Market Report from Cathi Walter

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Fri Mar 24 2023
This week the median list price for Indian Wells, CA is $1,895,000 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 49. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Indian Wells, CA

Fri Mar 24 2023
This week the median list price for Indian Wells, CA is $1,895,000 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 49. 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 not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,895,000
Median Price of New Listings $1,425,000
Per Square Foot $553
Average Days on Market 79
Median Days on Market 49
Price Decreased 37%
Price Increased 2%
Relisted 16%
Inventory 49
Median Rent
Market Action 40
Slight Seller's Advantage

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$4,245,000 5,001 0.25 - 0.5 acre 4 5 32 1 2 49
$2,235,247 3,635 0.25 - 0.5 acre 4 4 29 1 1 45
$1,740,500 3,564 0.25 - 0.5 acre 4 4 32 1 0 52
$929,000 2,870 8,000 - 10,000 sqft 3 3 36 2 1 14