Coachella Valley Real Estate By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!
Coachella Valley Properties By Kimberley, SFR, HAFA, GREEN
Residential, Equestrian, Land
I Do Real Estate The Same Way I Played Polo – To Win!

All Posts tagged la quinta market reports

La Quinta Community of The Quarry – Market Report

LA QUINTA’S GOLD MINE OF A GOLF CLUB – THE QUARRY

La Quinta's Golf Community - The Quarry . . . One of Golf's Finest

The Quarry at La Quinta offers an exclusive desert lifestyle

La Quinta’s golf community The Quarry is quite unique… and there are many reasons why it has been recognized by Travel and Leisure Magazine as one of America’s top golf communities. If you’ve ever visited The Quarry, you would immediately understand.  Its picturesque location, nestled in a cove at the base of the Coral and Santa Rosa Mountains on an old mining site, creates an allure and feeling of total exclusivity, privacy and security. This is where Native Americans roamed and the Old West once flourished.  Life-size bronze sculptures strategically placed around the property artfully pay homage to the land’s history.

Hidden up a curving entrance road, the Fazio designed golf course at The Quarry cuts a dramatic oasis-like swath up the cove… with manicured fairways and four lakes, streams and waterfalls encircled by lush indigenous landscaping.  Owning a home at The Quarry is a privilege unlike anywhere else in the Palm Springs Valley.

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Andalusia at Coral Mountain, La Quinta, California – Market Update

Andalusia at Coral Mountain, La Quinta, CA

Andalusia’s championship golf course poses a magnificent view

ANDALUSIA’S STORY

Andalusia at Coral Mountain in La Quinta, California has proved that the Phoenix can rise from the Ashes!  After the recession, from 2008 until 2012, many of Andalusia’s existing homes were sitting vacant.  The past couple of years has seen a resurgence in sales at this community … as not only have all of those vacant homes sold, but 41 more homes are currently under construction and will be available for move-in this fall.  The demand is positively there and many of the new builds are already under contract.

Andalusia offers 6 different home plans ranging from 3,280 to 5,131 square feet. New home prices range from approx. $1.4 to $2 million.  Resale prices range from approx. $1,075,000 to $2,350,000

ALL THAT ANDALUSIA HAS TO OFFER

La Quinta, California is a stunning location for Andalusia, from its striking front entrance to its spectacular setting among the surrounding mountain views.  This Club attracts vital and active homeowners looking to belong to a community where something New is offered.  The Vibe is Vibrant at Andalusia!

Golfing is a big draw here, as the Club’s championship 18-hole golf course designed by Rees Jones is highly prized as one of the longest and “most playable courses in the desert,” complemented by 9 lakes, 3 waterfalls and a plethora of gorgeous landscaping against a dramatic backdrop of the Santa Rosa Mountains.  November 2015 brings the opening of a new Golf Clubhouse at Andalusia, further expanding it’s offering of amenities and services to its community.

Andalusia in La Quinta offers NEW homes to buy!

Andalusia in La Quinta offers NEW homes to buy!

There’s so much to do at Andalusia, you can be as active as you’d like to be.  From Tennis, Swimming, Fitness Center, Game Room, Hiking, Biking, Dog Park . . . and the multitude of nearby attractions to visit such as Old Town La Quinta, SilverRock Resort, La Quinta Hotel & Spa and more . . . there’s Never a dull moment to be had when you choose your residence at Andalusia at Coral Mountain!

ANDALUSIA AT CORAL MOUNTAIN MARKET UPDATE

Total number of homes for sale:  25

Total number of homes in Escrow:  33

Total number of homes sold in past 6 months:  9

 

 

 

 

 

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La Quinta’s Luxury Home Sales continue to improve.

La Quinta’s Luxury Home Sales continue to improve.
PGA West custom home: $1,595,000

PGA West custom home: $1,595,000

Luxury Home Sales for the City of La Quinta have continued to increase over the past 6 months.  Luxury Home sales are homes sold for $1,000,000 +.

Luxury Home Sales by Month:

July, 2011:  A total of 3 homes sold with 5 homes pending

August, 2011:  A total of 7 homes sold and 7 homes pending

September, 2011:  A total of 3 homes sold with 5 homes pending

October, 2011:  A total of 6 homes sold and 6 homes pending

November, 2011:  A total of 13 homes sold with 8 homes pending (Nice jump!)

December, 2011:  A total of 9 homes sold and 8 homes pending

From July, 2011 to December 2011, there was a 200% increase in total number of Luxury homes SOLD.    The Average SOLD price decreased by approximately 11% over the same 6 month period.  Average days on the market has come way down too.  In July, these homes were taking approx. 266 days to move, but by December, it was only 187 days.  So..prices have come down a bit, homes don’t sit as long, and sales have gone up!

Interesting note:  The price/sf has increased pretty steadily.  In July, it was $467/sf, dropped to $328/sf in November of 2011, but by December, the average price/sf was back at $439.

La Quinta’s Luxury Homes are definately having a shorter shelf life.  If you’re thinking about that luxury home, it might be a good time to get out and take a look at the Inventory in La Quinta.

 

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