Corona CA - August 2013 Market Report

Corona CA - August 2013 Market Report

Corona August's Closings

Corona July's Closings

Corona June's Closings

 Corona CA real estate market is still a Seller's market. The number of homes sold continues to increase from month to month. It went from 227 homes sold for the month of June to 238 homes for the month of August. We did see a decrease of 2 homes sold from July to August. Some of the factors that contributed to the decrease of homes sold in Corona might be due to interest rate increase and an increase in home values.

Inventory is still limited within the city of Corona.  Home prices increased from $367,735 to over $392,223. That is an increase of $24,4880. As inventory remains limited, we will continue to see buyers competing for the same properties.  I would not be surprised if home values continues its upward climb.

Corona's Active Listings

If you are in the market for a Corona home, there are 369 properties to choose from. One trend that we did observe this month, is that days on the market is increasing. This allows buyers some breathing room, however, home prices are still increasing from month to month. Buyers who want to move into their new home before the holidays, should contact the Eastvale Team for up to date list of available homes. Let us help you find your way HOME!

Sellers who are considering selling their Corona home, should consult with Eastvale team for a free market analysis of their home. If you want your home sold before the holidays, don't overprice your home. Let the market dictate the listing price.

Corona Ca - August 2013 Market Report