Is CantaMia at Estrella, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing CantaMia at Estrella is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, CantaMia at Estrella has remained a Seller's Market.

Key Takeaway

CantaMia at Estrella is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in CantaMia at Estrella, AZ

How much do homes in CantaMia at Estrella, AZ cost?

Median Sold Price

$410,250

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$112,250(-21.5%)

Key Takeaway

Homes in CantaMia at Estrella have sold for 21.5% less than they did a year ago.

Summary: The median home sold price in CantaMia at Estrella was $410,250 in March 2024, down 21.5% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $500K$413.7K
-17.3%
3 $619K$389.5K
-37.1%
4 --
N/A
5+ --
N/A

Summary: CantaMia at Estrella housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes decreased by 37.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in CantaMia at Estrella, AZ

How many homes are available in CantaMia at Estrella, AZ?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1514-6.7%

Summary: The CantaMia at Estrella real estate market had 14 homes for sale in March 2024, a 6.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The CantaMia at Estrella housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

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 CantaMia at Estrella, 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 CantaMia at Estrella in March 2024, the same as the previous 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 CantaMia at Estrella, AZ

How long does it take to sell a home in CantaMia at Estrella, AZ?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days69 Days-3.3%

Summary: Homes in CantaMia at Estrella had an average of 69 days on market in Mar 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in CantaMia at Estrella has remained consistent over time.

Summary: During March 2024, 3 homes were sold in CantaMia at Estrella; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 23 Days Ago

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