Market Report from Cathi Walter

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Wed Apr 24 2024
This week the median list price for Indian Wells, CA is $1,899,500 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 54. 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

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Indian Wells, CA

Wed Apr 24 2024
This week the median list price for Indian Wells, CA is $1,899,500 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 54. 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

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,899,500
Median Price of New Listings $1,025,000
Per Square Foot $552
Average Days on Market 74
Median Days on Market 56
Price Decreased 50%
Price Increased 0%
Relisted 13%
Inventory 54
Median Rent
Market Action 40
Slight Seller'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
$4,599,000 4,634 0.25 - 0.5 acre 4 4.5 20 1 1 77
$2,500,000 4,097 0.25 - 0.5 acre 4 4 33 0 2 56
$1,522,500 3,119 0.25 - 0.5 acre 3 3 35 1 2 70
$908,875 2,524 6,500 - 8,000 sqft 3 3 41 5 1 14