Is Mountain Center, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Mountain Center was a Neutral Market.
Key Takeaway
Mountain Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mountain Center, CA
How much do homes in Mountain Center, CA cost?
Median Sold Price
$614,950
$281/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Mountain Center have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Mountain Center was $614,950 in November 2023, down 8.6% from last year, and the median price per square foot was $281.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $310K | +12.7% |
| 2 Bedrooms | $332.5K | $850K | +155.6% |
| 3 Bedrooms | $550K | $585K | +6.4% |
| 4 Bedrooms | $802K | $687.5K | -14.3% |
| 5+ Bedrooms | $1.0M | $1.1M | +1.8% |
Summary: Mountain Center housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 155.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Cathedral City-Palm Desert | $655.2K | $663.4K | +1.2% |
| Palm Springs | $624.3K | $625.6K | 0.2% |
| Idyllwild | $540.7K | $525K | -2.9% |
| Anza | $404.5K | $385K | -4.8% |
| Mountain Center | $672.5K | $614.9K | -8.6% |
Housing Supply in Mountain Center, CA
How many homes are available in Mountain Center, CA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 32 | 28 | -12.5% |
Summary: The Mountain Center real estate market had 28 homes for sale in November 2023, a 12.5% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Mountain Center housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mountain Center, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mountain Center in November 2023, down by 50.0% month-over-month. Of the 2 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?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 48 Days | 4 Days | -91.8% |
Summary: Homes in Mountain Center had an average of 4 days on market in Nov 2023, down by 91.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mountain Center are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 2 homes were sold in Mountain Center; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.