La Quinta, CA

La Quinta is a city in the state of california with a population of roughly 40,929. It is in Riverside County, California the Riverside-San Bernardino-Ontario, CA core-based statistical areas (CBSA), and the Los Angeles-Long Beach, CA combined statistical area (CSA).Its Zip codes include 92253 .

The Changing Face of La Quinta: Trends in Home Prices

Real estate in La Quinta, CA is a hot commodity. The area has a population of just over 100,000 people and is located just outside of Palm Springs. There are plenty of homes for sale in La Quinta, but the market is also very competitive.

The median home price in La Quinta was $527,500 as of September 2017. This is significantly higher than the statewide median home price of $394,900 and the national median home price of $269,900. However, this high median price may not be indicative of the overall market conditions in La Quinta. In fact, according to Zillow’s Home Value Index (HVI), only 3% of homes in La Quinta are worth more than $1 million. This indicates that there are plenty of affordable options available for buyers looking to purchase a home in La Quinta.

One reason why the market for real estate in La Quinta is so competitive is because there are many desirable amenities available nearby. For example, residents can enjoy world-renowned golf courses such as The Desert Club and The Quail Golf Club at Torrey Pines State Park or play tennis at The Racquet Club at Rancho Mirage Resort & Spa. There are also numerous shopping opportunities available within close proximity to La Quinta including outlet malls like Fashion Place at Riverside and Town Center at Temecula Valley Mall as well as major department stores like Macy’s and Nordstrom Rack. Finally, residents can enjoy all that Palm Springs has to offer including its many restaurants and nightlife options.

Despite these attractive amenities, buyers should be aware that the housing market in La Quinta remains very competitive with limited inventory available on the market. As such, it may take some time for interested buyers to find an appropriate property that meets their needs and budget constraints.

Price Index: Riverside-San Bernardino-Ontario, CA

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