Trilogy Real Estate Year-Over-Year, Aug. 2018 vs. Aug. 2017

Number of Summer Home Sales Keep Pace, as Home Prices Sputter 

  • Number of Homes Sold: (8) in 2018 vs. (7) in 2017.
  • Pended Homes: (11) in 2018 vs. (9) in 2017.
  • Trilogy Homes for Sale: (46) in 2018 vs. (54) in 2017.
  • Average Home Sold Prices: down (-6%) 2018 vs. 2017.
  • More Days on Market (145) days in 2018 vs. (127) August 2017.

Are Higher Home Prices on the Horizon for Trilogy?  

Although average and median home prices in cities across the Valley have been rising steadily since the beginning of the year, not all are experiencing the same levels of growth.

That’s the case for Trilogy at La Quinta where the average and median Number of Homes Sold and Home Sold Prices, are not yet experiencing the increased demand and higher home prices as some of the other nearby neighborhoods. 

A seasoned REALTOR®, with a strong analytical and economics background, I have good reason to believe that if current local and national market forces stay the same, Trilogy at La Quinta could start to see an uptick in future home prices. Here’s why:

  • Local economic growth and higher home prices in La Quinta could increase demand for Trilogy ‘s lower priced, better value homes.
  • Ten thousand Baby Boomers are retiring every month, and will for years to come.
  • Buyers have more cash on hand. Rising stock portfolios and home equity (in Washington State for example) has given retirees the funds to move.
  • The Fed’s action to increase interest rates often spurs fence-sitters into action.  
  • Rising confidence in local and national economies.

With market forces trending in our direction, now is the time create innovative marketing and sales strategies to attract new 55+ buyers to Trilogy La Quinta.

Announcing! A Real Estate Partnership Exclusive to Trilogy Home Buyers, Sellers and Renters!

A new and exciting real estate partnership was recently launched between me and Devin Sanford known as, “The Elephant,” a top-selling Broker having sold 400+ Shea Homes at Trilogy at Redmond Ridge, Washington. Having lived and worked in the Kirkland-Redmond area for 30 years, I am more than familiar with Trilogy at Redmond Ridge, and the distinctly different environments of each. 

Having started in 2003, both Trilogy’s are considered sister communities, and we know that it is common for homeowners, friends and family members to move between the two locations.

Together, Devin and I are making it easy and seamless for customers to buy, invest, sell, and rent at both Trilogy’s. Our expertise in Shea Homes and Trilogy communities makes it easier for our customers to find the perfect home and lifestyle no matter which direction they are headed. Watch for more information coming soon!

How the City of La Quinta and Coachella Valley Chamber of Commerce Work to Improve Local Economic and Fiscal Prosperity for All 

The City of La Quinta, Council, Mayor and employees are doing a superb job of creating a living and working environment that is second-to-none in the Valley. From local infrastructure improvements, public safety to beautification, this fiscally responsible and well-run City is creating a locale that is distinctive and enticing to people of all ages and all stages of life. 

Mayor Linda Evans will present the City of La Quinta’s State of the City address October 12, at Embassy Suites La Quinta Hotel & Spa. Her address will reflect on the past year’s accomplishments and will present the City’s plans to build on the progress already made. As a member of the Coachella Valley Chamber of Commerce, I will be attending the address and will present its highlights in a new blog on my website. 

The Coachella Valley Chamber of Commerce (CVCC), is working hard to provide the support services necessary to attract and keep small businesses, and to help them thrive. And, they are working with politicians, business and community leaders to promote the Valley as a viable alternative business location and to help make the needed infrastructure improvements necessary to attract, sustain and grow our area’s most vital industries. 

Together, the City of La Quinta and CVCC are laying the groundwork for a bright and sustainable future for us all. 

Donna Offers Trilogy Sellers, Flexible Rates and Personalized Services

If we’ve learned anything during the past several years, it’s that traditional one-size-fits all real estate sales do not work for 55+ communities. Neither does waiting for people to drive by open house and home listing signs, especially when your most interested and qualified buyers live hundreds if not, thousands of miles away. 

The Solution. A proven real estate marketing expert, I have created a series of new business and marketing strategies for 55+ communities, that will give you the best opportunity to get your home sold, quickly and for Top Dollar! 

When you are ready to sell, call 760.289.4276

Sep. 2018 Trendvision® Reports were used to calculate this report and were based on data available at the end of June 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 MLS’s may not reflect all real estate activities in the market.  Information deemed reliable but not guaranteed.