Is North of Montana, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, North of Montana was a Seller's Market.
Key Takeaway
North of Montana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North of Montana, CA
How much do homes in North of Montana, CA cost?
Median Sold Price
$4,050,000
$1,394/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North of Montana have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in North of Montana was $4,050,000 in April 2024, down 5.4% from last year, and the median price per square foot was $1,394.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $813.8K | $930K | +14.3% |
| 2 Bedrooms | $1.7M | $2.1M | +25.7% |
| 3 Bedrooms | $3.5M | $3.9M | +9.5% |
| 4 Bedrooms | $4.6M | $4.8M | +6.3% |
| 5+ Bedrooms | $7.3M | $6.1M | -16.0% |
Summary: North of Montana housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Neighborhoods
| Wilshire / Montana | $1.4M | $1.5M | +8.4% |
| The Palisades | $2.7M | $2.7M | +1.6% |
| North of Montana | $4.2M | $4.0M | -5.4% |
Housing Supply in North of Montana, CA
How many homes are available in North of Montana, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 48 | 58 | +20.8% |
Summary: The North of Montana real estate market had 58 homes for sale in April 2024, a 20.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 11 | +83.3% |
| 2 Bedrooms | 16 | 16 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The North of Montana housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 83.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in North of Montana, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in North of Montana in April 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for North of Montana, CA
How long does it take to sell a home in North of Montana, CA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 19 Days | -54.4% |
Summary: Homes in North of Montana had an average of 19 days on market in Apr 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North of Montana are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in North of Montana; 60% of homes were sold within 30 days, 40% 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.