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July 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through July, 2011.


City of La Quinta home sales by month since January, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

Open escrows in July decreased overall by 5.7% while the number of Escrows for the more expensive Golf Properties decreased by 1.4%. Since this is the first “summer” month the slight downturn is expected and sales most likely will continue to decline through August and September. The number of “short sales” and “bank owned” properties being offered at reduced prices seem to be remaining at higher levels then in the past and this is affecting the entire market. Remember that although you “may” get a home at a lower price if you wait, the mortgage interest rate will likely be higher so the purchase will wind up costing you more over time.

Closed home sales in July showed a 27.0% decrease over June making July slightly lower than July 2010. Although the general attitude of the majority of people we talk to is that the market has hit the bottom but we are beginning to hear some folks saying they’re going to wait a little longer. The slightly increasing mortgage interest rates may add some urgency to our industry.


Golf Course home sales in La Quinta.

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) decreased 27.0% in July. However the average price per square foot increased 7.3% in July over June..

Overall, we are still seeing positive signs in the market place. There has been a steady increase in activity through June. The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market. Most lenders seem to be trying to deal more efficiently with the inventory of distressed properties although dealing with a short sale of foreclosure can still be a challenge.

Coachella Valley Inventory:
On July 31, there were 5,099 active listings (down 4.1% from June), 2,390 units in escrow (down 3.9% from June) totaling 7,489 units (down 4.0% from June) available for sale which makes 31.91% of the total in Escrow (Up 0.06% from June) – which means we are working on reducing the supply which will ultimately increase demand and improve the market.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 890 341

* Remember that the sales numbers represent “Closed” escrows. Since the average escrow is between 45 and 60 days, the decision to purchase the homes that closed in June was probably made in March to early April.

Source: DesertAreaMLS

Categories: Business of Real Estate, Golf, La Quinta Communities, Monthly Sales Reports, Price Analysis
Tags: City of La Quinta, coachella valley golf, Gallaudet Properties, HK Lane Real Estate, la quinta, la quinta golf, la quinta golf property, la quinta home sales, la quinta real estate, sale report

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June 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through June, 2011.


City of La Quinta home sales by month since January, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

Open escrows in June decreased overall by 12.3% while the number of Escrows for the more expensive Golf Properties decreased by 23.1%. We seem to be in a period of retreat fueled by the uncertainty in the economic health of the country. Prices have started to decline again after almost two years of relative, seasonal stability. This can be attributed to three causes. First, historically, prices tend to decline in the hot summer months as demand lessens. Second, there seems to be an increase in the number of “short sales” and “bank owned” properties being offered at reduced prices affecting the entire market and third, consumer confidence has taken another hit from yet another debate concerning the nations economy. Real estate sales mirror the level of consumer confidence – when confidence goes up, our sales go up. Remember that although you “may” get a home at a lower price if you wait, the mortgage interest rate will likely be higher so the purchase will wind up costing you more over time.

Closed home sales in June showed a 10.3% increase over May making June the best month in La Quinta since before 2008. Although the general attitude of the majority of people we talk to at open houses is that the market has hit the bottom but we are beginning to hear some folks saying they’re going to wait a little longer. The slightly increasing mortgage interest rates may add some urgency to our industry.


Golf Course home sales in La Quinta.

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) remained relatively steady in June (down just 1.8%). However the average price per square foot decreased 16.1% in June over May attributable to an increase in the destressed property inventory.

Overall, we are still seeing positive signs in the market place. There has been a steady increase in activity through June. The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market. Most lenders seem to be trying to deal more efficiently with the inventory of distressed properties although dealing with a short sale of foreclosure can still be a challenge.

La Quinta Inventory:
On June 30, there were 5,319 active listings (down 9.0% from May), 2,486 units in escrow (down 7.7% from May) totaling 7,805 units (down 8.6% from May) available for sale which makes 31.85% of the total in Escrow (Up 1.0% from May) – which means we are working on reducing the supply which will ultimately increase demand and improve the market.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 777 304

* Remember that the sales numbers represent “Closed” escrows. Since the average escrow is between 45 and 60 days, the decision to purchase the homes that closed in June was probably made in March to early April.

 

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May 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through May, 2011.

City of La Quinta home sales by month since January, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

Open escrows in May increased overall by 4.9% while the number of Escrows for the more expensive Golf Properties decreased by 5.2%. May is the second consecutive monthly decrease after increasing for the previous 6 months. I believe that, as the economic recovery gathers momentum, buyers are aware that Interest rates will also start to increase which makes “now” a great time to buy a home. I recently read an article offering a retort to a buyers comment “I’ll wait until the prices really hit bottom…” The article pointed out that although you may get the home at a lower price, the mortgage interest rate will be higher so the purchase will wind up costing you more over time.

Closed home sales in May showed a 8.9% decrease over April, the best month in La Quinta since June of 2010, but it is 2.3% higher than April, 2010. Although the general attitude of the majority of people we talk to at open houses is that the market has hit the bottom but we are beginning to hear some folks saying they’re going to wait a little longer. The slightly increasing mortgage interest rates may add some urgency to our industry.

Golf Course home sales in La Quinta.
The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) showed an increase in May over the increase in April. However the average price per square foot decreased 2.6% in May over April.

Overall, we are still seeing positive signs in the market place. There has been a steady increase in activity through May but June has slowed somewhat.. The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On May 31, there were 5,848 active listings (down 6.1% from April), 2,694 units in escrow (down 1.3% from April) totaling 8,542 units (down 4.7% from April) available for sale which makes 31.54% of the total in Escrow (Up 1.07% from April) – which means we are working on reducing the supply which will ultimately increase demand and improve the market.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.
Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 621 247

* Remember that the sales numbers represent “Closed” escrows. Since the avergae escrow is between 45 ans 60 days, the decision to purchase the homes that closed in March was probably made in December to early January.

 

 

 

 

 

 

 

 

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April 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through April, 2011.


City of La Quinta home sales by month since January, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

Open escrows in April increased overall by 7.7% while the more expensive Golf Properties decreased by 3.0% after increasing in past 6 months. I believe that, as the economic recovery gathers momentum, buyers are aware that Interest rates will also start to increase which makes “now” a great time to buy a home.
Closed home sales in April showed a 9.0% increase over March and made April the best month in La Quinta since June of 2010. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation. Also, the slight increase in mortgage interest rates may have added some urgency to our industry.


Golf Course home sales in La Quinta.

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) showed an increase in April over the small declined in March. However the average price per square foot decreased 4.1% in April over March.

Overall, we are still seeing positive signs in the market place. There has been a steady increase in activity since Labor Day and more noticeably in February and March – the height of our season. The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On April 30, there were 6,231 active listings, 2,730 units in escrow totaling 8,961 units available for sale which makes 30.47% of the total in Escrow.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 488 191

* Remember that the sales numbers represent “Closed” escrows. Since the avergae escrow is between 45 ans 60 days, the decision to purchase the homes that closed in March was probably made in December to early January.

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March 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through March, 2011.


City of La Quinta home sales by month since January, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

March continues to show a rebound from the months of December and January’s declining sales numbers making the first quarter of 2011 the strongest since before the same quarter in 2008.  We continue to see an  improvement in consumer confidence and interest in the “over $1 million” market. Open escrows in March increased overall by 12.3% while the more expensive Golf Properties increased by 13.8% after an increase in February.  I believe that, as the economic recovery gathers momentum, buyers are aware that Interest rates will also start to increase which makes “now” a great time to buy a home.

Closed home sales in March showed a 5.6% increase over February and made March the best month in La Quinta since June of 2010. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation. Also, the slight increase in mortgage interest rates may have added some urgency to our industry.

Golf Course home sales in La Quinta.

Unlike the overall sales numbers above, the sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) also declined slightly in March. However the average price per square foot increased 15.6% in March over February.
Overall, we are still seeing positive signs in the market place. There has been a steady increase in activity since Labor Day and more noticeably in February and March.  The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On March 31, there were 6,691 active listings, 2,567 units in escrow totaling 9,258 units available for sale which makes 27.73% of the total in Escrow.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 343 135

* Remember that the sales numbers represent “Closed” escrows. Since the avergae escrow is between 45 ans 60 days, the decision to purchase the homes that closed in March was probably made in December to early January.

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February 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through February, 2011.

City of La Quinta home sales by month since February, 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

February marks a rebound to the two previous months of declining sales numbers, we continue to see a marked improvement in consumer confidence and an increase in interest in the “over $1 million” market.  Open escrows in February increased overall by 7.2% while the more expensive Golf Properties increased by 11.5% after an increase in January.  I believe that, as the economic recovery gathers momentum, buyers are aware that Interest rates will also start to increase which makes “now” a great time to buy a home.  Closed home sales in the 28 days in February showed a 39.8% increase over the 31 days of January and made February the best month in La Quinta since June of 2010. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation.  Also, the slight increase in mortgage interest rates may have added some urgency to our industry.


Golf Course home sales in La Quinta.

Like the overall sales numbers above, the sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) also took a significant 93.1% jump in February. The average price per square foot only increased 2.5% in February over January.

Overall, we are still seeing positive signs in the market place.  There has been a steady increase in activity since Labor Day and more noticeably since the beginning of November.　The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On February 28, there were 7,023 active listings, 2,439 units in escrow totaling 9,462 units available for sale which makes 25.78% of the total in Escrow.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002: 

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 211 85　
Categories
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January 2011 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through January, 2011.

City of La Quinta home sales by month since January 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data magenta lines represent 2010 and the green lines represent 2011 data.

Although, January marks the second straight month of declining sales numbers, we continue to see a marked improvement in consumer confidence and an increase in interest in the “over $1 million” market.  Open escrows in January increased overall by 4.2% while the more expensive Golf Properties increased by 14.7% after a decline in December.  I believe that as the economic recovery gathers momentum, buyers are aware that Interest rates will also start to increase which makes “now” a great time to buy a home.  Closings in December and January made those two of the best months that Gallaudet Properties has ever had and February looks good too!  The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation.  Also, the slight increase in mortgage interest rates may have added some urgency to our industry.

Golf Course home sales in La Quinta

Like the overall sales numbers above, the sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) also declined in January. The average price per square foot remained unchanged in January over December.
Overall, we are still seeing positive signs in the market place.  There has been a steady increase in activity since Labor Day and more noticeably since the beginning of November.　The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becoming more available, continue to be a stumbling block in the higher end market.
La Quinta Inventory:
On January 31, there were 7,153 active listings, 2,247 units in escrow totaling 9,399 units available for sale which makes 23.91% of the total in Escrow.
If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530
2011 YTD 86 29　
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December 2010 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through December, 2010.


City of La Quinta home sales by month since January 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data and the magenta lines represent 2010 data.

Although the December numbers are down slightly, we continue to see a marked improvement in consumer confidence and an increase in interest in the “over $1 million” market in December after very little interest in that segment over the past year. Open escrows in December declined 5.1% which is not too surprising with the Holidays and our books indicate a strong January in the making.  There has been, in my humble opinion, a dramatic change in consumer confidence for the better.  Now buyers seem to be willing to make a move and in fact are making moves.  Closings in December and January will be two of the best months that Gallaudet Properties has ever had! Prices seem to have stabilized and, now that the “Capital Gains” tax issue (“Bush tax cuts”) is behind us for the next 2 years the activity in the $1,000,000 and above market has improved and we are putting some of the higher priced homes under contract. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation.  Also, the slight increase in mortgage interest rates may have added some urgency to our industry.


Golf Course home sales in La Quinta

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) have declined in December which is typical of the Holiday months of November and December. The average price per square foot declined 17.9% in December over November’s 38.6% increase.  Other than last year, December has been a little weak do to the holidays that devert attention away from our industry.

Overall, we are still seeing positive signs in the market place.  There has been a steady increase in activity since Labor Day and more noticibly since the beginning of November.　The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becomming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On December 31, there were 6,857 active listings, 2,136 units in escrow totalling 8,993 units available for sale which makes 23.75% of the total in Escrow.

If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 1,355 530　
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November 2010 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through November, 2010.
City of La Quinta home sales by month since January 2008*

The blue lines represent 2008 data, the orange lines represent 2009 data and the magenta lines represent 2010 data.

With the arrival of the 2010-2011 season and the passing of the elections, we have noticed a marked improvement in consumer confidence and the seasonal increase of the La Quinta home sales for November after the annual slump in October. Sales showed a marked increase in November over October and has surpassed the same months in 2008 and 2009.  Open escrows in November rose 7.7% which is obviously a good thing and lets us look forward to a strong December.  There has been, in my humble opinion, a dramatic change in Consumer confidence.   Through the summer, buyers have looked at homes and left the impression that they would return when times got better.  Now they seem to be willing to make a move and in fact are making moves.  Prices seem to have stabilized in the under $1,000,000 market and although jumbo loans are not any easier to get, the activity in the $1,000,000 and above market has improved and we are putting some of the higher priced homes under contract. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation.


Golf Course home sales in La Quinta

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) have improved even more than the total with the arrival of the season. The average price per square foot rose 38.6% in November over October’s 14% decline. Historically, October has been a “down” month but this November has showed a 56.3% increase in the average price of the Golf Course home sold in October.

Overall, we are still seeing positive signs in the market place.  There has been a steady increase in activity since Labor Day and more noticibly since the biginning of November.　The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans, although becomming more available, continue to be a stumbling block in the higher end market.

La Quinta Inventory:
On November 30, there were 7,059 active listings, 2,288 units in escrow totalling 9,347 units available for sale which makes 24.5% of the total in Escrow.

If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 YTD 1,248 496　(Nov)
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August 2010 Price Report

Here are the latest sales numbers for all homes sold within the City of La Quinta as well as all Golf Course homes in La Quinta through August 2010.

La Quinta home sales since January 2008
City of La Quinta home sales since January 2008

The blue lines represent 2008 data, the orange lines represent 2009 data and the magenta lines represent 2010 data.

The chart above shows monthly sales of homes within the city of La Quinta*.

As is typical of the hot summer months, the La Quinta home sales for August were lower than July and for the first time since June, 2009, lower than the same month a year earlier. Open escrows in August dropped 6% which is not terribly surprising during the hot summer months but is an indicator of the usual lazy sales for the next few months. Consumer confidence, which seemed to have steadied in the previous few months has turned into a wait and see attitude leading up to the November Mid-term elections. Prices seem to be stabilizing in the under $1,000,000 market. The above $1,000,000 market has not seen the improvement of the under $1m market but this is likely due to the unavailability of jumbo loans. The general attitude of the people we talk to at open houses is that the market has hit the bottom and that is backed up by current prices versus historical appreciation.

Golf Course Real Estate slae in La Quinta
Golf Course home sales in La Quinta

The sales-volume numbers in the higher-end market (which contains many of the golf properties in the chart above) have fallen off as expected with the arrival of the summer heat. The average price per square foot has dropped 11.5% over July’s prices.

Overall, we are still seeing positive signs in the market place. People on the street that we talk to believe that prices have bottomed out. The mortgage industry is the best it’s ever been for conventional loans but the “jumbo” loans continue to be a stumbling block in the higher end market. The bottom line is that at the beginning of the downturn in 2006, there were over 10,000 homes available for sale in the Coachella Valley – a real glut.  Currently, that number is down to under 5,115 with 1,906  (37%) of those currently under contract. As the supply dwindles, the market begins to stabilize and people feel more comfortable to get back into the marketplace.

If buying property is something on your list (especially golf property), why not take advantage of the incredible prices and seller incentives now, when sellers will work with you, instead of in the future, when the demand starts to catch up with the supply? Especially if you’re buying and planning to hold for 5+ years.

Here are some yearly sales figures (units) for the City of La Quinta from 2002:

Year All LQ Golf Course
2002 1,354 259
2003 1,565 652
2004 1,931 813
2005 1,553 657
2006 1,098 491
2007 935 447
2008 1,063 416
2009 1,155 418
2010 YTD 914 390 (August)

* When looking at “sold” data, you have to remember that the numbers are generated on the date that the sale is recorded with the county but that the decision to buy was made about 45 – 60 days earlier.

Figures are from the Desert Area MLS