Cathi & Ben Walter's Market Report

Indio, CA

Single-Family Homes

www.DesertAreaHomeFinder.com | 760-218-5752 | Cathi@DesertAreaHomeFinder.com



Indio, CA

Tue Oct 15 2019
This week the median list price for Indio, CA is $399,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 356. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Indio, CA

Tue Oct 15 2019
This week the median list price for Indio, CA is $399,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 356. 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.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indio market.
Median List Price $399,000
Per Square Foot $196
Days on Market 87
Price Decreased 30%
Price Increased 4%
Relisted 9%
Inventory 356
Median House Rent $2,500
Most Expensive $3,800,000
Least Expensive $24,000
Market Action Index
Slight Seller's Advantage
40

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$624,900 2,802 0.25 - 0.5 acre 3 3 14 10 13 143
$439,900 2,223 6,500 - 8,000 sqft 3 2 15 14 9 83
$360,000 2,125 6,500 - 8,000 sqft 3 2 14 11 15 79
$285,000 1,498 6,500 - 8,000 sqft 3 2 17 13 4 42