Corona CA Home Sales and Market Report May 7, 2018

By
Real Estate Agent with BROKER Allison James Estates & Homes BRE 01885684 #01704162

Home Prices and Sales in Corona CA for May 7th, 2018

 

Real estate market data for Corona, CA provided by Liane Thomas, REALTOR®, TheJetTeam.com at Allison James Estates and Homes, Corona, CA and WFG Title Co.

 


Corona, CA

Monday May 7, 2018  

This week the median list price for Corona, CA is $589,000 with the market action index hovering around 55. This is about the same This is about the same as last month's market action index of 55. Inventory has held steady at or around 418.

 

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   $223
Days on Market   58
Price Decreased   39%
Price Increased   5%
Relisted   10%
Inventory   418
Most Expensive   $4,900,000
Least Expensive   $130,000
Market Action Index
Strong Seller's Market
  55

 

 

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

 

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

 

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$809,500 4045 0.25 - 0.5 acre 5 4 14  11  11  99
$639,999 3,165 6,500 - 8,000 sqft 5 3 15  23  22  56
$539,000 2,375 6,500 - 8,000 sqft 4  3  16  28  23  36
$434,950 1,587 6,500 - 8,000 sqft 3 2  30  36  33  40

 


Find Homes for Sale in Corona CA

Visit my website to search for Homes for Sale in Corona, CA or to be notified when Corona, CA homes come on the market.

To find out what your home is worth in the current market click here or call 951-454-3805.

Posted by

corona realtor 

Liane Thomas, REALTOR®
CDPE, SFR, SRES
Allison James Estates & Homes
CA BRE #01704162
What is your home worth? Click HERE to find out instantly
Click HERE to start your home search.

Serving Corona, Norco, Riverside, Lake Elsinore
and surrounding Southern California Communities.
www.TheJetTeam.com
951 454-3805

Proud to Serve Home Buyers and Home Sellers in the following Southern California Areas:Inland Empire, High Desert, Riverside County, San Bernardino County, Orange County, Corona, South Corona, Eagle Glen, Mountain Gate, Chase Ranch, Crown Ranch, Corona Ranch, Corona Hills, Wildrose, Coronita, Horsethief Canyon, Sycamore Creek, El Cerrito, Green River, Sierra del Oro, Trilogy, The Retreat, Dos Lagos, Norco, Mira Loma, Eastvale, Corona Valley, Riverside, Regency Ranch, Mockingbird Canyon, Jurupa, Lake Hills, Indian Hills, La Sierra, La Sierra Heights, Mission Grove, Orangecrest, Victoria Grove, Woodcrest, Moreno Valley, Lake Mathews, Gavillan Hills, Lake Perris, Perris, Sun City, Lake Elsinore, Alberhill, Quail Valley, Murrieta, Menifee, Temecula, Ontario, Rialto, Bloomington, Rancho Cucamonga, Alta Loma, Claremont, Pomona, San Dimas, La Verne, Chino, Chino Hills, Upland, Redlands, Highland, San Bernardino, Victorville, Hesperia, Oak Hills, Phelan, Lytle Creek, Irvine, Orange, Buena Park, Anaheim, Anaheim Hills, and Yorba Linda. Short sales ok! 

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