Sun Jul 05 2020
This week the median list price for Corona Del Mar, CA is $4,649,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 83.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$4,649,000|
|Per Square Foot||$1,370|
|Days on Market||151|
|Slight Buyer's Advantage|
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$14,747,500||6,496||0.25 - 0.5 acre||4||7||6||1||1||184|
|$5,795,000||4,250||4,500 - 6,500 sqft||4||5||13||2||1||125|
|$3,950,000||3,200||6,500 - 8,000 sqft||4||4||15||0||1||156|
|$2,995,000||2,750||0 - 4,500 sqft||3||3||48||1||2||138|