Is Monte Sereno, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Monte Sereno has remained a Seller's Market.
Housing Prices in Monte Sereno, CA
How much do homes in Monte Sereno, CA cost?
Median Sold Price
$5,150,000
$1,601/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Monte Sereno was $5,150,000 in April 2024, up 13.2% from last month, and the median price per square foot was $1,601.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $3.5M | - | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | $5.1M | N/A |
5+ Bedrooms | $5.6M | $7.1M | +28.1% |
Summary: Monte Sereno housing prices by bedroom type for April 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 increased by 28.1%.
Housing Supply in Monte Sereno, CA
How many homes are available in Monte Sereno, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 9 | 0.0% |
Summary: The Monte Sereno real estate market had 9 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 | 2 | 3 | +50.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Monte Sereno 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 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Monte Sereno in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Monte Sereno, CA
How long does it take to sell a home in Monte Sereno, CA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 11 Days | -11.5% |
Summary: Homes in Monte Sereno had an average of 11 days on market in Apr 2024, down by 11.5% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Monte Sereno; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.