The Munselle Group's Market Report

Indian Wells, CA 92210

Single-Family Homes

Compass | www.themunsellegroup.com| 760-772-2411



Indian Wells, CA 92210

Sat Dec 21 2024
This week the median list price for Indian Wells, CA 92210 is $2,297,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 87. Click here to stay informed with the Indian Wells market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Indian Wells, CA 92210

Sat Dec 21 2024
This week the median list price for Indian Wells, CA 92210 is $2,297,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has increased to 87. Click here to stay informed with the Indian Wells market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $2,297,000
Median Price of New Listings $3,960,000
Per Square Foot $631
Average Days on Market 82
Median Days on Market 49
Price Decreased 21%
Price Increased 0%
Relisted 7%
Inventory 87
Median Rent
Market Action 28
Slight Buyer's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,950,000 5,469 0.25 - 0.5 acre 4 4.5 20 2 2 49
$2,769,500 3,791 0.25 - 0.5 acre 4 4.5 22 2 0 28
$1,697,500 3,141 0.25 - 0.5 acre 4 3.5 33 0 1 73
$967,000 2,413 8,000 - 10,000 sqft 3 2.5 35 0 2 56