Is Mountain Empire, 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, Mountain Empire was a Seller's Market.
Housing Prices in Mountain Empire, CA
How much do homes in Mountain Empire, CA cost?
Median Sold Price
$479,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mountain Empire was $479,000 in April 2024, up 5.3% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232.5K | $340K | +46.2% |
2 Bedrooms | $358.7K | $435K | +21.2% |
3 Bedrooms | $465K | $465K | 0.0% |
4 Bedrooms | $495K | $510K | +3.0% |
5+ Bedrooms | $655K | $550K | -16.0% |
Summary: Mountain Empire housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.2%, 2 bedroom homes increased by 21.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 16%.
Median Sold Price Compared To Nearby Cities
Mountain Empire | $455K | $479K | +5.3% |
Campo | $468.5K | $488.7K | +4.3% |
Pine Valley | $631K | $636K | +0.8% |
Housing Supply in Mountain Empire, CA
How many homes are available in Mountain Empire, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The Mountain Empire real estate market had 30 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 | 2 | 4 | +100.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 16 | 12 | -25.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mountain Empire 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 11.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mountain Empire in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 13 Days | -62.4% |
Summary: Homes in Mountain Empire had an average of 13 days on market in Apr 2024, down by 62.4% compared to last year.
Breakdown of Home Sale Times
4 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, 5 homes were sold in Mountain Empire; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.