Market verdict: Buyer's Market · 2 sold (30d) · avg $927,500 · 54 days on market
Buyers currently have more choice in Mission's multi-family market, with homes taking longer to sell. In the past 30 days, 2 multi-family properties sold across Mission at an average sold price of $927,500. Multi-family properties are selling in an average of 54 days on the market. The absorption rate is 6.1% — meaning 6.1% of active multi-family inventory sells each month. Average multi-family prices in Mission are down 5.2% compared to the 90-day average of $978,750. If you're considering buying a multi-family property in Mission, you have more time to negotiate — though well-priced homes still attract attention.
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Average sold price per month (all multi-family types combined)
How many multi-family properties sold in each price bracket (last 90 days)
Based on current data, Mission is a Buyer's Market for multi-family properties.
The absorption rate is 6.1%, with 33 active listings and 2 sales in the last 30 days.
Multi-family properties in Mission are taking an average of 54 days on the market before selling.