Coldwell Banker Residential Brokerage 1081 N Palm Canyon Drive Palm Springs, CA 92262 Each office independently owned and operated.
LUCIO BERNAL
Old Las Palmas O L D L A S PA L M A S L I V I N G . C O M
Broker Associate | CalBRE# 01236217 CLHMS, Million Dollar Guild
310.383.2466
Lucio.Bernal@camoves.com
JON M. SMITH CalBRE# 01959566 ILHM Member
323.309.6416
M AY 2 0 1 8 R E A L E S TAT E MARKET REPORT
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 9
CURRENT LISTINGS
$
SOLD PRICE
+11.2% from Q1 2017
SOLD
LOW MEDIAN
4
HOMES SOLD IN Q1 2018 Same as Q1 2017
$1,795,000 $1,962,500 $2,050,000
HIGH
1ST QUARTER
REAL ESTATE REVIEW Old Las Palmas is in a
SELLER’S MARKET
14 AVG. DAYS ON MARKET
27 Days Faster than Q1 2017
PRICE PER SQ. FT. +14.1% from Q1 2017
LOW MEDIAN HIGH
93.7%
$496 $597 $662
AVERAGE SP/LP
-5.9% from Q1 2017
Dear Jonathan and Angela-Marie, This statistical analysis represents the average comparisons of 2018 over 2017 for Old Las Palmas. For an in-depth analysis of your home’s value, call us today at 310.383.2466 or 323.309.6416 for a complimentary evaluation. Data based on listings from CLAW MLS from January 1st to March 31st, 2017 and 2018. Information deemed accurate but not guaranteed.
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
Broker Associate | CalBRE# 01236217
Lucio.Bernal@camoves.com
CalBRE# 01959566
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
Jonathan and Angela-Marie, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call us today at 310.383.2466 or 323.309.6416 or visit www.OldLasPalmasLiving.com.
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
Let our marketing go to work for you!
Old Las Palmas Homes Currently Listed
AT A GLANCE ACTIVE
PENDING
SOLD
A visual representation of the MLS data on the right.
List Price Range:
$1,775,000 - $13,000,000 Sales Price Range:
$1,640,000 - $3,000,000
Status
Beds
Baths
Approx. Square Feet*
Year Built
List Price
Active
4
5
3,300
1977
$1,775,000
Active
5
7
3,500
1942
$2,195,000
Active
5
5
3,800
1937
$2,495,000
Active
5
5
4,200
1980
$2,889,000
Active
4
5
4,300
1936
$2,925,000
Active
4
6
4,200
1945
$2,995,000
Active
5
6
4,600
1977
$3,195,000
Active
5
7
4,600
1951
$3,250,000
Active
8
14
15,000
1928
$13,000,000
Average Days on Market (Solds):
There are 4 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.
52 Median Sold Price per Square Foot:
Old Las Palmas Homes Sold in the Last 6 Months
$535
Status
Average Return of Asking Price:
93% © Google 2018
LUCIO’S KNOWLEDGE AND EXPERTISE ARE AMONG THE BEST I HAVE EVER KNOWN. He helped me navigate several current, real time issues that could have easily derailed our real estate transaction. Others did not mention or did not know about today’s real estate ‘landmines.’ Glad to know someone who’s up on this stuff!” — Eldon W.
Beds
Baths
Approx. Square Feet*
Year Built
List Price
Sold Price
Sold Date
Sold
5
7
5,900
1963
$2,775,000
$2,500,000
04/20/18
Sold
4
5
3,200
1950
$1,675,000
$1,640,000
04/18/18
Sold
4
4
3,000
1936
$2,165,000
$2,050,000
03/26/18
Sold
4
4
2,800
1957
$1,990,000
$1,900,000
03/19/18
Sold
6
5
4,000
2000
$2,250,000
$2,025,000
01/30/18
Sold
5
5
3,300
1935
$1,900,000
$1,795,000
01/17/18
Sold
3
5
4,000
2002
$3,495,000
$3,000,000
12/28/17
Sold
6
5
5,000
1937
$2,850,000
$2,627,500
12/05/17
Sold
3
3
2,100
1935
$2,000,000
$2,000,000
11/15/17
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 April 24th, 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. *Estimated square feet rounded down to the nearest hundred. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018