Why Now is the Time to List your La Quinta Home

By
Real Estate Agent with California Lifestyle Realty DRE# 1780607

Why Now is the Time to List your La Quinta Home 

 

 


We have had a crazy year so far, and the real estate market is no different. It has been an unusually active spring and summer despite the hot temperatures and the absence of most home owners in the off season.  So why would now be the best time to list your home? Here are a few reasons:

1.  HIGH DEMAND:  Californians are tired of staying home. They do not want to get on a plane.  The desert makes perfect sense for a weekend getaway, second home, investment property, or part-time residence.  LA and beach people can drive here in a few hours and have a complete change of scenery.  We have mountain views, golf courses, tennis, sunny skies, and fresh air... plus a lot fewer people.  Industry experts report that homebuying demand is up by 25% over pre-pandemic levels. (Based on loan applications).  Considering the number of homes that are purchased with cash in the desert... the number is probably much higher. 

La Quinta Homes2.  LOW INVENTORY: Inventerory is incredibly low in the entire Coachella Valley, down over 17% from the same time last year. Low supply and high demand equals higher prices.  I had a single-family home in La Quinta Country Club receive 5 offers in the first few days on the market, and 3 of them were over asking. 

La Quinta Country Club homes

 

 

 

 

3.  AFFORDABILITY:  With interest rates at an all-ime low and the low price/sqare foot in our area, it is prime time for buyers to step up and purchase.  Our price/square foot at La Quinta Country Club averages $250/ft. Higher end- and completeley remodeled homes and condos can fetch $300-$350/sq.ft. But these are well belowthe market prices in most neighborhoods in LA, San Diego, Beach Cities, and cities  in northern California. 

4.  DESERT APPEAL:  The Palm Springs and La Quinta lifestyle is like no other.  The area has long been a place that old Hollywood, celbrities, dignitaries, and even Presidents flock to.  Frank Sinatra lived here... and you know, he could live anywhere. With over 100 golf courses, world class tennis, Santa Rosa Mountains, resort style living, and warm winters it truly is living in paradise.  Over the years there has been a rise in full time residents as our secret gets out about the La Quinta lifestyle.  Golf in the morning, a quick swim,  shopping and dining in the afternoon, and those balmy desert evenings. La Quinta Homes Schowe Properties

If you are thinking of buying or selling in La Quinta, give me a call.  I would love to assist in selling your La Quinta home- or welcome you to your new desert lifestyle!

Photos by One Point Media Group

 

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Kathy Schowe   760.333.8886  California LifestyleRealty  California Lifestyle RealtySchowe Properties                                           

        

                  
                                   

Comments (3)

Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good evening Kathy Schowe ,

Love the photos and your reasoning why know if the time to sell your La Quinta home. I have a grand-daughter going to San Diego State and she went to Palm Springs with a roommmate whose parents have a second home there to get away for the week-end and chill

Sep 13, 2020 04:56 PM
Kathy Schowe

The desert is a great place to get away... and many people really want to do that right now!  :-)

Sep 13, 2020 06:48 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Kathy all I can say is great advice and lovely photos, hope the sellers are listening, Endre

Sep 13, 2020 10:07 PM
Kathy Schowe

Me too!!  I do have several listings coming over the next 2 weeks... so that's a good thing!  Kathy

Sep 15, 2020 10:35 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Kathy Schowe - I think that places like La Quinta are retreats and lots of social distance.  People want to get away from crowded spaces.

Sep 14, 2020 06:19 AM
Kathy Schowe

Yes- that seems to be the trend!  And it is to our benefit!  Kathy

Sep 15, 2020 10:34 PM