Coastal Real Estate Guide

Corona Del Mar, CA

Single-Family Homes

Firebrand Media LLC



Corona Del Mar, CA

Thu Mar 30 2023
This week the median list price for Corona Del Mar, CA is $7,800,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 43. Click here to stay informed with the Corona Del Mar market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Corona Del Mar, CA

Thu Mar 30 2023
This week the median list price for Corona Del Mar, CA is $7,800,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 43. Click here to stay informed with the Corona Del Mar market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Corona Del Mar market.
Median List Price $7,800,000
Median Price of New Listings $5,000,000
Per Square Foot $2,480
Average Days on Market 90
Median Days on Market 28
Price Decreased 14%
Price Increased 0%
Relisted 7%
Inventory 43
Median Rent
Market Action 36
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$22,496,500 6,550 0.25 - 0.5 acre 4 6 18 0 0 84
$12,780,000 4,064 6,500 - 8,000 sqft 4 6 28 1 1 21
$5,895,000 3,100 4,500 - 6,500 sqft 4 4 58 3 1 63
$3,100,000 1,979 0 - 4,500 sqft 3 3 49 3 1 28