Coto de Caza currently leans toward sellers, with the market gauge indicating a seller’s market. Months of supply sit at 3.6, suggesting inventory is not overly tight but still favors those listing their homes. A typical home value of about $1.9 million underscores the area’s higher-end price point in this rolling three-month view.
Listing activity has expanded compared with last year, with active listings up slightly year over year and now at 144 homes on the market. At the same time, the share of homes selling above list price has fallen to about 17 percent, and the average sale-to-list price ratio is just under 98 percent, pointing to more measured bidding than in prior years.
Demand has remained steady in this rolling three-month window, as homes sold are up more than 13 percent year over year to 65 sales, yet pending sales are down compared with last year, hinting at some buyer caution. Homes are also taking longer to sell than a year ago, with the median days on market now at 43, even though that’s an improvement from earlier this year. With list prices down year over year while values have slipped more modestly, conditions require careful pricing for sellers and patient strategy for buyers, and Agent Pronto can help both sides connect with an agent who understands these dynamics.
