$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 November 2023
At the same time last year, Monte Rio was a Seller's Market.
Key Takeaway
Monte Rio is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
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 November 2023
+$103,000(+22.6%)
Key Takeaway
Homes in Monte Rio have sold for 22.6% more than they did a year ago.
Summary: The median home sold price in Monte Rio was $558,000 in November 2024, up 22.6% from last year, and the median price per square foot was $465.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $374.5K | +4.0% |
| 2 Bedrooms | $551K | $492K | -10.7% |
| 3 Bedrooms | $685K | $874K | +27.6% |
| 4 Bedrooms | - | $459K | N/A |
| 5+ Bedrooms | - | $1.7M | N/A |
Summary: Monte Rio housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 27.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monte Rio | $455K | $558K | +22.6% |
| Guerneville | $560K | $617.2K | +10.2% |
| Occidental | $852.5K | $539.5K | -36.7% |
Housing Supply in Monte Rio, CA
How many homes are available in Monte Rio, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Monte Rio real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Monte Rio housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
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 November 2024, the same as the previous 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
How long does it take to sell a home in Monte Rio, CA?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Monte Rio are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Monte Rio; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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