Lucio Bernal - Vista Las Palmas - Feb 2018

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

Vista 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. V I S TA L A S PA L M A S L I V I N G . C O M

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 Vista 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 VISTA 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

VISTA 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 our website for a complimentary, no obligation home assessment.

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

THE MEDIAN HOME SALE PRICE WAS UP 31% FOR 2017!

VISTA LAS PALMAS 2017 YEAR-END REVIEW

Sold Price

2017 MEDIAN: $1,572,500

2017 MEDIAN: $676

Low: $875,000 / High: $2,000,000

Low: $392 / High: $784

2016 MEDIAN: $1,200,000

2016 MEDIAN: $462

Low: $699,000 / High: $2,930,000

Price per Sq. Ft.

VistaLasPalmasLiving.com Vista Las Palmas Homes Currently Listed Status Active Active Active Active Active Active Active Active

Low: $271 / High: $709

Beds 4 3 4 3 4 4 6 5

Baths 3 2 3 3 3 4 5 6

Est. Square Feet 2,481 1,828 2,238 2,474 2,616 3,000 3,076 3,494

Year Built 1961 1961 1961 1960 1957 1961 1958 1958

List Price $1,450,000 $1,490,000 $1,499,000 $1,549,000 $1,675,000 $1,775,000 $1,950,000 $1,995,000

List Date 11/14/17 01/08/18 01/04/18 10/16/17 10/13/17 11/06/16 10/15/17 10/20/17

There is 1 home currently pending in Vista Las Palmas. For more information on this home, contact The Bernal-Smith Group today at 310.383.2466 or 323.309.6416.

2017

Vista Las Palmas Homes Sold in the Last 9 Months Number of Homes Sold

Average Days on Market

Avg. Sold Price/ List Price Ratio

Available Monthly Inventory

16

52

96%

6

5 FEWER HOMES SOLD THAN 2016

LOW: 0 / HIGH: 337 82 DAYS FASTER THAN 2016

LOW: 87% / HIGH: 130% 1% HIGHER THAN 2016

HOMES LISTED IN 2017: 20 HOMES STILL AVAILABLE: 8

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.

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Beds 6 4 5 4 4 4 3 4 4 4 4 3 3

Baths 5 4 4 3 3 3 2 5 3 4 3 3 2

Est. Square Feet 4,220 2,489 2,700 2,232 2,074 2,131 2,046 2,695 2,300 2,076 2,237 3,325 1,600

Year Built 1989 1957 1958 1961 1958 1957 1958 1961 1960 1960 1961 1979 1959

List Price $2,100,000 $2,195,000 $2,295,000 $1,895,000 $1,215,000 $1,560,000 $975,000 $1,650,000 $1,635,000 $1,375,000 $1,750,000 $1,759,000 $1,385,000

List Date 05/06/17 12/26/17 10/13/17 09/25/17 07/14/17 10/11/17 07/25/17 06/13/17 06/13/17 05/25/17 03/13/17 04/07/17 01/29/17

Sold Price $1,950,000 $1,900,000 $2,000,000 $1,750,000 $1,200,000 $1,560,000 $1,265,000 $1,630,000 $1,635,000 $1,330,000 $1,697,750 $1,585,000 $1,240,000

Sold Date 01/16/18 12/28/17 12/22/17 11/20/17 10/13/17 10/12/17 08/29/17 08/28/17 07/20/17 06/19/17 06/07/17 05/08/17 05/05/17

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 Vista Las Palmas Owners Association, nor is this in any way an official advertisement or publication of Vista 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