Corona del Mar Market Report Newport Beach California Orange County Real Estate Market Update LuxuryHomes

Corona del Mar  12/11/2007 - 2/11/2008

What has been happening with inventory in the last three months?  Are any homes in Corona del Mar selling?  How many homes are on the market in this Newport Beach Community in my price range? 

$0 - $999,999 

• Inventory is down 31%
• There are 13 homes on the market in this price range.
• 6 homes have closed escrow.

$1,000,000 - $1,499,999

• Inventory is up 30%
• There are 26 homes on the market in this price range.
• 3 homes have closed escrow.

$1,500,000 - 1,999,999

• Inventory is up 53%
• There are 49 homes on the market in this price range.
• 2 homes have closed escrow.

$2,000,000 - $2,499,999

• Inventory is up 5.6%
• There are 18 homes on the market in this price range.
• 4 homes have closed escrow.

$2,500,000 - $2,999,999

• Inventory is up 28%
• There are 23 homes on the market in this price range.
• 1 homes has closed escrow.

$3,000,000 - $3,499,999

• Inventory has remained level.
• There are 11 homes on the market in this price range.
• 1 home has closed escrow.

$3,500,000 - $3,999,999

• Inventory is down 25%
• There are 6 homes on the market in this price range.
• 1 home has closed escrow.

$4,000,000 - $4,499,999

• Inventory is down 50%
• There are 2 homes on the market in this price range.
• 3 homes have closed escrow.

$4,500,000 - $4,999,999

• Inventory is up 50%
• There are 2 homes on the market in this price range.
• 0 homes have closed escrow.

$5,000,000 - No Max

• Inventory has remained level.
• There are 10 homes on the market in this price range.
• 1 home has closed escrow.

Corona del Mar had 22 homes correctly aligned to the market over the past 3 months. 

ALIGNMENT = SOLD   

How can I align my property to the market?  There's more to it than just slashing the price..

Orange County Real Estate Newport Beach Corona del Mar Market Report Update inventory levels selling a home