Is Mountain Center, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mountain Center was a Buyer's Market.
Housing Prices in Mountain Center, CA
How much do homes in Mountain Center, CA cost?
Median Sold Price
$800,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mountain Center was $800,000 in May 2024, up 61.6% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $376.5K | $251.2K | -33.3% |
2 Bedrooms | $456K | $385K | -15.6% |
3 Bedrooms | $482.4K | $644.9K | +33.7% |
4 Bedrooms | $780K | $865K | +10.9% |
5+ Bedrooms | $1.2M | $920K | -24.0% |
Summary: Mountain Center housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 15.6%, 3 bedroom homes increased by 33.7%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 24%.
Median Sold Price Compared To Nearby Cities
Mountain Center | $495K | $800K | +61.6% |
Palm Springs | $608.1K | $647.8K | +6.5% |
Idyllwild | $500K | $525K | +5.0% |
Anza | $385K | $395K | +2.6% |
Cathedral City-Palm Desert | $668.2K | $674.1K | +0.9% |
Housing Supply in Mountain Center, CA
How many homes are available in Mountain Center, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Summary: The Mountain Center real estate market had 28 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mountain Center housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mountain Center in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Mountain Center, CA
How long does it take to sell a home in Mountain Center, CA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Mountain Center; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.