No matter what the market, people will continue to desire to live in Corona, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Corona housing market continues to post brisk sales.
In of July 2008, 271 single family homes and a total of 18 condos/townhomes sold, down 226 from last month. My overall view of the market is still slipping more so in 92881 and 92882. Click Here to view the Riverside County market report.
Closed Sales for July 2008: Up 59 from last month
384 Single Family Homes
17 Condos/Townhomes
Pending Sales for July 2008: Up 5 from last month
726 Single Family Homes
45 Condos/Townhomes
Current Actives as of Today's Post: Up 5 from last month
1270 Single Family Homes
145 Condos/Townhomes
Foreclosure Activity for July 2008
92879 - 97 Notice of Defaults (NOD) Down 9 from last month
92879 - 89 Notice of Foreclosure Sale (NOS) Up 10 from last month
92880 - 153 Notice of Defaults (NOD) Up 18 from last month
92880 - 142 Notice of Foreclosure Sale (NOS) Up 14 from last month
92881 - 58 Notice of Defaults (NOD) The same as last month
92881 - 52 Notice of Foreclosure Sale (NOS) Up 3 from last month
92882 - 129 Notice of Defaults (NOD) Up 9 from last month
92882 - 115 Notice of Foreclosure Sale (NOS) Down 11 from last month
92883 - 86 Notice of Defaults (NOD) Down 3 from last month
92883 - 104 Notice of Foreclosure Sale (NOS) Up 8 from last month
Price Per Square Foot
Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of September7, 2008 for Corona is $169, down $9 from last month.
Corona- 92879 |
|||||||||||
Single Family Residences |
SFR Only |
||||||||||
Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
||||
Corona |
Feb 08 |
13 |
$395 |
-32.80% |
$188 |
||||||
Corona |
Mar 08 |
25 |
$315 |
-36.10% |
$202 |
7.45% |
$14 |
($80) |
|||
Corona |
Apr 08 |
31 |
$345 |
-27.40% |
$177 |
-12.38% |
($25) |
$30 |
|||
Corona |
May 08 |
34 |
$330 |
-34.70% |
$162 |
-8.47% |
($15) |
($15) |
|||
Corona |
Jun 08 |
44 |
$320 |
-24.30% |
$165 |
1.85% |
$3 |
($10) |
|||
Corona |
Jul 08 |
53 |
$305 |
-28.40% |
$169 |
2.42% |
$4 |
($15) |
|||
-10% |
|||||||||||
$19 |
|||||||||||
Corona- 92880 |
|||||||||||
Single Family Residences |
SFR Only |
||||||||||
Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
||||
Corona |
Feb 08 |
43 |
$400 |
-29.80% |
$153 |
||||||
Corona |
Mar 08 |
70 |
$393 |
-30.30% |
$143 |
-6.54% |
($10) |
($7) |
|||
Corona |
Apr 08 |
86 |
$400 |
-34.90% |
$132 |
-7.69% |
($11) |
$7 |
|||
Corona |
May 08 |
84 |
$385 |
-30.00% |
$131 |
-0.76% |
($1) |
($15) |
|||
Corona |
Jun 08 |
102 |
$378 |
-34.70% |
$133 |
1.53% |
$2 |
($7) |
|||
Corona |
Jul 08 |
102 |
$390 |
-27.80% |
$132 |
-0.75% |
($1) |
$12 |
|||
-14% |
|||||||||||
$21 |
|||||||||||
Corona- 92881 |
|||||||||||
Single Family Residences |
SFR Only |
||||||||||
Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
||||
Corona |
Feb 08 |
19 |
$395 |
-30.70% |
$185 |
||||||
Corona |
Mar 08 |
29 |
$407 |
-22.80% |
$171 |
-7.57% |
($14) |
$12 |
|||
Corona |
Apr 08 |
31 |
$425 |
-11.80% |
$175 |
2.34% |
$4 |
$18 |
|||
Corona |
May 08 |
35 |
$375 |
-30.90% |
$178 |
1.71% |
$3 |
($50) |
|||
Corona |
Jun 08 |
46 |
$390 |
-25.00% |
$181 |
1.69% |
$3 |
$15 |
|||
Corona |
Jul 08 |
59 |
$358 |
-39.30% |
$166 |
-8.29% |
($15) |
($32) |
|||
-10% |
|||||||||||
$19 |
|||||||||||
Corona- 92882 |
|||||||||||
Single Family Residences |
SFR Only |
||||||||||
Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
||||
Corona |
Feb 08 |
36 |
$381 |
-26.80% |
$199 |
||||||
Corona |
Mar 08 |
36 |
$400 |
-27.10% |
$184 |
-7.54% |
($15) |
$19 |
|||
Corona |
Apr 08 |
57 |
$365 |
-33.00% |
$164 |
-10.87% |
($20) |
($35) |
|||
Corona |
May 08 |
76 |
$385 |
-33.90% |
$163 |
-0.61% |
($1) |
$20 |
|||
Corona |
Jun 08 |
84 |
$360 |
-28.70% |
$176 |
7.98% |
$13 |
($25) |
|||
Corona |
Jul 08 |
101 |
$341 |
-31.70% |
$164 |
-6.82% |
($12) |
($19) |
|||
-18% |
|||||||||||
$35 |
|||||||||||
Corona- 92883 |
|||||||||||
Single Family Residences |
SFR Only |
||||||||||
Riverside County |
# SFR |
Price (1,000) |
% chg from Previous Year |
$/Sq Ft |
Media Price Prior to Present Month % change SFR |
Prior to Present Month Change $ Per Sq Ft |
Prior to Present Month Median $ Change ($1,000) |
||||
Corona |
Feb 08 |
19 |
$435 |
-32.00% |
$171 |
||||||
Corona |
Mar 08 |
45 |
$350 |
-26.70% |
$169 |
-1.17% |
($2) |
($85) |
|||
Corona |
Apr 08 |
43 |
$345 |
-30.60% |
$159 |
-5.92% |
($10) |
($5) |
|||
Corona |
May 08 |
70 |
$330 |
-35.40% |
$147 |
-7.55% |
($12) |
($15) |
|||
Corona |
Jun 08 |
77 |
$348 |
-33.60% |
$151 |
2.72% |
$4 |
$18 |
|||
Corona |
Jul 08 |
92 |
$340 |
-37.00% |
$150 |
-0.66% |
($1) |
($8) |
|||
-12% |
|||||||||||
$21 |
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Corona or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
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