Is Mountain Empire, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Mountain Empire has remained a Buyer's Market.
Housing Prices in Mountain Empire, CA
How much do homes in Mountain Empire, CA cost?
Median Sold Price
$455,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Mountain Empire was $455,000 in November 2023, down 0.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $279K | $94K | -66.3% |
2 Bedrooms | $365K | $369K | +1.1% |
3 Bedrooms | $470K | $466K | -0.9% |
4 Bedrooms | $500K | $498.5K | -0.3% |
5+ Bedrooms | $650K | - | N/A |
Summary: Mountain Empire housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 66.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mountain Empire | $457.5K | $455K | -0.5% |
Campo | $484.4K | $465K | -4.0% |
Housing Supply in Mountain Empire, CA
How many homes are available in Mountain Empire, CA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Summary: The Mountain Empire real estate market had 28 homes for sale in November 2023, a 27.3% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mountain Empire 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mountain Empire in November 2023, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Mountain Empire, CA
How long does it take to sell a home in Mountain Empire, CA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
56 Days | 22 Days | -60.7% |
Summary: Homes in Mountain Empire had an average of 22 days on market in Nov 2023, down by 60.7% 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
Summary: During November 2023, 2 homes were sold in Mountain Empire; 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.