Vine Property Group Market Report

Indian Wells, CA 92210

Single-Family Homes

Julie and Patrick Essig |760.989.7034 | julie@vinepropertygroup.com


Indian Wells, CA 92210

Wed Oct 09 2024
This week the median list price for Indian Wells, CA 92210 is $1,636,500 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 34. 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 Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Indian Wells, CA 92210

Wed Oct 09 2024
This week the median list price for Indian Wells, CA 92210 is $1,636,500 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 34. 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 Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,636,500
Median Price of New Listings $899,000
Per Square Foot $623
Average Days on Market 87
Median Days on Market 74
Price Decreased 26%
Price Increased 3%
Relisted 21%
Inventory 34
Median Rent
Market Action 35
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,550,000 4,451 0.25 - 0.5 acre 4 4.5 17 0 1 49
$2,447,000 3,010 0.25 - 0.5 acre 3 3.5 26 0 0 126
$1,495,000 2,587 0.25 - 0.5 acre 3 2.5 24 0 0 35
$989,000 2,871 8,000 - 10,000 sqft 3 2.5 33 1 0 77