The Aaronson Group's Market Report

Corona Del Mar, CA

Single-Family Homes

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Corona Del Mar, CA

Fri Mar 05 2021
This week the median list price for Corona Del Mar, CA is $4,995,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 61. 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 Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Corona Del Mar, CA

Fri Mar 05 2021
This week the median list price for Corona Del Mar, CA is $4,995,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 61. 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 Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Corona Del Mar market.
Median List Price $4,995,000
Per Square Foot $1,498
Days on Market 133
Price Decreased 34%
Price Increased 3%
Relisted 16%
Inventory 61
Median Rent $6,000
Most Expensive $32,995,000
Least Expensive $1,995,000
Market Action 29
Slight Buyer's Advantage

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$19,100,000 8,278 0.25 - 0.5 acre 5 7 9 0 0 154
$6,595,000 4,250 6,500 - 8,000 sqft 4 6 13 1 2 140
$4,495,000 3,146 0 - 4,500 sqft 4 4 14 0 1 126
$2,762,000 2,580 6,500 - 8,000 sqft 3 3 46 3 1 49