Kevin Stern / Town Real Estate

Indian Wells, CA

Single-Family Homes

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



Indian Wells, CA

Sun May 29 2022
This week the median list price for Indian Wells, CA is $1,899,990 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has increased to 27. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Indian Wells, CA

Sun May 29 2022
This week the median list price for Indian Wells, CA is $1,899,990 with the market action index hovering around 51. This is an increase over last month's market action index of 50. Inventory has increased to 27. 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.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,899,990
Median Price of New Listings $1,488,000
Per Square Foot $513
Average Days on Market 67
Median Days on Market 28
Price Decreased 19%
Price Increased 7%
Relisted 11%
Inventory 27
Median Rent
Market Action 51
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$7,245,000 7,932 0.5 - 1 acre 4 5.5 29 0 0 136
$2,750,000 3,820 0.25 - 0.5 acre 4 4 18 0 1 28
$1,799,000 3,810 0.25 - 0.5 acre 4 3 31 3 0 14
$1,075,000 2,368 6,500 - 8,000 sqft 3 3 42 2 1 7