Is Coto de Caza, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coto de Caza is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Coto de Caza has remained a Seller's Market.

Key Takeaway

Coto de Caza is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Coto de Caza, CA

How much do homes in Coto de Caza, CA cost?

Median Sold Price

$1,750,000

$573/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$120,000(+7.4%)

Key Takeaway

Homes in Coto de Caza have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Coto de Caza was $1,750,000 in April 2024, up 7.4% from last year, and the median price per square foot was $573.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $645K$696.5K
+8.0%
3 $1.1M$1.1M
+3.9%
4 $1.6M$1.7M
+4.1%
5+ $2.2M$2.7M
+20.7%

Summary: Coto de Caza 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 8%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 20.7%.

Median Sold Price Compared To Nearby Neighborhoods

Dove Canyon
+9.6%
Coto de Caza
+7.4%
Rancho Mission Viejo
+4.5%

Housing Supply in Coto de Caza, CA

How many homes are available in Coto de Caza, CA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6353-15.9%

Summary: The Coto de Caza real estate market had 53 homes for sale in April 2024, a 15.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 89
+12.5%
4 2617
-34.6%
5+ 2626
0.0%

Summary: The Coto de Caza 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 decreased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 34.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2419-20.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coto de Caza, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Coto de Caza in April 2024, down by 20.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 32% were sold at asking, and 37% were sold over asking.

Days on Market for Coto de Caza, CA

How long does it take to sell a home in Coto de Caza, CA?

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days15 Days-40.5%

Summary: Homes in Coto de Caza had an average of 15 days on market in Apr 2024, down by 40.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coto de Caza are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Coto de Caza; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

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