La Quinta Real Estate Market Conditions & Reports, La Quinta Market Trends, California

Market Commentary Provided by Susan Eidler

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Susan Eidler
Desert Dreaming Realty, Inc.
La Quinta, California
760-341-3172
susan@desertdreamingrealty.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$325,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in La Quinta is

Seller Activity for the past 90 days in La Quinta is

Is Financing Available For Qualified Buyers in La Quinta?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

La Quinta golf communities, PGA WEST, Rancho La Quinta, Trilogy La Quinta, The Citrus, Santa Rosa Cove, Mountain View Country Club

Reason to Buy/Sell

Other

Average Sold Price

$325,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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