Marty's Home Market Report - June & 1st Half 2019

Real Estate

Show Me the Money! Home Prices on the Rise!

Average Home Sold Prices the first half of 2019 were consistently higher for the majority of Coachella Valley cities, and June sales are no exception. All cities except Indian Wells had higher sold prices, and Pending Homes (future sales), are way up, especially in Indio, where new home construction is attracting eager buyers. It’s also important to note, that the Average Number of Days on Market for homes sold, decreased in 5 of the 8 cities. So, homes are selling faster than they were one month ago. 

La Quinta Tops the Coachella Valley Market for June 2019

More homes were sold in the city of La Quinta than any other city in Coachella Valley, in the month of June, compared to June one year ago. And, at (+20%) increase in the average sold price of homes, La Quinta shared first place along with the city of Bermuda Dunes. 

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•  Number of Homes for Sale, increased in 2019, to (34), compared to (29) in June 2018.

•  Number of Homes Sold, increased to (23), in 2019, from (9) in 2018.

•  Average Home Sold Price, increased (+17%), to $419,000.

•  Average Days on Market, increased to (86), compared to (42), in 2018.

 

A Look at Some  Popular La Quinta Neighborhoods

  No LQ Neighborhood Stats

Neighborhoods

La Quinta North, New X Skate Park

KESQ Article

Family friendly La Quinta finalized plans on X Park, a 40,000 s.f. facility at Westward Ho Dr. and Dune Palms Rd.  It will feature a concrete pump track, modern street course with a variety of stairs, rails and ledges and three distinct bowls that cover the full spectrum of skill levels, and amenities. Due to open in 2020. 

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For generations, my family has built, lived, and enjoyed serving the real estate needs of our friends and neighbors.  I know and understand the desires and needs of the families moving in, and away. When you are ready to buy or sell your home, call me, a known and trusted local REALTOR®, for three decades.  Call for your FREE Home Valuation Report.  (760) 625-6043

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