Tara Shapiro

Corona Del Mar, CA 92625

Single-Family Homes

EQTY Forbes Global Properties



Corona Del Mar, CA 92625

Sun Apr 14 2024
This week the median list price for Corona Del Mar, CA 92625 is $6,250,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has decreased to 31. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Corona Del Mar, CA 92625

Sun Apr 14 2024
This week the median list price for Corona Del Mar, CA 92625 is $6,250,000 with the market action index hovering around 40. This is an increase over last month's market action index of 36. Inventory has decreased to 31. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Corona Del Mar market.
Median List Price $6,250,000
Median Price of New Listings $19,995,000
Per Square Foot $2,191
Average Days on Market 72
Median Days on Market 35
Price Decreased 23%
Price Increased 0%
Relisted 6%
Inventory 31
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$19,995,000 7,488 0.25 - 0.5 acre 5 7 1 2 2 63
$7,247,500 3,563 4,500 - 6,500 sqft 3 5 12 0 0 31
$5,747,500 3,065 0 - 4,500 sqft 4 4 46 1 3 42
$3,797,500 1,944 4,500 - 6,500 sqft 3 3 69 0 2 35