Is Monte Rio, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Monte Rio was a Seller's Market.
Key Takeaway
Monte Rio is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Monte Rio, CA
How much do homes in Monte Rio, CA cost?
Median Sold Price
$1,700,000
$685/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Monte Rio have sold for 119.3% more than they did a month ago.
Summary: The median home sold price in Monte Rio was $1,700,000 in April 2024, up 119.3% from last month, and the median price per square foot was $685.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $569.5K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $981K | - | N/A |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: Monte Rio 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 did not change.
Median Sold Price Compared To Nearby Cities
| Monte Rio | $775.2K | $1.7M | +119.3% |
| Jenner | $965K | $1.0M | +11.4% |
Housing Supply in Monte Rio, CA
How many homes are available in Monte Rio, CA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Monte Rio real estate market had 10 homes for sale in April 2024, a 42.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 3 | 5 | +66.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Monte Rio housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Monte Rio, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Monte Rio in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Monte Rio, CA
We’re sorry, we don't have information for this market at the moment
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