Kevin Stern / Town Real Estate

Indio, CA

Single-Family Homes

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



Indio, CA

Sun May 29 2022
This week the median list price for Indio, CA is $654,999 with the market action index hovering around 79. This is less than last month's market action index of 86. Inventory has increased to 134. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Indio, CA

Sun May 29 2022
This week the median list price for Indio, CA is $654,999 with the market action index hovering around 79. This is less than last month's market action index of 86. Inventory has increased to 134. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Indio market.
Median List Price $654,999
Median Price of New Listings $649,000
Per Square Foot $327
Average Days on Market 32
Median Days on Market 18
Price Decreased 28%
Price Increased 4%
Relisted 8%
Inventory 134
Median Rent
Market Action 79
Strong Seller's Market

Prices have moved upward in the last few weeks and are nearing the market’s all time high. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,249,900 2,571 0.25 - 0.5 acre 4 3 17 10 8 28
$749,900 2,168 8,000 - 10,000 sqft 3 3 18 8 8 14
$592,853 2,073 6,500 - 8,000 sqft 3 2 16 9 8 21
$492,000 1,598 6,500 - 8,000 sqft 3 2 21 10 10 21