10 things buyers & owners should know

10 things buyers & owners should know

Using ChatGPT, I analyzed Trilogy La Quinta MLS closed sales (2013–Aug 2025) and surfaced 10 insights for owners and buyers.

  1. Where prices stand now
    2025 YTD median sale price is $675,000. The market peaked in 2022 at $717,500, dipped in 2023 to $600,000, and has largely recovered.

  2. $ per square foot hit a new high
    Median $361.8/sqft (2025) — slightly above 2022’s $360.5/sqft. Underlying values per size have rebounded.

  3. Speed normalized
    Median Days on Market (DOM): 54.5 days (2025) vs 33 (2021) frenzy and 97 (2018). Expect ~1–2 months to sell in today’s conditions.

  4. Sale‑to‑list = small discount again
    2025 YTD median sale‑to‑list ratio 0.976 (≈ 2.4% below ask). In 2021–2022 the median was ~100% (at/over list).

  5. Today’s snapshot (as of Aug 1, 2025)
    34 active listings. Median list $707,200 at $355/sqft, median active DOM ~78 days. Estimated ~4.3 months of supply (balanced market).

  6. Volume surged, then cooled
    Closings peaked at 147 (2021). Activity slowed in 2023–2024; 2025 YTD: 52 closings so far (through Aug 1).

  7. Seasonality is real
    Historically, closings in Nov–Mar are faster and tighter to asking (e.g., November median DOM 44; highest median sale‑to‑list).

  8. HOA fees climbed
    Median monthly HOA moved from $288 (2013)$595 (2025) — about +107%. Budget matters more than ever.

  9. What most homes look like — and cost
    Typical home is ~1,965 sq ft (IQR ~1,693–2,331). Median by beds: 2‑bed $419.5k, 3‑bed $530k, 4‑bed $652k.

  10. What moves the needle
    Pool: “Y” pools sold around $549.5k vs $445k without (~$105k premium).
    Lot size: Larger lots correlate with higher prices (moderate relationship).
    Pricing strategy: Homes selling ≥100% of list had median ~27 DOM; 98–100%~45 DOM; <95%~81 DOM. Price right to sell right.


 


Bonus: where recent deals landed (2024–2025 closings)

  • $500k–$700k: 53 sales (largest slice)

  • $700k–$900k: 28

  • $900k+: 17

  • Under $500k: 10