market update
Indio -
| Average
Sales Price |
| |
Single Family |
2004 |
719 Closings |
$ 282,930 |
| |
|
2005 |
925 Closings |
$ 392,330 |
| |
|
2006 |
706 Closings |
$ 398,958 |
| |
|
2007 |
467 Closings |
$ 391,963 |
| |
|
2008 - 1st half |
413 Closings |
$ 303,930 |
| |
|
%
Change in 2008 price: 22.5% Decrease |
| |
|
| |
Condos |
2004 |
88 Closings |
$ 151,147 |
| |
|
2005 |
104 Closings |
$ 204,582 |
| |
|
2006 |
42 Closings |
$ 231,418 |
| |
|
2007 |
35 Closings |
$ 214,829 |
| |
|
2008 - 1st half |
10 Closings |
$ 168,290 |
| |
|
%
Change in 2008 price: 3.6% Decrease |
| |
|
|
| Average
Days on Market |
| |
Single Family |
2004 |
39 |
|
| |
|
2005 |
66 |
|
| |
|
2006 |
88 |
|
| |
|
2007 |
95 |
|
| |
|
2008 - 1st half |
89 |
|
| |
|
| |
Condos |
2004 |
33 |
|
| |
|
2005 |
49 |
|
| |
|
2006 |
86 |
|
| |
|
2007 |
118 |
|
| |
|
2008 - 1st half |
142 |
|
| |
| Lowest Sales
Price |
| |
Single
Family |
2004 |
$ 57,000 |
|
| |
|
2005 |
$ 119,500 |
|
| |
|
2006 |
$ 120,000 |
|
| |
|
2007 |
$ 55,000 |
|
| |
|
2008 - 1st half |
$ 68,000 |
|
| |
|
|
|
|
| |
Condos |
2004 |
$ 82,820 |
|
| |
|
2005 |
$ 107,250 |
|
| |
|
2006 |
$ 115,000 |
|
| |
|
2007 |
$ 85,000 |
|
| |
|
2008 - 1st half |
$ 77,000 |
|
| |
| Highest
Sales Price |
| |
Single Family |
2004 |
$ 680,000 |
|
| |
|
2005 |
$ 3,000,000 |
|
| |
|
2006 |
$ 1,300,000 |
|
| |
|
2007 |
$ 3,800,000 |
|
| |
|
2008 - 1st half |
$ 930,000 |
|
| |
|
| |
Condos |
2004 |
$ 275,000 |
|
| |
|
2005 |
$ 449,000 |
|
| |
|
2006 |
$ 320,000 |
|
| |
|
2007 |
$ 315,000 |
|
| |
|
2008 - 1st half |
$ 269,000 |
|
| Average
Sale Price - 2005 |
| |
|
Single
Family |
Condo |
|
| |
2 bedroom |
$ 382,287 |
$ 203,395 |
|
| |
3 bedroom |
$ 379,543 |
$ 234,250 |
|
| |
4 bedroom |
$ 409,532 |
None |
|
| |
5 bedroom + |
$ 531,588 |
None |
|
| Average
Sale Price - 2006 |
| |
2 bedroom |
$ 387,793 |
$ 222,766 |
|
| |
3 bedroom |
$ 374,600 |
$ 274,679 |
|
| |
4 bedroom |
$ 416,558 |
None |
|
| |
5 bedroom + |
$ 555,855 |
None |
|
| Average Sale Price - 2007 |
| |
2 bedroom |
$ 356,798 |
$ 213,794 |
|
| |
3 bedroom |
$ 376,926 |
$ 250,000 |
|
| |
4 bedroom |
$ 406,298 |
None |
|
| |
5 bedroom + |
$ 597,344 |
None |
|
| Average Sale Price - 2008 (1st half) |
| |
2 bedroom |
$ 325,577 |
$ 168,290 |
|
| |
3 bedroom |
$ 281,921 |
None |
|
| |
4 bedroom |
$ 310,606 |
None |
|
| |
5 bedroom + |
$ 334,940 |
None |
|
| |
| |
|
|
All information deemed
to be reliable, although not warranted or guaranteed.
Source MLS.
click on a city
to get a comprehensive
real estate analysis
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