Is Monarch Point, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Monarch Point has remained a Seller's Market.
Housing Prices in Monarch Point, CA
How much do homes in Monarch Point, CA cost?
Median Sold Price
$2,900,750
$837/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monarch Point was $2,900,750 in April 2024, up 1.6% from last year, and the median price per square foot was $837.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $1.3M | N/A |
3 Bedrooms | $1.8M | $1.5M | -13.8% |
4 Bedrooms | - | $4.2M | N/A |
5+ Bedrooms | $3.9M | $4.8M | +22.8% |
Summary: Monarch Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 22.8%.
Housing Supply in Monarch Point, CA
How many homes are available in Monarch Point, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The Monarch Point real estate market had 5 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Monarch Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Monarch Point in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Monarch Point, CA
How long does it take to sell a home in Monarch Point, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 263 Days | +2822.2% |
Summary: Homes in Monarch Point had an average of 263 days on market in Apr 2024, up by 2822.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Monarch Point; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.