Imperial Valleys Cool Pool Homes for Sale

Imperial Valleys Cool Pool Homes for Sale by Frederic Din, REALTOR(r)

During the years I’ve been selling real estate in the Imperial Valley, many clients have asked about homes in the Imperial Valley that have pools and as hot as it gets here you would think there would be more homes with pools for sale locally but there simply isn’t. I mean it gets over 100 degrees beginning in late May and runs through late September, more or less, thats HOT for a long time.

How much do pools cost? Depending on the type of pool you build, as well as the size, the pool amenities that go with them, you can expect to pay anywhere from $25,000 on the very low side to upwards of $80,000 or so. The average pool costs around $40,000 to build. Does a homeowner ever recover the cost of building a pool? Yes and no, as it depends on the home, the type of pool and moreover the location of the home with the pool.

Is it cheaper to buy a home with a pool already built-in even though the pool is damaged or needs work? Absolutely, if you want a pool and have some additional resources to invest into your home, then a home with an existing pool is well worth the extra hassle that may come with financing just to have one in place. Replacing pool equipment and repairing the pool will be much less expensive than building one from scratch, so you can potentially save thousands on buying a home with a pool already in place.

What about homes for sale with and without pools, whats the better deal?

The first few months of this year, from January through May 21, 2011, the Imperial Valley has had 62 homes with pools sold with a median size of 1,574sf and a median sales price of $120,500, these are median numbers.

By contrast, during the same time frame, there were 413 home sales without a pool and they had a median size of 1,577sf and a median sales price of $135,000.

Wow, did anyone else catch that? The median sales price of homes without a pool is higher by nearly 12% than homes with pools. Granted the number of homes with pools was only 13% of the total home sales of 475 for the first four 1/2 months of the year valley wide.

So how many pool homes are currently on the market versus non-pools as of this date, does anybody else want to know?

Currently there are a total of 661 homes on the market, some of these are older listings, so to level the playing field, I am only counting homes on the market after June 30, 2010 in all status categories except SOLD, expired or withdrawn/cancelled, so removing the older stagnant sales, there are a total of 606 homes on the market in all categories, including ACTIVE, back-up, contingent and pending.

Out of the 606 homes on the market a total of 63 homes have a pool, which is about 10% of the homes.

Does the home demographic change in this segment of homes on the market with a pool versus the non-pool homes? The median size of these homes is nearly 2100sf with a median listing price of $161,500, which is significantly larger than the last years pool sales.

However the non-pool homes carry a similar trait to last years non-pool home sales, this year the home size is approximately 1600sf with a median listing price of $135,000 which mirrors last years home sales.

What does this tell us about pool homes in the Imperial Valley real estate market?

This year it seems as if the homes with pools are larger and are a bit more expensive, however the homes without pools remain within the same price range as they did last years without a pool.

What does this mean for you and buying a home with pool? There are currently 25 homes on the market with pools in the Valley as of today ranging in price from the high $40,000 for condos with a pool in the community to a home priced at $1,500,000 with a pool out in the country of El Centro on over 10 acres.

Yes the range is wide however the median listing price of these homes with pools is $135,000 with a median living space of 1,700sf. A total of eight homes (8) are bank owned foreclosures while eleven (11) of the homes are listed as short sales. The remaining six (6) homes a not bank owned or short sales.

Does anyone want to go swimming? Dive on in and comment, I would love to hear from you.

To learn more about buying your first home, check out my How To video called http://firsthomebuyervideo.com to learn more.

How can I help you? Feel free to visit and post comments regarding the website and stay tuned for upcoming changes to the look and feel of ImperialValleyREO.com

Are you in the market to buy a home? Get personalized information for any area in the Imperial Valley, including El Centro, Brawley, Calexico, Imperial, Heber and surrounding cities by going to ForSaleByFred.com, GetRealWithFred.com,
ImperialValleyREO.com, or First Time Home Buyer Video

Imperial County homeowners who are considering selling their home are encouraged to contact Frederic Din, REALTOR(R) for additional information about getting the most current market values for your home or area. Member of the Imperial County Association of REALTORS (ICAOR).

El Centro real estate - Brawley real estate - Imperial real estate - Calexico real estate - Heber real estate - Imperial County real estate - Imperial Valley real estate - Imperial Valley REO - Imperial Valley MLS