What are Home Prices Doing in Your Area?

Indian Wells, CA 92210

Condos/Townhomes

Greg Leonard | (760) 601-5944 | https://www.gregleonardrealtor.com



Indian Wells, CA 92210

Wed Dec 11 2019
This week the median list price for Indian Wells, CA 92210 is $454,500 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 48. 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 Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Indian Wells, CA 92210

Wed Dec 11 2019
This week the median list price for Indian Wells, CA 92210 is $454,500 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 48. 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 Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Indian Wells market.
Median List Price $454,500
Per Square Foot $220
Days on Market 180
Price Decreased 19%
Price Increased 2%
Relisted 10%
Inventory 48
Median Rent $5,100
Most Expensive $1,495,000
Least Expensive $164,900
Market Action 29
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$845,000 2,357 4,500 - 6,500 sqft 2 2 37 0 1 357
$499,000 2,451 0 - 4,500 sqft 2 2 48 0 1 121
$399,450 1,986 0 - 4,500 sqft 3 2 42 1 1 123
$272,000 1,299 0 - 4,500 sqft 2 2 44 1 0 119