Is Monte Rio, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monte Rio is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Monte Rio has remained a Seller's Market.

Key Takeaway

Monte Rio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Monte Rio, CA cost?

Median Sold Price

$663,574

$546/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$64,574(+10.8%)

Key Takeaway

Homes in Monte Rio have sold for 10.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $371.5K$452.1K
+21.7%
2 $545K$565K
+3.7%
3 $730K$856K
+17.3%
4 $705K$675K
-4.3%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Guerneville
+22.7%
Monte Rio
+10.8%
Occidental
-4.6%

How many homes are available in Monte Rio, CA?

Number of Homes For Sale

Oct 2021Nov 2021%
87-12.5%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 31
-66.7%
2 12
+100.0%
3 34
+33.3%
4 10
-100.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2021Nov 2021%
440.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monte Rio, you could pay more than the asking price. 75% of homes here sold above asking price last month.

About Monte Rio, CA

Number of homes for sale in Monte Rio, CA real estate market have reached 7. Between October 2021 and November 2021, Monte Rio, CA real estate market has seen decrease in the number of listings by 12.5%. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 21.7%, the cost of 2 bedrooms properties went up by 3.7%, prices of 3 bedrooms properties went up by 17.3%, the cost of 4 bedrooms properties went down by 4.3%, 5 bedrooms properties prices increased by 0%. Volume of homes for sale changed: the quantity of 1 bedroom homes went down by 66.7%, volume of 2 bedrooms homes went up by 100%, volume of 3 bedrooms homes went up by 33.3%, 4 bedrooms homes became 100% less available, 5 bedrooms homes did not move. In November 2021 more than 3 listings in Monte Rio, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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