Cathi & Ben Walter's Market Report

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Wed Jul 06 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. 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.

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.

Indian Wells, CA

Wed Jul 06 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. 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.

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

Never miss important changes in the Indian Wells market.
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

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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