La Quinta's home prices showed improvement for September . La Quinta median home prices rose 8.65% from a year ago, posting $333,000 vesus $306,500 a year ago.
As the inventory of foreclosures has waned in recent months, sales in higher cost housing markets have increased and accounted for a greater share of the transactions.
The median price paid for a Southland home was $275,000 last month, down 10% from September 2008. A total of 21,539 new and resale houses and condos closed escrow in the six-county Southland this September up .02% from last year.
Southland sales volume has risen year over year for the last fifteen consecutive months.
This is an excellent time to invest in a property in La Quinta. There are some great buys on the market that would be ideal vacation homes.
ZIP Code: 92253 Location Characteristics: The City of La Quinta has something for everyone. There's golfing at the City's spectacular public course - SilverRock Resort, dining and shopping in the quaint Village area or along the Highway 111 commercial corridor, biking along the Bear Creek Trail, and hiking in the Santa Rosa and San Jacinto mountains, just to name a few. No matter your pleasure, you're sure to find plenty of reasons to come and enjoy the "Gem of the Desert—La Quinta."
