Is Cortina, 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, Cortina has remained a Seller's Market.
Housing Prices in Cortina, AZ
How much do homes in Cortina, AZ cost?
Median Sold Price
$618,000
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cortina was $618,000 in April 2024, down 8.5% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $512.2K | $461.5K | -9.9% |
4 Bedrooms | $642.5K | $599.9K | -6.6% |
5+ Bedrooms | $761.2K | $730K | -4.1% |
Summary: Cortina 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 did not change, 3 bedroom homes decreased by 9.9%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Neighborhoods
Sossaman Estates | $790.5K | $817.9K | +3.5% |
Remington Heights | $579.2K | $567.4K | -2.0% |
Cortina | $675.2K | $618K | -8.5% |
Housing Supply in Cortina, AZ
How many homes are available in Cortina, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 13 | -13.3% |
Summary: The Cortina real estate market had 13 homes for sale in April 2024, a 13.3% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Cortina 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 5 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Cortina in April 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Cortina, AZ
How long does it take to sell a home in Cortina, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
135 Days | 52 Days | -61.2% |
Summary: Homes in Cortina had an average of 52 days on market in Apr 2024, down by 61.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Cortina; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.