$9,488 Closing Credit*
$799,000
1,865 SqFt
3 Beds
•2 Full Baths
Derrick Gardner, Listing Office: LA BAY PROPERTIES
Is Millsmont, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Millsmont has remained a Seller's Market.
Key Takeaway
Millsmont is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Millsmont, CA
How much do homes in Millsmont, CA cost?
Median Sold Price
$680,850
$515/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$104,150(-13.3%)
Key Takeaway
Homes in Millsmont have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in Millsmont was $680,850 in October 2024, down 13.3% from last year, and the median price per square foot was $515.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $324.5K | N/A |
| 2 Bedrooms | $655K | $635K | -3.1% |
| 3 Bedrooms | $850K | $710K | -16.5% |
| 4 Bedrooms | $742.5K | $724.9K | -2.4% |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: Millsmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Leona Heights | $1.0M | $1.0M | +0.7% |
| Eastmont Hills | $840K | $770K | -8.3% |
| Millsmont | $785K | $680.8K | -13.3% |
Housing Supply in Millsmont, CA
How many homes are available in Millsmont, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Millsmont real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Millsmont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Millsmont, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Millsmont in October 2024, up by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Millsmont, CA
How long does it take to sell a home in Millsmont, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 31 Days | +42.9% |
Summary: Homes in Millsmont had an average of 31 days on market in Oct 2024, up by 42.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Millsmont are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Millsmont; 67% of homes were sold within 30 days, 33% 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.