Question 1

What is the median sold price in Cremona?

Accepted Answer

The median sold price in Cremona is $419,900 based on 15 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Cremona?

Accepted Answer

The average sold price in Cremona is $441,020. Note that the average ($441,020) is higher than the median ($419,900), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Cremona?

Accepted Answer

Home prices in Cremona range from $245,000 to $675,000 based on recent sales data. This $430,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cremona selling above or below asking price?

Accepted Answer

On average, homes in Cremona are selling at 98.8% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Cremona?

Accepted Answer

Homes in Cremona are selling in an average of 97 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Cremona?

Accepted Answer

The average price per square foot in Cremona is $380. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $760,000.

Question 7

How active is the real estate market in Cremona?

Accepted Answer

The Cremona market has seen 15 home sales over the past 2 years, with 4 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Cremona?

Accepted Answer

The most common property types selling in Cremona are: detached single family (14 sold, avg $435,914), vacant lot (1 sold, avg $512,500). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Cremona?

Accepted Answer

Detached homes in Cremona are selling for an average of $435,914, with 14 sales over the past 2 years.

Question 10

Are home prices rising or falling in Cremona?

Accepted Answer

Home prices in Cremona have decreased by 16.0% over the past 2 years. The average sold price moved from $551,500 to $463,300. This downward trend may present buying opportunities for purchasers.

Question 11

Is Cremona a buyer's or seller's market?

Accepted Answer

Based on current data, Cremona is a buyer's market. Homes are selling in 97 days on average and at 98.8% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 12

What percentage of homes sell above asking price in Cremona?

Accepted Answer

In Cremona, 33% of homes sold above asking price, while 47% sold below asking. This indicates a competitive market where bidding wars are common.

Question 13

What are the average property taxes in Cremona?

Accepted Answer

The average annual property tax in Cremona is $2,861, with a median of $3,199. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Cremona?

Accepted Answer

Homes selling in Cremona range from 754 to 2,468 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Cremona?

Accepted Answer

Cremona shows relatively consistent pricing with a standard deviation of $99,437 around the average price of $441,020. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

Where can I find recently sold homes in Cremona?

Accepted Answer

You can view a comprehensive list of houses sold in Cremona right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 17

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 18

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Cremona.

Houses Sold in Cremona — See What Buyers Paid

Cremona Sold Data Overview

Recently Sold in Cremona

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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