Coastal Real Estate Guide

Corona Del Mar, CA

Single-Family Homes

Firebrand Media



Corona Del Mar, CA

Thu Feb 21 2019
This week the median list price for Corona Del Mar, CA is $4,445,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 54. Click here to stay informed with the Corona Del Mar market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Del Mar, CA

Thu Feb 21 2019
This week the median list price for Corona Del Mar, CA is $4,445,000 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has held steady at or around 54. Click here to stay informed with the Corona Del Mar market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

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 Del Mar market.
Median List Price $4,445,000
Per Square Foot $1,456
Days on Market 153
Price Decreased 35%
Price Increased 0%
Relisted 7%
Inventory 54
Median House Rent $6,800
Most Expensive $25,995,000
Least Expensive $1,500,000
Market Action Index
Slight Seller's Advantage
30

The market is 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
$11,575,000 6,328 0.25 - 0.5 acre 4 5 11 0 0 147
$5,595,000 3,269 6,500 - 8,000 sqft 4 3 13 0 0 157
$3,787,000 2,880 8,000 - 10,000 sqft 4 2 54 3 0 125
$2,345,000 2,173 4,500 - 6,500 sqft 3 2 48 0 1 184