THE HOFFMAN COMPANY | 18881 Von Karman Avenue, Suite 150, Irvine, CA 92612 | T 949.553.2020 | F 949.553.8449 | CA Corp ID #01473762 | www.hoffmanland.com Disclaimer: The information contained herein is information provided from sources deemed reliable. We, however, do not guarantee any of the information and must disclaim for obvious legal reasons. All information should be independently verified. Any kind of reproduction of this map is strictly prohibited. Aerial provided by Google Earth. LA QUINTA $255,000 S. INDIO EAST $90,000 HOFFMAN LAND INDEX Coachella Valley Q3, 2015 LEGEND Finished Lot Values (7,200 Sq. Ft.) $300,000-$369,999 $250,000 - $299,000 $200,000 - $249,000 $180,000 - $199,999 $160,000 - $179,999 $140,000 - $159,999 $120,000 - $139,999 $100,000 - $119,999 $70,000 - $99,999 S. Palm Springs Indian Wells Rancho Mirage La Quinta N. & E. Palm Springs Palm Desert S. Indio West Cathedral City N. Indio S. Indio East Coachella Desert Hot Springs $88,000 $157,000 $92,000 $92,000 $61,000 $81,000 $69,000 $56,000 $52,000 $53,000 $42,000 $31,000 $355,000 $330,000 $275,000 $255,000 $255,000 $165,000 $225,000 $115,000 $100,000 $90,000 $75,000 $75,000 75.21% 52.42% 66.55% 63.92% 76.08% 50.91% 69.33% 51.30% 48.00% 41.11% 44.00% 58.67% City 45 Mos. Ago - Q1, 2012 Finished Lot Value (7,200 Sq. Ft.) Current Home Builder Finished Lot Value (7,200 Sq. Ft.) Percentage Change Current vs. 45 Months Ago * finished lot numbers 45 months ago were mainly based off investor comps (not homebuiler comps) as that was the most common buyer at that time. ** finished lot value includes the value of all impact fees due when building permit is pulled and is assuming a fully finished lot with street, curb, gutter, and sidewalk. Note, all numbers are based off a 7,200 sq. ft. lot, so depending on the size of the lot and expected home price for the project, particular lot values could vary substantially. Land Brokers Realty Advisors The Hoffman Company INCLINE DESERT HOT SPRINGS $75,000 10 10 86 62 111 NORTH & EAST PALM SPRINGS $255,000 SOUTH PALM SPRINGS $355,000 RANCHO MIRAGE $275,000 PALM DESERT $165,000 INDIAN WELLS $330,000 NORTH INDIO $100,000 S. INDIO WEST $225,000 CATHEDRAL CITY $115,000 COACHELLA $75,000 111 N