Kevin Stern / Town Real Estate

Indio, CA

Single-Family Homes

www.TownCA.com | 760-250-1977 | kevin@kevinstern.com | CalDRE #01376548



Indio, CA

Fri Jun 21 2024
This week the median list price for Indio, CA is $638,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 339. Click here to stay informed with the Indio market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Indio, CA

Fri Jun 21 2024
This week the median list price for Indio, CA is $638,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 339. Click here to stay informed with the Indio market!

Market Action Index

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

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indio market.
Median List Price $638,000
Median Price of New Listings $532,495
Per Square Foot $324
Average Days on Market 89
Median Days on Market 56
Price Decreased 44%
Price Increased 3%
Relisted 9%
Inventory 339
Median Rent
Market Action 36
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,149,950 2,803 0.25 - 0.5 acre 4 3 19 3 6 70
$699,000 2,112 6,500 - 8,000 sqft 3 2.5 20 5 11 56
$589,000 2,018 6,500 - 8,000 sqft 3 2 18 9 10 42
$499,000 1,588 4,500 - 6,500 sqft 3 2 20 21 15 42