$10,000 Closing Credit*
$1,525,000
2,702 SqFt
3 Beds
•3 Full Baths, 1 Partial
T.J. McCaa, Listing Office: Cool Digs
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 November 2023
At the same time last year, La Quinta Cove was a Seller's Market.
Key Takeaway
La Quinta Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in La Quinta Cove, CA
How much do homes in La Quinta Cove, CA cost?
Median Sold Price
$525,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+3.4%)
Key Takeaway
Homes in La Quinta Cove have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in La Quinta Cove was $525,000 in November 2024, up 3.4% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $340K | - | N/A |
| 2 Bedrooms | $410K | $415K | +1.2% |
| 3 Bedrooms | $520K | $527.5K | +1.4% |
| 4 Bedrooms | $487.5K | $687.7K | +41.1% |
| 5+ Bedrooms | $570K | $419K | -26.5% |
Summary: La Quinta Cove housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 41.1%, and 5+ bedroom homes decreased by 26.5%.
Housing Supply in La Quinta Cove, CA
How many homes are available in La Quinta Cove, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 114 | +15.2% |
Summary: The La Quinta Cove real estate market had 114 homes for sale in November 2024, a 15.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 75 | 82 | +9.3% |
| 4 Bedrooms | 14 | 19 | +35.7% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The La Quinta Cove housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in La Quinta Cove, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in La Quinta Cove in November 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 36% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 46 Days | +7.3% |
Summary: Homes in La Quinta Cove had an average of 46 days on market in Nov 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Quinta Cove are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in La Quinta Cove; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.