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Lucio Bernal - Vista Las Palmas - June 2018

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Coldwell Banker Residential Brokerage 1081 N Palm Canyon Drive Palm Springs, CA 92262 Each office independently owned and operated.

LUCIO BERNAL

Broker Associate | CalBRE# 01236217 CLHMS, Million Dollar Guild

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

310.383.2466

Lucio.Bernal@camoves.com

JON M. SMITH CalBRE# 01959566 ILHM Member

323.309.6416

Jon.Smith@camoves.com

JUNE 2018 R E A L E S TAT E MARKET REPORT

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

WAITING CAN COST! HOW D OES WA I TI N G AFFEC T TH E S ALE OF YOU R H O M E A S I N T ER ES T R AT ES R I S E? Housing agencies predict that interest rates could reach new highs by the end of 2018, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.44% TO 5.1%...

LOAN AMOUNT

INCREASED COST

$750,000

$107,522

$1,000,000

$143,364

$1,500,000

$215,046

2,000,000

$286,727

Jonathan and Angela-Marie, Call 310.383.2466 or 323.309.6416 to learn how our marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Interest Rate as of March 15th, 2018 was 4.44%, Freddie Mac predicts a 5.1% interest rate by the end of 2019.

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

Broker Associate | CalBRE# 01236217

Lucio.Bernal@camoves.com

CalBRE# 01959566

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

Jonathan and Angela-Marie, Whether you’re looking for an investment property, looking to relocate, upsize, or downsize, we can help achieve your goals. Call us today at 310.383.2466 or 323.309.6416.

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

Vista Las Palmas Homes Currently Listed

AT A GLANCE

Status

Beds

Baths

Approx. Square Feet*

Year Built

List Price

Active

4

3

2,200

1959

$1,158,000

Active

3

5

3,600

1978

$1,295,000

Active

4

3

2,200

1961

$1,395,000

Active

4

3

2,600

1957

$1,549,000

Active

4

4

2,500

1961

$1,575,000

Active

4

4

3,000

1961

$1,649,000

List Price Range:

Active

4

3

2,000

1960

$1,725,000

$1,158,000 - $2,269,500

Active

4

4

3,000

1957

$1,895,000

Active

3

5

3,400

1959

$2,269,500

ACTIVE

PENDING

SOLD

A visual representation of the MLS data on the right.

Sales Price Range:

$1,020,000 - $2,000,000 There are 3 homes 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.

Average Days on Market (Solds):

62 Median Sold Price per Square Foot:

Vista Las Palmas Homes Sold in the Last 6 Months

$613 Average Return of Asking Price:

95% © Google 2018

Jonathan and Angela-Marie, For current market activity, community information, and more, visit:

www.VistaLasPalmasLiving.com

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

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

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

Approx. Square Feet* 2,900 2,000 2,500 1,600 3,100 2,300 3,200 4,200 2,500 2,700 2,200

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

List Price $1,395,000 $1,625,000 $1,499,000 $1,295,000 $1,950,000 $1,180,000 $1,550,000 $2,100,000 $2,195,000 $2,295,000 $1,895,000

Sold Price $1,395,000 $1,550,000 $1,499,000 $1,400,000 $1,900,000 $1,020,000 $1,550,000 $1,950,000 $1,900,000 $2,000,000 $1,750,000

Sold Date 03/09/18 03/09/18 02/19/18 02/16/18 01/24/18 01/23/18 01/09/18 01/03/18 12/26/17 11/22/17 10/18/17

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 May 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. *Estimated square feet rounded down to the nearest hundred. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018


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