Coldwell Banker Residential Brokerage 1081 N Palm Canyon Drive Palm Springs, CA 92262 Each office independently owned and operated.
LUCIO BERNAL CalBRE# 01236217 CLHMS, Million Dollar Guild
310.383.2466
Old Las Palmas
Lucio.Bernal@camoves.com
JON M. SMITH CalBRE# 01959566 ILHM Member
F E B R U A RY 2 0 1 8 R E A L E S TAT E MARKET REPORT
323.309.6416
Jon.Smith@camoves.com
W W W. O L D L A S PA L M A S L I V I N G . C O M
OLD LAS PALMAS SUCCESS BY COLDWELL BANKER RESIDENTIAL BROKERAGE
Listing Courtesy of Nelson Moe Properties of Coldwell Banker Residential Brokerage
478 West Merito Place | 6 Beds, 5 Baths | 5,012 Est. Sq. Ft. | Sold for $2,627,500 LUCIO’S KNOWLEDGE AND EXPERTISE ARE AMONG THE BEST I HAVE EVER KNOWN.” – ELDON W. Jonathan and Angela-Marie, As your Old Las Palmas real estate experts, it is our mission to help you earn the most from your investment. Contact The Bernal-Smith Group at 310.383.2466 or 323.309.6416 to learn how our marketing and negotiation skills could help you achieve your goals in 2018.
Presented by The Bernal-Smith Group YOUR OLD LAS PALMAS REAL ESTATE SPECIALISTS
Prepared Especially for Jonathan and Angela-Marie Williams
LUCIO BERNAL
JON M. SMITH
310.383.2466
323.309.6416
CalBRE# 01236217
CalBRE# 01959566
Lucio.Bernal@camoves.com
Jon.Smith@camoves.com
OLD LAS PALMAS R E A L E S TAT E M A R K E T R E P O R T
• • • • •
Coldwell Banker Global Luxury Property Specialist Coldwell Banker Global Luxury Ambassador Certified Luxury Home Marketing Specialist – Million Dollar Guild 2017 President of the Palm Springs Regional Association of REALTORS® Certified Residential Specialist, Pricing Strategy Advisor
NEW YEAR = NEW HOME VALUES To find out how your home compares to 2017’s real estate trends visit
W O R L D C L A S S L I F E S T Y L E S I N PA L M S P R I N G S
our website for a complimentary, no obligation home assessment.
THE MEDIAN HOME SALE PRICE WAS UP 31% FOR 2017!
OldLasPalmasLiving.com
OLD LAS PALMAS 2017 YEAR-END REVIEW 2017 MEDIAN: $2,135,000
2017 MEDIAN: $580
Low: $950,000 / High: $3,025,000
Low: $299 / High: $939
2016 MEDIAN: $1,630,000
Sold Price
Low: $1,235,000 / High: $5,750,000
2016 MEDIAN: $570
Price per Sq. Ft.
Low: $333 / High: $875
2017
Number of Homes Sold
Average Days on Market
Avg. Sold Price/ List Price Ratio
Available Monthly Inventory
20
64
97%
7.2
8 MORE HOMES SOLD THAN 2016
LOW: 0 / HIGH: 248 27 DAYS FASTER THAN 2016
LOW: 86% / HIGH: 122% 3% HIGHER THAN 2016
HOMES LISTED IN 2017: 22 HOMES STILL AVAILABLE: 12
Dear Jonathan and Angela-Marie, If you are considering selling, then it’s time to discover the incredible advantages of listing your home during the upcoming months rather than waiting for the spring market. Call 310.383.2466 or 323.309.6416 for our extensive marketing strategy that not only helps position your home effectively, but maximizes your home’s value and selling potential. Reflects data from the CLAW MLS from January 1st through December 31st, 2016 and 2017. Deemed accurate but not guaranteed.
Old Las Palmas Homes Currently Listed Status
Beds
Baths
Est. Square Feet
Year Built
List Price
List Date
Active
4
5
3,264
1950
$1,675,000
10/30/17
Active
5
6
4,350
1961
$1,800,000
10/01/17
Active
4
4
3,281
1957
$1,990,000
01/16/18
Active
4
5
3,322
1977
$1,999,000
10/19/17
Active
4
4
2,695
1952
$2,000,000
01/11/18
Active
5
7
4,451
1935
$2,100,000
01/11/18
Active
5
5
3,867
1937
$2,495,000
01/08/18
Active
5
7
3,544
1942
$2,595,000
05/19/17
Active
5
6
5,922
1963
$2,800,000
10/01/17
Active
4
5
4,312
1936
$2,925,000
01/10/18
Active
7
14
11,080
2003
$7,990,000
04/08/15
Active
8
14
15,000
1928
$13,000,000
10/10/17
There are 2 homes currently pending in Old Las Palmas. For more information on these homes, contact The Bernal-Smith Group today at 310.383.2466 or 323.309.6416.
Old Las Palmas Homes Sold in the Last 6 Months Beds
Baths
Est. Square Feet
Year Built
List Price
List Date
Sold Price
Sold Date
Sold
Status
3
5
4,063
2002
$3,495,000
08/09/17
$3,000,000
12/28/17
Sold
6
5
5,012
1937
$2,850,000
05/10/17
$2,627,500
12/05/17
Sold
3
3
2,131
1935
$2,000,000
11/14/17
$2,000,000
11/15/17
Sold
3
4
3,802
1980
$1,385,000
10/11/17
$1,385,000
10/11/17
Sold
5
4
3,301
1948
$2,150,000
06/16/17
$2,050,000
07/28/17
Sold
3
3
1,870
1928
$1,250,000
05/25/17
$1,200,000
07/21/17
Lucio Bernal, Jon M. Smith, The Bernal-Smith Group, Coldwell Banker Residential Brokerage, and Coldwell Banker Global Luxury are not in any way affiliated with Old Las Palmas Owners Association, nor is this in any way an official advertisement or publication of Old Las Palmas. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CLAW MLS as of January 17th, 2018. Listings and sales may not be those of Coldwell Banker Residential Brokerage or Coldwell Banker Global Luxury. The National Association of Realtors® and the CLAW MLS do not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018