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Trilogy La Quinta Real Estate Market Report – First Quarter 2019

Donna Ambrose May 4, 2019

Coachella Real Estate Market Is Slowing, and Trilogy Is Feeling the Effects

Inventory of homes in Trilogy and around the Valley is still low, which typically would make for an excellent seller's market. Except that in today’s market, there are also fewer buyers, and for the most part, they are picking off the cream of the crop—and at bargain prices.

I know I’ve said this before, but if you are serious about selling your home, make sure it is clean, uncluttered, and at least hints at the more contemporary styling that buyers today are looking for. The great thing about our Trilogy homes is that it doesn’t take much money or time to make the few changes you need to attract a willing buyer.

HGTV & Pinterest for Fresh Design Ideas

If you are at a loss as to what to do, go online for some great decorating tips. For example, white kitchens are all the rage right now. While you may not want to spring for a whole new set of cabinets, you may be able to change out the backsplash or countertops, or even a few light fixtures.

Check out this beauty from HGTV’s Tracy Lynn Studio, Timeless & Transitional White Kitchens, for a look at a beautiful setup. Love the counter stools!

Also, for those interested in possibly winning the 2019 home giveaway, here is your chance to enter the HGTV Sweepstakes.

Trilogy Home Sales for March Year-over-Year Comparison

Trilogy March Year-over-Year Real Estate Overview Chart

Trilogy by the Numbers:

  • Number of Homes Sold: Decreased (-7%) with 5 vs. 6 in 2018.
  • Number of Homes for Sale: Down (-22.5%) with 55 vs. 71 in 2018.
  • Average Sold Prices: Increased (+6%) to $450,000 in 2019 vs. $423,000 in 2018.
  • Median Home Prices: Increased by (+13%) to $420,000 vs. $373,000 in March 2018.
  • Number of Homes Pended: Down (-47%) with 10 in 2019 vs. 19 in 2018.
  • Days on Market: Increased (+23%) to 95 days on market in 2019 vs. 77 days in 2018.
  • Affordable Tiers Sold: Of the homes sold in March, 69% were under $500,000.
  • Affordable Tiers Listed: Of the homes listed for sale in March, 63% were under $500,000.

Active property inventory statistics dashboard

Contemporary stylized master bedroom design concept

Trilogy at La Quinta First Quarter 2019 Home Sales

Location in Trilogy, age, condition, decor, and even the sales agent make a difference in how much your home will list and eventually sell for. It takes experience and skill to list and market your home. But in today’s market, it also takes connections far broader than our local market, and extraordinary marketing savvy to get your home sold for the best price possible.

Trilogy First Quarter Home Sales Breakdown Data Sheet

I’m Here for You!

If you are thinking of listing your home, or just want to chat about the local housing market, give me a call.

I work hand-in-glove with local real estate agents who have not only decades of experience, but also a rich legacy of building over 3,000 homes in La Quinta. I also work to promote homes directly to other Trilogy communities—particularly those with owners and potential buyers interested in moving from the Pacific Northwest to Trilogy at La Quinta.

In a soft selling housing market, it takes extraordinary skill, experience, creativity, and keen business savvy to get you the price you want and deserve.

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Let’s Find Your Dream Home

Get assistance in determining current property value, crafting a competitive offer, writing and negotiating a contract, and much more. Contact me today.