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Corona del Mar Homes for Sale | South of the Highway | Market Update

By
Real Estate Agent with Sharon Paxson, Realtor® EQTY Forbes Global Properties 01501912

Market Update in Corona del Mar | Corona del Mar Homes for Sale South of the Highway

Corona del Mar is part of the city of Newport Beach, and  Corona del Mar does have it’s own zip code, 92657. The city of Newport Beach services the area of Corona del Mar, CA. Corona del Mar is a highly sought after area in the Coastal Orange County area. And the literal meaning of Corona del Mar is “crown of the sea”.

 

Corona del Mar has incredibly beautiful homes, and there are both single family homes and condos. When you live in Corona del Mar, it is a lifestyle. Residents live in the Village because it is walking distance to coffee at Starbucks, shopping and dining. Imagine enjoying the cool ocean breezes while sitting outside of your Corona del Mar, CA home.

The schools in Corona del Mar are very well known. The elementary school is Harbor View Elementary, and the middle and high school is Corona del Mar High School.

The Village is Corona del Mar includes the flower streets which are alphabetical as you drive south on Coast Highway.  The flower streets includes name such as Begonia, Fernleaf, Marigold, and Poppy to name a few. There are both single family homes and condos for sale in Corona del Mar. Many of the condos have two in a unit, and there is typically a front unit and a back unit.

There is both the north side of the highway in the Village and the south side of the highway in Corona del Mar.

Currently in the south side of Corona del Mar, the re are 27 active listings, 10 back up, 0 pending and 8 sales in the month of March, 2013. There were 2 REO sales in the past one year and one short sale, all the other sales were standard sales.

Average sales price for past one year is $2,135,833 and a price per square foot of 925.04. Median price is $1750,000 with a price per square foot of $818.75.

The absorption rate in Corona del Mar south of the highway is as follows.

Past months market reports:

March, 2013
February, 2013

Search the MLS for Corona del Mar homes for sale, and Corona del Mar condos for sale located south of the highway.

Originally posted at NewportBeachRealEstateCafe.com

Search Corona del Mar Homes for Sale by Map

Other Corona del Mar Neighborhoods

Cameo Highlands Corona Highlands Point Del Mar
Cameo Shores Harbor Pointe Sailhouse
Channel Reef Harbor View Hills Sandcastle
China Cove Irvine Terrace Shorecliffs
CDM North of Highway Jasmine Creek Spyglass Hill
CDM South of Highway Jasmine Park Terraces

For the most-up-to-date information in  Corona del Mar area, we urge you to contact us.  We can assist you with all aspects of buying or selling real property in this and other neighborhoods and communities in Corona del Mar.  Also ask to be placed on an instant notification system when any new Corona del Mar MLS listings come on the market or price reductions in the Village in Corona del Mar area are posted.

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We can assist buyers in all forms of Corona del Mar relocation needs including new construction houses, condos, for sale by owner homes, residential lots, lofts, and new homes in various subdivisions across the Newport Beach and Corona del Mar area. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.  If you’re searching for Newport Beach, CA foreclosures, then we invite you to view the listings in this or any of the Newport Beach and Corona del Mar popular communities on our site.  Search for homes in Orange County by zip code. And if you’re searching for condos for sale in the Newport Beach and Corona del Mar, feel free to browse our updated listings of Corona del Mar condos for sale on our site.

If you are not able to find the Corona del Mar home for sale that you are searching for, please fill out the Corona del Mar buyer questionnaire so that we may assist you with your Corona del Mar home search.

Information on this page is based on information on single family homes and condos for sale in Corona del Mar area per the CRMLS and is deemed reliable but, not guaranteed.

Posted by

Sharon Paxson REALTOR®
EQTY Forbes Global Properties
949.280.0681

DRE 01501912

 

 

 

 

 

 

 

 

 

 

Comments(1)

Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Sharon  you are so lucky to have inventory here in the Greater Los Angeles area we have virtually no inventory, every listing is in multiple offers!

May 02, 2013 02:03 PM