Market Report from Cathi Walter

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Sun Dec 03 2023
This week the median list price for Indian Wells, CA is $2,095,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 45. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Indian Wells, CA

Sun Dec 03 2023
This week the median list price for Indian Wells, CA is $2,095,000 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 45. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $2,095,000
Median Price of New Listings $0
Per Square Foot $615
Average Days on Market 101
Median Days on Market 49
Price Decreased 20%
Price Increased 4%
Relisted 13%
Inventory 45
Median Rent
Market Action 32
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
$4,995,000 6,500 0.5 - 1 acre 4 4.5 19 0 1 161
$2,450,000 3,820 0.25 - 0.5 acre 4 4 24 0 0 28
$1,799,000 2,697 0.25 - 0.5 acre 3 3.5 22 0 2 35
$1,135,000 2,588 6,500 - 8,000 sqft 3 3.3 36 0 0 52