Market Report

Indian Wells, CA

Single-Family Homes

Chartwell Escrow



Indian Wells, CA

Thu Dec 05 2024
This week the median list price for Indian Wells, CA is $1,899,000 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 83. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Indian Wells, CA

Thu Dec 05 2024
This week the median list price for Indian Wells, CA is $1,899,000 with the market action index hovering around 27. This is less than last month's market action index of 32. Inventory has increased to 83. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,899,000
Median Price of New Listings $1,550,000
Per Square Foot $624
Average Days on Market 74
Median Days on Market 35
Price Decreased 18%
Price Increased 1%
Relisted 8%
Inventory 83
Median Rent
Market Action 27
Slight Buyer's Advantage

The market seems to have paused around this plateau. 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
$4,900,000 4,685 0.25 - 0.5 acre 4 4.5 19 0 1 35
$2,750,000 3,621 0.25 - 0.5 acre 4 4.5 24 1 1 35
$1,639,000 2,871 0.25 - 0.5 acre 3 3.5 33 4 0 70
$940,000 2,413 6,500 - 8,000 sqft 3 2.5 36 2 2 42