$5,938 Closing Credit*
$500,000
1,741 SqFt
2 Beds
•2 Full Baths
Dan Lussier, Listing Office: KELLER WILLIAMS ON THE WATER S
Is Cortez, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Cortez was a Neutral Market.
Key Takeaway
Cortez is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cortez, FL
How much do homes in Cortez, FL cost?
Median Sold Price
$430,000
$308/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$82,500(-16.1%)
Key Takeaway
Homes in Cortez have sold for 16.1% less than they did a year ago.
Summary: The median home sold price in Cortez was $430,000 in December 2024, down 16.1% from last year, and the median price per square foot was $308.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $132.6K | -45.9% |
| 2 Bedrooms | $385K | $312.5K | -18.8% |
| 3 Bedrooms | $761.5K | $890K | +16.9% |
| 4 Bedrooms | $618.9K | $1.1M | +89.8% |
| 5+ Bedrooms | $750K | $675K | -10.0% |
Summary: Cortez housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.9%, 2 bedroom homes decreased by 18.8%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 89.8%, and 5+ bedroom homes decreased by 10%.
Housing Supply in Cortez, FL
How many homes are available in Cortez, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 64 | 74 | +15.6% |
Summary: The Cortez real estate market had 74 homes for sale in December 2024, a 15.6% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 36 | 42 | +16.7% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cortez housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cortez, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Cortez in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Cortez, FL
How long does it take to sell a home in Cortez, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 88 Days | +120.8% |
Summary: Homes in Cortez had an average of 88 days on market in Dec 2024, up by 120.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cortez are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 7 homes were sold in Cortez; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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