$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 November 2023
At the same time last year, Millsmont was a Seller's Market.
Key Takeaway
Millsmont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Millsmont, CA
How much do homes in Millsmont, CA cost?
Median Sold Price
$685,000
$515/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$72,500(-9.6%)
Key Takeaway
Homes in Millsmont have sold for 9.6% less than they did a year ago.
Summary: The median home sold price in Millsmont was $685,000 in November 2024, down 9.6% from last year, and the median price per square foot was $515.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $324.5K | N/A |
| 2 Bedrooms | $635K | $599K | -5.7% |
| 3 Bedrooms | $850K | $720K | -15.3% |
| 4 Bedrooms | $656.1K | $772.5K | +17.7% |
| 5+ Bedrooms | $1.1M | - | N/A |
Summary: Millsmont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.7%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Eastmont Hills | $810K | $750K | -7.4% |
| Millsmont | $757.5K | $685K | -9.6% |
Housing Supply in Millsmont, CA
How many homes are available in Millsmont, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Millsmont real estate market had 16 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Millsmont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 75%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -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 1 homes were sold or pending in Millsmont in November 2024, down 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 9 Days | 75 Days | +703.6% |
Summary: Homes in Millsmont had an average of 75 days on market in Nov 2024, up by 703.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Millsmont has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Millsmont; 0% of homes were sold within 30 days, 100% 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.