Cathi & Ben Walter's Market Report
Indian Wells, CA
Single-Family Homes
760.218.5752 | Cathi@DesertAreaHomeFinder.com
Indian Wells, CA
Tue Jul 05 2022
This week the median list price for Indian Wells, CA is $1,595,000 with the market action index hovering around 49. This is less than last month's market action index of 52. Inventory has increased to 33.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
Real-Time Market Profile
| Median List Price | $1,595,000 | |
| Median Price of New Listings | $1,080,000 | |
| Per Square Foot | $476 | |
| Average Days on Market | 61 | |
| Median Days on Market | 35 | |
| Price Decreased | 36% | |
| Price Increased | 3% | |
| Relisted | 6% | |
| Inventory | 33 | |
| Median Rent | ||
| Market Action | 49 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $5,249,999 | 6,294 | 0.5 - 1 acre | 4 | 5 | 26 | 3 | 1 | 56 |
| $1,992,000 | 3,739 | 0.25 - 0.5 acre | 4 | 3.3 | 32 | 0 | 1 | 52 |
| $1,276,500 | 3,015 | 0.25 - 0.5 acre | 3 | 2.8 | 34 | 1 | 2 | 31 |
| $895,000 | 2,368 | 6,500 - 8,000 sqft | 3 | 3 | 42 | 3 | 0 | 21 |