Cathi & Ben Walter's Market Report

Indian Wells, CA

Single-Family Homes

760.218.5752 | Cathi@DesertAreaHomeFinder.com



Indian Wells, CA

Wed Sep 22 2021
This week the median list price for Indian Wells, CA is $1,837,000 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 30. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Indian Wells, CA

Wed Sep 22 2021
This week the median list price for Indian Wells, CA is $1,837,000 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has decreased to 30. 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $1,837,000
Median Price of New Listings $1,934,500
Per Square Foot $481
Average Days on Market 171
Median Days on Market 63
Price Decreased 27%
Price Increased 3%
Relisted 17%
Inventory 30
Median Rent $8,500
Market Action 44
Slight Seller's Advantage

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
$5,300,000 5,876 0.5 - 1 acre 5 6 20 0 2 238
$2,395,000 4,471 0.25 - 0.5 acre 4 5 38 1 2 63
$1,394,000 3,611 0.25 - 0.5 acre 3 4 20 0 2 52
$769,000 2,858 6,500 - 8,000 sqft 3 3 35 1 4 66