Is La Quinta Cove, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, La Quinta Cove has remained a Seller's Market.
Housing Prices in La Quinta Cove, CA
How much do homes in La Quinta Cove, CA cost?
Median Sold Price
$524,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Quinta Cove was $524,000 in April 2024, the same as last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $340K | N/A |
2 Bedrooms | $415K | $440K | +6.0% |
3 Bedrooms | $521.5K | $525K | +0.7% |
4 Bedrooms | $599K | $480K | -19.9% |
5+ Bedrooms | $625K | $494.5K | -20.9% |
Summary: La Quinta Cove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 19.9%, and 5+ bedroom homes decreased by 20.9%.
Housing Supply in La Quinta Cove, CA
How many homes are available in La Quinta Cove, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 89 | +6.0% |
Summary: The La Quinta Cove real estate market had 89 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 64 | 70 | +9.4% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The La Quinta Cove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in La Quinta Cove in April 2024, down by 5.6% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for La Quinta Cove, CA
How long does it take to sell a home in La Quinta Cove, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 48 Days | -7.8% |
Summary: Homes in La Quinta Cove had an average of 48 days on market in Apr 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in La Quinta Cove; 47% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.