Cathi & Ben Walter's Market Report

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Sat Jan 23 2021
This week the median list price for Indian Wells, CA is $1,699,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 89. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Indian Wells, CA

Sat Jan 23 2021
This week the median list price for Indian Wells, CA is $1,699,000 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 89. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,699,000
Per Square Foot $425
Days on Market 193
Price Decreased 21%
Price Increased 3%
Relisted 11%
Inventory 89
Median Rent $7,500
Most Expensive $9,995,000
Least Expensive $449,000
Market Action 35
Slight Seller's Advantage

The market seems to have paused around its high point. 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
$5,597,500 6,966 0.5 - 1 acre 5 6 19 1 0 346
$2,375,000 4,645 0.25 - 0.5 acre 4 4 20 0 3 179
$1,369,995 3,668 0.25 - 0.5 acre 3 3 30 5 0 116
$619,000 2,539 8,000 - 10,000 sqft 3 3 37 3 5 131