Mono Real Estate Statistics

Mono real estate average sold price in the last 30 days (January 21 - February 19) was $1,640,000, which is $540,000 (32.9%) higher than the average price of $1,100,000 in the previous 30 day period (December 22 - January 20), and $221,667 (13.5%) up from the same period 1 year ago ($1,418,333). Mono real estate prices over the last 30 days are also $253,585 (15.5%) higher than the average selling price of $1,386,415 over the past year.

Mono average sold price for homes was $1,640,000 in the last 30 days (January 21 - February 19), which is $540,000 (32.9%) up from the average home price of $1,100,000 in the previous 30 day period (December 22 - January 20), and $221,667 (13.5%) higher than the same period 1 year ago ($1,418,333). In the last 30 days Mono the average home price was $253,585 (15.5%) higher than the average selling price of $1,386,415 over the last 12 months.

Average selling price for Mono real estate was $1,640,000 in the last 30 days (January 21 - February 19), which is collectively $217,760 (9.7%) lower than the average asking price of $2,240,407. This represents a decline of $193,260 (788.8%) compared to $24,500 (1.1%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Mono during the last 12 months was recorded in June, 2024 with an average of $22,770 under the asking price, while the minimum occurring in January, 2025 with $133,580 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Mono was 38.5% with 5 properties sold and 8 new properties listed in the past 30 days (January 21 - February 19). This represents an increase from 25.0% recorded during the previous 30 day period (December 22 - January 20), and an increase from 27.3% compared to the same period one year ago.

Over the the last year the highest SNLR in Mono was 283.3% recorded in December and the lowest was in August at 11.5%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 5 properties that were successfully sold in Mono in the last 30 days (January 21 - February 19) was 62 days, which is 26 days more than 36 days average in the previous 30 day period (December 22 - January 20) and 17 days shorter than during the same period a year ago (79 days).

There were 11 delisted properties in Mono, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 115 days on the market. This is 7 days longer than the average of 108 days during the previous 30 day period (December 22 - January 20) and 22 days more compared to the same period last year average of 93 days on the market.

11 Mono properties that didn't sell stayed on the market 85.5% longer than 5 that sucessfully sold over the last 30 days - 62 days when sold vs 115 days when delisted respectively.

Average Days on the Market in Mono over the past 12 months for properties that have sold was 52.6 days, with 90.5 days for those properties that did not sell.

13 new properties were listed on the market in Mono in the last 30 days (January 21 - February 19). During the same time 5 properties were sold and 11 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 3 properties (or 23.1%).

During the previous 30 day period (December 22 - January 20) there were 8 new properties listed, 2 sold and 13 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was July with 29 new properties listed, the slowest - December with 6 new listings and a yearly average of 20 new listings per month.

There were a total of 13 homes listed during the last 30 days (January 21 - February 19), which is 100.0% of all properties listed in Mono. This is a 62.5% increase compared with a previous 30 day period (December 22 - January 20) and 40.9% down from the same period a year ago. Over the past year an average of 20 homes are were listed per month.

There were a total of 5 homes sold during the last 30 days (January 21 - February 19), which is 100.0% of all properties sold in Mono. This is a 150.0% increase compared with a previous 30 day period (December 22 - January 20) and 16.7% down from the same period a year ago. Over the past year an average of 8 homes are were sold per month.