55+ Market Report: Trilogy La Quinta, Polo Club, Sun City, Palm Desert
Low Inventory Sparking Higher Prices and Quicker Sales
Compared to Nov. 2017, the Number of Homes for Sale in Trilogy La Quinta are down 22%. While the Number of Homes for Sale in Sun City Palm Desert remains the same as last November, at only 75, it is only 1.5% of the total number of homes (5,000) in the entire community.
Home Sold Prices are up double digits for both Trilogy at La Quinta and Sun City Palm Desert, and the Number of Days on Market for each community is continuing to decline.
Trilogy Polo Club is still under construction so comparative figures over last year are not relevant.
High Expectations for High Season Home Sales
If inventory of homes continue at these low levels through the high season, January through April, we can expect to see home prices to rise and even quicker selling times.
55+ Active Adult Communities: Vive La Difference!
Every 55+ Active Adult Community, has its own distinct personality and lifestyle. Its size, scope, location, amenities, home styles, and prices, even Home Owner Associations’ rules and policies, differ vastly from one community to the next.
Each property is designed specifically by its developers to appeal to a particular audience of 55+ full and part-time homeowners. So, when it comes to buying a home people need to consider much more than just the house and its price.
Remember, most people spend 20 to 30 years in retirement. Making sure that the home and community you choose is a perfect fit for your individual lifestyle, personal needs, and personality, is key.
For example, people seeking a smaller, more secluded golf and tennis resort community might choose Trilogy La Quinta over a 5,000 home, multi-golf course, with connected retail complex like Sun City Palm Desert.
A younger more physically active, pre-retiree couple with children might buy into a community like Trilogy Polo Club that is closer to the action, that offers lower maintenance contemporary-styled homes, and a lifestyle with on-site amenities resembling that of a vacation-inspired resort.
Make the Smart Move, Hire a REALTOR® that knows and can explain the differences of all the communities.
I specialize in the 55+ communities of La Quinta, Indio and the Palm Springs area. I can explain the differences and ensure you make a choice that is just right for you!
While many agents sell homes in the 55+ communities of Trilogy La Quinta, Trilogy Polo Club and Sun City Palm Desert, none have the business, finance and personal experiences that I have to offer.
Selling and buying homes at any age is stressful but the considerations that need to be made as we age are even more critical. Having a REALTOR with the experience you need and passion to help make your future the best it can be, makes the experience easier, less stressful and enjoyable, as it should be!
Let’s chat! 760.289.4276; firstname.lastname@example.org or to sell or buy your next home. www.palmspringsdreaming.com
NOV 2018 Trendvision® Reports were used to calculate this report and were based on data available at the end of NOV 2018. All reports presented are based on data supplied by the Desert Area MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association of its MLSs may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.