Is Coronado, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Coronado was a Seller's Market.
Housing Prices in Coronado, AZ
How much do homes in Coronado, AZ cost?
Median Sold Price
$517,000
$390/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coronado was $517,000 in April 2024, down 2% from last year, and the median price per square foot was $390.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $390K | N/A |
2 Bedrooms | $455K | $432.5K | -4.9% |
3 Bedrooms | $578K | $570K | -1.4% |
4 Bedrooms | $645K | $670K | +3.9% |
5+ Bedrooms | $910K | $600K | -34.1% |
Summary: Coronado 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 decreased by 4.9%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 34.1%.
Housing Supply in Coronado, AZ
How many homes are available in Coronado, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The Coronado real estate market had 24 homes for sale in April 2024, a 26.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 2 | -50.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Coronado housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Coronado in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Coronado, AZ
How long does it take to sell a home in Coronado, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 72 Days | -25.2% |
Summary: Homes in Coronado had an average of 72 days on market in Apr 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Coronado; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.