Cathi & Ben Walter's Market Report

Indian Wells, CA

Single-Family Homes

www.DesertAreaHomeFinder.com | 760-218-5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Tue Oct 15 2019
This week the median list price for Indian Wells, CA is $1,129,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 129. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Indian Wells, CA

Tue Oct 15 2019
This week the median list price for Indian Wells, CA is $1,129,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 129. 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

While prices have recently plateaued, this is a buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,129,000
Per Square Foot $331
Days on Market 204
Price Decreased 26%
Price Increased 2%
Relisted 12%
Inventory 129
Median House Rent $6,500
Most Expensive $10,500,000
Least Expensive $399,000
Market Action Index
Slight Buyer's Advantage
29

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
$3,172,500 6,007 0.25 - 0.5 acre 4 5 21 10 2 322
$1,499,000 3,929 0.25 - 0.5 acre 4 4 19 3 1 187
$899,475 3,356 0.25 - 0.5 acre 4 3 32 2 1 184
$575,000 2,539 8,000 - 10,000 sqft 3 3 32 2 5 122