Your Current Local Market Report
Indian Wells, CA 92210
Single-Family Homes
Kevin Wahlstrom 760.250.8486| Mary O'Malley Hernandez 760.521.4623
Indian Wells, CA 92210
Fri Apr 19 2024
This week the median list price for Indian Wells, CA 92210 is $2,250,000 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has held steady at or around 53.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.
Real-Time Market Profile
| Median List Price | $2,250,000 | |
| Median Price of New Listings | $2,500,000 | |
| Per Square Foot | $591 | |
| Average Days on Market | 74 | |
| Median Days on Market | 49 | |
| Price Decreased | 53% | |
| Price Increased | 0% | |
| Relisted | 13% | |
| Inventory | 53 | |
| Median Rent | ||
| Market Action | 39 | |
| Slight Seller's Advantage | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
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 |
|---|---|---|---|---|---|---|---|---|
| $4,599,000 | 4,634 | 0.25 - 0.5 acre | 4 | 4.5 | 20 | 0 | 3 | 70 |
| $2,575,000 | 3,766 | 0.25 - 0.5 acre | 4 | 4 | 21 | 2 | 0 | 49 |
| $1,649,000 | 3,200 | 0.25 - 0.5 acre | 3 | 3.5 | 33 | 0 | 1 | 70 |
| $1,099,000 | 2,609 | 8,000 - 10,000 sqft | 3 | 3 | 41 | 1 | 0 | 21 |