Is Carino Estates, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Carino Estates has remained a Seller's Market.
Housing Prices in Carino Estates, AZ
How much do homes in Carino Estates, AZ cost?
Median Sold Price
$600,250
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carino Estates was $600,250 in April 2024, down 0.6% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $428K | $430K | 0.5% |
3 Bedrooms | $579K | $575K | -0.7% |
4 Bedrooms | $657K | $705K | +7.3% |
5+ Bedrooms | $708K | $795K | +12.3% |
Summary: Carino Estates housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Neighborhoods
Arden Park | $780K | $1.0M | +32.0% |
Carino Estates | $603.7K | $600.2K | -0.6% |
Housing Supply in Carino Estates, AZ
How many homes are available in Carino Estates, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 15 | +15.4% |
Summary: The Carino Estates real estate market had 15 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Carino Estates housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Carino Estates in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Carino Estates, AZ
How long does it take to sell a home in Carino Estates, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 58 Days | +33.0% |
Summary: Homes in Carino Estates had an average of 58 days on market in Apr 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Carino Estates; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.