Indian Wells is often referred to as “the Beverly Hills of the Desert”.
Indian Wells world famous tennis garden is the annual host to the BNPParibas Open 2009
There are very few rental units in this city.
| Foreclosures | NOD's * | Inventory ** Single Family |
Condos | |
|---|---|---|---|---|
| Zip Code 92210 |
10 | 10 | 241 | 100 |
Indian Wells is the only city in the desert that had increased inventory over last year. This compares with the trend that lower priced homes are selling more quickly than high end homes in excess of $700,000. Indian Wells consists primary of luxury homes.
The observations represented are my opinions only, based on experience and working in the desert area for many years.
Foreclosure stats have been obtained from www.foreclosure.com. Inventory stats are from the Desert Area MLS.
* Notice of Default filed.
** Inventory is defined as properties currently listed for sale in the local
multiple listing service. A large number of these properties are
foreclosure properties, also known as Bank REO.
Hi, I'm Jeannie. For over 25 years I've helped investors make money in markets both good and bad. 
