Coastal Real Estate Guide

Corona Del Mar, CA

Single-Family Homes

Firebrand Media LLC



Corona Del Mar, CA

Sat Dec 03 2022
This week the median list price for Corona Del Mar, CA is $6,495,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 41. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Corona Del Mar, CA

Sat Dec 03 2022
This week the median list price for Corona Del Mar, CA is $6,495,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has decreased to 41. 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

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Corona Del Mar market.
Median List Price $6,495,000
Median Price of New Listings $3,200,000
Per Square Foot $1,892
Average Days on Market 103
Median Days on Market 77
Price Decreased 49%
Price Increased 0%
Relisted 12%
Inventory 41
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$19,937,500 7,696 8,000 - 10,000 sqft 5 8 8 0 0 126
$8,569,000 4,340 6,500 - 8,000 sqft 4 5 16 0 2 38
$5,125,000 2,868 8,000 - 10,000 sqft 3 3 54 0 1 115
$3,295,000 2,459 6,500 - 8,000 sqft 3 3 50 1 1 63