, firepit, water feature, spa, and views.
HGTV/Sherwin Williams 2019 Home Trend Colors
Benjamin Moore 2019 Home Color Trends
The Number of Homes sold under $500k, decreased by almost 20%. The City of Bermuda Dunes sold (-36%) fewer homes compared to last FEB, while the cities of Rancho Mirage, Indian Wells, La Quinta, Palm Desert, and Indio, decreased (-17% to –24%).
Cities with the highest price increases were: Palm Springs (+20%), Rancho Mirage (+19%), Indio (+18%). The Cities of La Quinta and Indian Wells saw decreases in home sold prices of about (-10%).
Homes in the Cities of Palm Springs, Palm Desert, Cathedral City, and Bermuda Dunes sold about (10%) faster compared to FEB 2018, while Indio and La Quinta homes took longer to sell.
Inventory of homes is still lower in 5 of the 8 major cities. Bermuda Dunes (-24%) and, Indian Wells (-12%) well below average.
When buying or selling a home, you deserve respect and best-in-class customer service. A proven business professional, I put your personal and financial needs first. I am ready to work hard to achieve your real estate goals.
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Donna Ambrose has joined the fastest-growing real estate brokerage in Southern California.
The home is light and bright with ten-foot ceilings and large windows overlooking the private backyard.
Our great appreciation and thank you very much for all the extra efforts you gave to complete our sale.
The homeowners of Trilogy at La Quinta voted to purchase the golf course and restaurant.
This property offers resort-style living in a beautifully landscaped tropical setting.
Quality and pride of ownership are hallmarks of this beautifully-crafted desert resort home.
For choosy buyers, the City of La Quinta ticks all of the boxes on their desert home wish list.
This Monterey Model home is waiting for your personal touch to turn it into a 4-star retreat.
A true retreat, this bright open concept home features high ceilings and golf course.
Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.