$9,488 Closing Credit*
$799,000
1,093 SqFt
2 Beds
•1 Full Bath, 1 Partial
Kandi Cogliandro, Listing Office: Poppy Real Estate
Is Monte Rio, 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, Monte Rio has remained a Seller's Market.
Key Takeaway
Monte Rio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Monte Rio, CA
How much do homes in Monte Rio, CA cost?
Median Sold Price
$558,000
$465/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,000(+4.3%)
Key Takeaway
Homes in Monte Rio have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Monte Rio was $558,000 in October 2024, up 4.3% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $374.5K | +15.3% |
| 2 Bedrooms | $591K | $478.5K | -19.0% |
| 3 Bedrooms | $688.2K | $874K | +27.0% |
| 4 Bedrooms | - | $720K | N/A |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: Monte Rio housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 27%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monte Rio | $535K | $558K | +4.3% |
| Guerneville | $575K | $600K | +4.3% |
| Occidental | $905K | $621.2K | -31.4% |
Housing Supply in Monte Rio, CA
How many homes are available in Monte Rio, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Monte Rio real estate market had 5 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Monte Rio housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
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 Monte Rio, 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 Monte Rio in October 2024, down by 75.0% 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 Monte Rio, CA
We’re sorry, we don't have information for this market at the moment
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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.