It is HOT here in the Palm Springs area..afterall, we are a desert! Normally our summer season slows down quite a bit from high season, and this summer DID slow down. However, it has been a steady stream of sales for established Realtors. I just sold another Listing and am actively seeking new Listings here in our desert cities so that I may expose them to my supurb marketing system! July saw our 7th consecutive month of price increases for our Riverside County homes (CDAR housing report). Absolutely true, but my Sellers have to be careful not to OVER price their property. Whether you own Land, an Equestrian Ranch, or a Residential property, price it appropriately to SELL!
Your Realtor should advise you of a price/sf that is based on solid comparables and recent sales. After that number is established, you and your Realtor must review carefully y our own personal situation. Do you need to get out now? Are you ok with taking a chance that you will get more money in the high season? Are there family issues? Share all the pertinent information with your Realtor and your La Quinta property will SELL! Who wants to see a FOR SALE sign stuck in the ground if not to actually SELL their property????
My Sales over the past 3 weeks..
1. Lavender Way, Canyon Crest in central Palm Desert. I am representing the Seller and we listed at $413,500..a little ahead of the market. We received a full price cash offer after a couple months of extensive marketing/showings.
2. The Hideaway Golf Club; La Quinta. I brought my Canadian buyers to this lovely home with startling golf course, to Santa Rosa mountain views. $2,795,000. Our local high end golf clubs have been gaining traction over the past 6 months and I expect the price/sf to see a slow, stead rise throughout the winter season.
3. PGA West, Norman course; La Quinta. I am representing the Sellers at $1,349,000. Again..just ahead of the market based on recent comparables, but a very patient Seller. Listed at approx. 100 days, we got our number.
If you are looking to Buy or sell your home in La Quinta, Palm Springs, Rancho Mirage, Palm Desert, Indian Wells or the more easterly areas of our Valley, give me a call at 760-285-3578.