Is Mountain Center, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mountain Center is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mountain Center was a Seller's Market.

Key Takeaway

Mountain Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mountain Center, CA

How much do homes in Mountain Center, CA cost?

Median Sold Price

$644,900

$328/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$80,100(-11.0%)

Key Takeaway

Homes in Mountain Center have sold for 11% less than they did a year ago.

Summary: The median home sold price in Mountain Center was $644,900 in October 2024, down 11% from last year, and the median price per square foot was $328.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$188.7K
-39.1%
2 $850K$430K
-49.4%
3 $585K$775K
+32.5%
4 $800K$1.0M
+25.0%
5+ $1.1M$840K
-23.9%

Summary: Mountain Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.1%, 2 bedroom homes decreased by 49.4%, 3 bedroom homes increased by 32.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Cities

Palm Springs
+3.0%
Cathedral City-Palm Desert
+2.8%
Idyllwild
-1.2%
Mountain Center
-11.0%

Housing Supply in Mountain Center, CA

How many homes are available in Mountain Center, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2732+18.5%

Summary: The Mountain Center real estate market had 32 homes for sale in October 2024, a 18.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 54
-20.0%
2 57
+40.0%
3 913
+44.4%
4 65
-16.7%
5+ 23
+50.0%

Summary: The Mountain Center housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 44.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mountain Center, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mountain Center in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Mountain Center, CA

How long does it take to sell a home in Mountain Center, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days64 Days-7.6%

Summary: Homes in Mountain Center had an average of 64 days on market in Oct 2024, down by 7.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mountain Center has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Mountain Center; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Mountain Center, CA

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