Trilogy 2019 Residential Market Report 

Community Overview

Trilogy La Quinta is a 55+ Active Adult community of 1238 homes spanning 536 acres, built around a golf course. The community built by Shea Homes began in 2003 and was completed in 2011, there are 13 different home models, with less than 400 backing to the golf course. Trilogy homes range in size from, 1386 S.F. to 2,769 S.F.

Trilogy La Quinta 2019 Market Summary

In 2019, Trilogy’s homes were 58% owner occupied, 42% were absentee owners.  For the year, Average Home Sold prices increased (+6%), and Median Prices (+5%), same as for the entire City of La Quinta. 

Of Trilogy homes sold, (44.6%) were on the golf course, and (53%) had a pool. The highest priced home sold for $745,000 and the lowest, $300,000.

The Number of Homes Sold was down by (-12%), 92 vs. 104 in 2018, accounting for the Total Sales Volume being down by (-7%) or, $3,107,490, for a total sales volume of $43,617,361.

One interesting note, is that the city of La Quinta also had home sales decrease by (-4%), but, their sales volume was up (+1%) or, $9,644,868, for a 2019 Total Sales Volume of $864,305,324. A few higher priced homes could have accounted for this.

Additional Trilogy Market Stats

  • Number of New Homes Listed increased (+16%) 107 vs. 92 in 2018. 
  • Days on Market increased by (6%), to 114 vs. 106 in 2018.
  • Sales by Total Dollar Volume decreased (-7%), $3,107,490 for a total sold volume of $43,617,361 in 2019 vs. $46,724,850 in 2018.

  • Trilogy and the City of La Quinta are in lock-step with increases in Average Sold and Median Prices of, 6% and 5%.
  • The Number of Homes for Sale was (+10%) higher for the City, but decreased slightly in La Quinta.
  • Both experienced decreases in the Number of Homes Sold and Pended, although Trilogy’s ran deeper, (-12%) and (–14%).
  • The Number of Days on market decreased slightly for the City, but increased by 6% (114 vs. 106 in 2018).

2019 Trilogy Homes Sold Quarterly by Price

Trilogy Homes Sell Well All Year Long

  • Trilogy Homes Sell Year-Round. Of the 92 Trilogy homes sold in 2019, 49 homes (53%), sold January through June; 43 homes (47% ), sold July through December. 
  • As might be expected, the 1st-quarter, ‘high season’ had more homes sold, but not by as much as you would think. (29%) of annual home closings took place in the first quarter, (24%) in the second quarter, (25%) in the third quarter, and (22%) in the fourth quarter.  Clearly, Trilogy homes sell well all year long.
  • Annually, Homes Sold Under $500,000 represented 60% of Total Annual Sales. The first three-quarters of the year, homes under $500,000 represented 52%-59% of all sales. In the fourth-quarter, the percentage of homes sold up to $500,000, increased to 70% of total sales. 
  • Annually, 12 Homes (13%) sold from $600-$799,999.
  • Annually, 3 Homes (3%) sold from $700-$745,000.
  • 4Q Had the Least Number of Homes Sold, 20, (22%) of annual sales.
  • 4Q Sold Homes Less than $500,000, increased to (70%) of total sales.

Trilogy La Quinta—2019 Homes Sold by Model, Size, Number Sold, Lowest and Highest Prices

The Long Game – Trilogy 6-Years Market Study

Bottom Line. Trilogy home sales on average have been remarkably consistent throughout the past 6 years. The bright spot is that homes at the lower end of the market have increased.  On the flip side, homes priced at the highest end of the market are struggling.

New Listing – 81578 Ulrich Drive

Unparalleled quality is the hallmark of this exceptional and rare golf course home!

Sit back, relax and take in the panoramic golf course and mountain views from your custom, stone-stacked salt-water pool and spa. Or, dine and drink with friends at your restaurant grade fire pit dining table.

Few homes in Trilogy Can Compare!

Designed to capture the natural beauty of this breathtaking location, the property features expansive views of the 2nd  fairway, water view of the 17th green, and sweeping 180˚ views of the Chocolate and Coral mountains. High ceilings, walls of windows, and custom features, make indoor/outdoor living seamless, elevating the comfort and joy of life lived alongside the desert experience.

Special Features:

  • XL premium golf lot;
  • Large, professionally designed pool of desert gold stacked-stone with 2 cascading waterfalls and soothing spa;
  • Custom Granite Fire pit table;
  • Customize your outdoor ambiance by changing pool light colors, yard lighting;
  • Bose sound system inside and outside;
  • Extensive custom patio decking designed from the pages of, ”Architectural Digest;” 
  • Distinctive interiors offer comfort and luxury. 10 ft. ceilings;
  • 6” custom baseboard, and walls of windows capture spectacular views;
  • Electric window sun shades in living room, master BR; imported flooring;
  • Built-in custom wine refrigerator.

This home won’t last. Tell all your friends and neighbors about it. For Complete details and photos visit www.palmspringsdreaming.com 

Call for questions or a personal viewing 206-755-9823 or email donna.ambrose@bhhscaproperties.com

January 2020 FlexMLS® Reports were used to calculate this report and were based on data available at the end of December 2019. 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. Donna Ambrose, REALTOR®, Berkshire Hathaway, HomeServices California Properties, La Quinta, CA, CalBre##02038351