Is Monte Rio, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Monte Rio was a Seller's Market.
Key Takeaway
Monte Rio is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Monte Rio, CA
How much do homes in Monte Rio, CA cost?
Median Sold Price
$337,500
$562/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Monte Rio have sold for 49% less than they did a month ago.
Summary: The median home sold price in Monte Rio was $337,500 in June 2024, down 49% from last month, and the median price per square foot was $562.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $337.5K | N/A |
| 3 Bedrooms | $865K | - | N/A |
| 4 Bedrooms | $459K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Monte Rio housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Monte Rio, CA
How many homes are available in Monte Rio, CA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Summary: The Monte Rio real estate market had 15 homes for sale in June 2024, a 36.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 5 | 9 | +80.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Monte Rio housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 80%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monte Rio, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Monte Rio in June 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Monte Rio, CA
We’re sorry, we don't have information for this market at the moment
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