The Aaronson Group's Market Report

Corona Del Mar, CA

Single-Family Homes

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Corona Del Mar, CA

Fri Jun 21 2024
This week the median list price for Corona Del Mar, CA is $6,495,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased 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

The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Corona Del Mar, CA

Fri Jun 21 2024
This week the median list price for Corona Del Mar, CA is $6,495,000 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased 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

The market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

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 $5,925,000
Per Square Foot $2,195
Average Days on Market 96
Median Days on Market 63
Price Decreased 35%
Price Increased 5%
Relisted 16%
Inventory 43
Median Rent
Market Action 37
Slight Seller's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$19,996,500 7,161 8,000 - 10,000 sqft 5 7 7 1 1 70
$8,200,000 3,674 4,500 - 6,500 sqft 4 5 53 1 2 35
$5,750,000 2,910 4,500 - 6,500 sqft 3 3 55 2 3 63
$3,998,000 2,152 6,500 - 8,000 sqft 3 3 64 1 1 63