DW & Associates (AKA Diane Williams & Associates) serves as your community expert and lifestyle liaison providing exceptional service to homeowners, members, and potential buyers in Indian Ridge. As the exclusive on-site real estate sales office at Indian Ridge Country Club, DW & Associates are uniquely positioned to provide unparallel expertise and customer service. Located in the main clubhouse, we work closely with membership to ensure your experience is both smooth and enjoyable. We are available 7 days a week and can show homes or provide a club tour with a moment’s notice. We are proud to be the #1 real estate team in the Greater Palm Springs Area with over 1,200 transactions representing buyers and sellers for a sales volume of over $1 billion. In Indian Ridge alone, our team achieved a remarkable sales volume of over $725,000,000, solidifying our position as the top agents in Indian Ridge.
WHAT OUR CLIENTS SAY
Allison and her team bring a different, higher standard to their work. We completely trust and enthusiastically recommend her. From Allison’s sophisticated understanding of and insights about the market to her beginning to end (and after!) white glove fullservice partnership, working with her and her team has been a wonderful and fun experience. We feel like we started with a realtor and ended with a trusted friend.
– Phil
Absolutely outstanding service by Heather and the whole team at DW. We spent a lot of time changing our wish list and Heather was so accommodating. If you want to work with a professional and very smart RE individual then Heather is your first choice!
– Blake G.
We recently purchased a home using Terrie Pena as our agent. It was a pleasure working with her from the start. She began her search for us months before our visit to the area with phone calls, detailing our needs. On the 3 day visit with her we were able to find our dream home. We made an offer she negotiated on our behalf. She was professional, patient. She knew her market and was able guide us to make successful transaction. We cannot thank her and her staff enough for the wonderful experience Terrie and her staff provided.
– Geoff & Jessica
DEAR INDIAN RIDGE RESIDENTS,
We hope this letter finds everyone in good health and great spirits. Summer has officially kicked off with its high temperatures and for those of us in the desert, we’ve survived record-breaking numbers –talk about a real-life oven! Let’s cross our fingers and hope we get a break from the heat in the next couple of months.
Every quarter the big question is what has changed in the real estate market and where is it heading? Well, no big shifts are expected as we move into the second half of 2024, experts anticipate national home average prices will keep increasing but at a moderate rate. The ongoing rise in prices has always been driven by a shortage of available homes which started during the pandemic. Although the inventory has grown compared to the past few years, it still falls short of meeting demand, which continues to be the main issue and is keeping pressure on prices. One of the predictions moving forward is that mortgage rates are expected to drop, please see chart for expert predictions:
We all know even the smallest decrease in mortgage rates can significantly impact buyers’ monthly payments and for sellers, lower rates will attract more buyers back into the market. This scenario could be a win for both parties and the combination of more inventory and lower interest rates have experts predicting an increase in home sales for the second half of 2024. Time will only tell if these rate cuts manifest in the next couple of months.
The Coachella Valley has experienced a slowdown in sales, which is typical for our current market conditions and the seasonal time of year. The intense market activity of the pandemic era has passed, and we now have a more balanced market with moderate home sales and stable prices. When writing these reports, it’s always interesting to see how other clubs compare and perform. Our “Country Club Home Sales” report monitors 19 clubs, with 14 of them showing increases in average sales price. This report shows average sales prices starting at 2020. If you track each club’s progress over the years, it’s remarkable to see how quickly prices climbed in a short amount of time. Most of the clubs are on course to sell close to the same number of homes this year as they did in 2023.
Indian Ridge sold 17 homes in the second quarter of 2024, with 8 in the HOA and 9 in the PUD. This is a slight decrease compared to the previous year’s second quarter, which saw 21 home sales. Prices remain steady, with the average price in the HOA up 25% from 2023 and the PUD experiencing a slight increase of 0.4%. Of the 17 homes sold in the second quarter, 16 closed at prices exceeding $1 million, indicating that prices are consistently stable in Indian Ridge. Currently, there are 15 homes for sale and 8 homes in escrow, suggesting a strong finish for the third quarter. If all these homes close, Indian Ridge will have sold more than half of what it did in the third quarter of 2023.
As always, we are extremely grateful for our role as the onsite sales office. Every year, we notice the increasing growing support from the community. Of the 30 homes sold in Indian Ridge this year, our office participated in 23 of those transactions, representing 15 sellers and 19 buyers. Our market share continues to grow annually, thanks to the community’s unwavering support. We are one of the hardest-working teams in the Coachella Valley, as we truly love what we do. Currently we are the #1 agent for transactions throughout the Coachella Valley and have consistently ranked in the top 3 agents for the last several years. Whether you’re selling your home or simply seeking market information, we are here for you. Our office is open seven days a week, and we would love for you to stop by and say hello to myself, Allison, Terrie, and Katie.
Have a great rest of the summer! Stay cool, everyone!
Warmest Regards,
Heather Wong Realtor®/Co-Owner
INDIAN RIDGE COUNTRY CLUB SALES
JANUARY 1, 2024 TO JUNE 30, 2024
YELLOW highlighted homes indicate DW & Associates Represented Buyer or Seller BLUE highlighted homes indicate DW & Associates represented BOTH Buyer and Seller
HOMES SOLD BY DW & ASSOCIATES REPRESENTING SELLER
HOMES SOLD BY DW & ASSOCIATES REPRESENTING BUYER
SALES UPDATE BY CITY
2ND QUARTER OF 2023 COMPARED TO 2ND QUARTER OF
$1,556,896 $1,741,576 11.9%
$536,621 $519,142 -3.3%
dianewilliamsandassociates. com/advertising
$1,180,806
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01991637 | 01811831
If your home is currently listed with another Realtor, this is not intended as a solicitation. It is not our intention to solicit an other agents active listing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the listing and/or selling agent. Broker does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of property provided by seller or obtained from public records or other sources, and the buyer is advised to independently verify the accuracy of that information through personal inspection and with appropriate professionals. Sales may not represent all brokers.
