Justin Tye

Corona, CA

Single-Family Homes

Active Realty I REAL



Corona, CA

Fri May 24 2024
This week the median list price for Corona, CA is $849,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 167. Click here to stay informed with the Corona market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Corona, CA

Fri May 24 2024
This week the median list price for Corona, CA is $849,000 with the market action index hovering around 63. This is less than last month's market action index of 65. Inventory has increased to 167. Click here to stay informed with the Corona market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Corona market.
Median List Price $849,000
Median Price of New Listings $785,259
Per Square Foot $396
Average Days on Market 50
Median Days on Market 28
Price Decreased 28%
Price Increased 9%
Relisted 6%
Inventory 167
Median Rent
Market Action 63
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,585,000 4,060 0.25 - 0.5 acre 5 4 21 3 1 28
$928,950 2,550 6,500 - 8,000 sqft 4 3 23 10 13 28
$786,272 2,039 6,500 - 8,000 sqft 4 2.5 19 10 8 21
$693,000 1,625 4,500 - 6,500 sqft 3 2 22 15 16 21