Home Prices and Sales in Corona CA for April 16th, 2018
Real estate market data for Corona, CA provided by Liane Thomas, REALTOR® at TheJetTeam.com at Allison James Estates and Homes, Corona, CA and WFG Title Co.
Monday April 16, 2018
This week the median list price for Corona, CA is $589,000 with the market action index hovering around 55. This is an increase over last month's market action index of 54. Inventory has held steady at or around 387.
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer. Currently we are at 55, indicating a strong sellers market in Corona, CA.
Real-Time Market Profile
|Median List Price||$589,000|
|Per Square Foot||$227|
|Days on Market||62|
|Market Action Index
Strong Seller's Market
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$830,950||4069||0.25 - 0.5 acre||5||4||14||14||15||91|
|$639,999||3,165||6,500 - 8,000 sqft||5||3||14||18||17||68|
|$539,000||2,375||6,500 - 8,000 sqft||4||2||17||24||25||40|
|$434,950||1,587||6,500 - 8,000 sqft||3||2||30||32||33||48|
Find Homes for Sale in Corona CA
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