Market Stats - NUMBER1EXPERT(tm)

La Quinta, Trilogy, PGA WEST and Palm Springs real estate and homes for sale in California - Susan Eidler, REALTOR®

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Susan Eidler, REALTORŽ, real estate agent and broker for La Quinta, Trilogy, PGA WEST and Palm Springs California home listings, property and land for sale - NUMBER1EXPERT(tm)

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"Everyone seemed to know her and respect her"
"Over the next year, Susan kept us informed of properties that met our (changing) brief and we were impressed by her knowledge of the market."
Graeme and Rachel Baillie
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Welcome > Local Info >Market Stats ...

Here are some monthly Market Statistics for the La Quinta area.

Market Stats on 1/1/09

Trilogy

PGA West

Mountain View

Rancho La Quinta

Citrus

Dune/Mtn Course

Andalusia

Active Listings

70

215

45

95

50

48

18

Under Contract

3

9

4

5

1

1

1

DOM

99

132

134

109

115

134

102

<$350K

11

15

0

0

0

0

0

$350-$500

27

37

0

1

0

9

0

$500-$750

26

58

7

26

6

23

0

$750-$1.0M

6

39

13

25

19

11

0

$1.0M-$1.5M

0

46

19

20

10

0

2

$1.5M-$2.0M

0

10

6

18

3

0

10

>$2M

0

10

0

6

12

5

6

Trilogy Market Statistics by Model

Trilogy Market Stats on 1/1/09

Maurea

Oasis

Monterey

Caspian

Monarch

Anise

Oreas

Cassius

Tamarisk

Mesquite

Juniper

Talea

Active Listings

10

9

16

1

6

1

4

1

2

3

1

0

Under Contract

0

0

0

0

0

0

1

0

0

0

1

0

Days on Market

101

75

75

59

92

141

181

32

65

175

122

0

If you would like more information about the great shopping and stores in the La Quinta, Trilogy, PGA WEST and Palm Springs areas, just fill out the form below. I promise to get right back to you!

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Pricing >The Value of Your House

One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.

How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.

Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.

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Q	What are considered the ideal conditions for a seller's market?
A	In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS.
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Susan Eidler
Desert Dreaming Realty, Inc.
78365 HWY 111, #166
La Quinta, CA 92253
Direct: 760-341-3172
Fax: 775-855-9541
Email: susan@DesertDreamingRealty.com
Any real estate professional in today's world must be tech-equipped, have a depth of knowledge about values and cycles and most importantly be a smart marketer. Be capable of creating a demand for your home if selling, and able to find the very best value for you when you are buying. Real Estate License # 01224568 CA

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