$10,000 Closing Credit*
$2,349,000
1,490 SqFt
2 Beds
•2 Full Baths
Bjorn Farrugia, Listing Office: Carolwood Estates
Is North of Montana, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, North of Montana was a Seller's Market.
Key Takeaway
North of Montana is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North of Montana, CA
How much do homes in North of Montana, CA cost?
Median Sold Price
$4,350,000
$1,463/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$56,750(+1.3%)
Key Takeaway
Homes in North of Montana have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in North of Montana was $4,350,000 in December 2024, up 1.3% from last year, and the median price per square foot was $1,463.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $875K | $1.0M | +17.1% |
| 2 Bedrooms | $2.2M | $2.1M | -2.3% |
| 3 Bedrooms | $3.8M | $4.3M | +14.6% |
| 4 Bedrooms | $4.5M | $5.1M | +12.4% |
| 5+ Bedrooms | $7.2M | $7.3M | +2.0% |
Summary: North of Montana housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
| Wilshire / Montana | $1.5M | $1.6M | +3.1% |
| North of Montana | $4.2M | $4.3M | +1.3% |
| The Palisades | $3.3M | $2.3M | -28.4% |
Housing Supply in North of Montana, CA
How many homes are available in North of Montana, CA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 46 | 43 | -6.5% |
Summary: The North of Montana real estate market had 43 homes for sale in December 2024, a 6.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 10 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The North of Montana housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North of Montana, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in North of Montana in December 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for North of Montana, CA
How long does it take to sell a home in North of Montana, CA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 85 Days | 22 Days | -73.7% |
Summary: Homes in North of Montana had an average of 22 days on market in Dec 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North of Montana are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in North of Montana; 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.
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.