Cathi & Ben Walter's Market Report

Indio, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indio, CA

Wed Jul 06 2022
This week the median list price for Indio, CA is $650,000 with the market action index hovering around 61. This is less than last month's market action index of 67. Inventory has increased to 212. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Indio, CA

Wed Jul 06 2022
This week the median list price for Indio, CA is $650,000 with the market action index hovering around 61. This is less than last month's market action index of 67. Inventory has increased to 212. 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.

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Indio market.
Median List Price $650,000
Median Price of New Listings $599,000
Per Square Foot $329
Average Days on Market 32
Median Days on Market 21
Price Decreased 34%
Price Increased 7%
Relisted 8%
Inventory 212
Median Rent
Market Action 61
Strong Seller's Market

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$1,195,000 2,726 0.25 - 0.5 acre 4 3 17 7 4 28
$745,000 2,112 6,500 - 8,000 sqft 3 2.5 18 7 4 21
$599,900 2,147 6,500 - 8,000 sqft 3 2.5 17 16 5 21
$519,900 1,654 6,500 - 8,000 sqft 3 2 22 11 11 21