Cathi & Ben Walter's Market Report

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Sat Jun 12 2021
This week the median list price for Indian Wells, CA is $3,525,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 26. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Indian Wells, CA

Sat Jun 12 2021
This week the median list price for Indian Wells, CA is $3,525,000 with the market action index hovering around 52. This is less than last month's market action index of 53. Inventory has decreased to 26. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $3,525,000
Median Price of New Listings $690,000
Per Square Foot $550
Average Days on Market 285
Median Days on Market 147
Price Decreased 19%
Price Increased 12%
Relisted 4%
Inventory 26
Median Rent $8,000
Market Action 52
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$9,150,000 10,212 0.5 - 1 acre 4 6 17 0 0 444
$4,162,500 7,193 0.5 - 1 acre 5 6 18 0 1 217
$2,395,000 4,634 0.25 - 0.5 acre 4 4 16 0 0 84
$1,325,000 3,512 0.25 - 0.5 acre 3 3 30 1 1 105