Indio Real Estate Market Conditions & Reports, Indio Market Trends, California

Market Commentary Provided by Michael Leon
Like the rest of the southern part of the state, Indio boasts a fabulous, mild Mediterranean climate. Summers are generally hot and sunny with temperatures in the 90s and 100s, while winters are pleasant with average temperatures in the mid- to high 70s. Thanks to this outstanding weather, outdoor recreation is popular year round. Golfing on the Indio Municipal Golf Course, hiking through the canyons of the nearby Indio Hills park property or fishing in 135-acre Lake Cahuilla are just a few of the ways Indio residents get out and enjoy nature. Indio’s warm weather is also perfect for agriculture, one of its major early industries.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Michael Leon
Realty Executives
La Quinta, California
760-399-6876
mike@mikeleonhomes.com
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Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$250,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Indio is

Seller Activity for the past 90 days in Indio is

Is Financing Available For Qualified Buyers in Indio?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

The city’s real estate market is diverse, with single-family residence homes for sale in a variety of sizes, prices and styles. Indio’s real estate options also include condominiums, townhouses, and land lots for custom building.

Reason to Buy/Sell

Other

Average Sold Price

$250,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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