Market Report from Cathi Walter

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Wed Dec 11 2024
This week the median list price for Indian Wells, CA is $1,975,000 with the market action index hovering around 27. This is less than last month's market action index of 31. Inventory has increased to 88. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Indian Wells, CA

Wed Dec 11 2024
This week the median list price for Indian Wells, CA is $1,975,000 with the market action index hovering around 27. This is less than last month's market action index of 31. Inventory has increased to 88. 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

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,975,000
Median Price of New Listings $2,599,500
Per Square Foot $621
Average Days on Market 76
Median Days on Market 42
Price Decreased 18%
Price Increased 1%
Relisted 7%
Inventory 88
Median Rent
Market Action 27
Slight Buyer's Advantage

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 4,708 0.25 - 0.5 acre 4 4.5 19 2 0 38
$2,717,500 3,727 0.25 - 0.5 acre 4 4.5 23 2 1 35
$1,644,500 3,020 0.25 - 0.5 acre 3 3.5 33 2 0 49
$942,500 2,396 8,000 - 10,000 sqft 3 2.5 36 0 0 49