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Corona Market Update


I am the type of person that believes we should look at the glass half full so I am happy to report that the real Corona, CA real estate market is improving.  Lets get some good press out to the public and let them know that things will turn around.  Here are some facts:

Sales Date

Month# UnitsMedian PriceAverage DOM 
Jul-09862329,00099 
Jun-091,006329,850110 
May-091,108325,950119 
Apr-091,335329,000116 
Mar-091,570321,950115 
Feb-091,682324,900116 
Jan-091,884328,900124 
Dec-081,970330,000129 
Nov-082,131330,900119 
Oct-082,375339,000113 
Sep-082,473349,900113 
Aug-082,513354,000113 
Jul-082,667360,000108

The number of homes for sale are down 68% but the median price is increasing.  With less homes on the market surply and demands takes over.  Days on the market is decreasing which means the buyers are acting on good buys. 

 

The average months supply of inventory is down 78.3%. 

It's time for buyers to start realizing that unless things change soon they should be in the market now!  

 


Contacts


DRE#01443112

Sharon Koziel, CRS, e-PRO
951-751-6011(Cell)
951-346-9138(Fax)

1655 E. Sixth St
Suite A-1
Corona, California, 92879

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