Corona Del Mar Real Estate Report Feb 2013

Corona del Mar Real Estate Report

Corona del Mar Real Estate at a Glance:   Corona del Mar continues to have a high amount of active inventory compared to the typical demand creating longer sales cycles than most of South Orange County making proper pricing and quality marketing even more essential to successful sell a Corona del Mar home.

South Orange County Real Estate General Economic Conditions: Corona del Mar real estate is not suffering from a lack of volume unlike most of South Orange County. Prices remain strong and the number of transactions per month remains consistent. Low interest rates continue to fuel buyer demand with quality homes, correctly priced and well marketed selling quickly.

Detached Homes

Current Active Inventory 48

Behind the Numbers

Average volume past 3 months 10.5

Prices general upward trend

Volume  up and down most of the year with expected holiday season drop

corona del mar real estate volume detached homes

Corona Del mar real estate prices detached homes

What this means for

Buyers – buyers have a lot of available inventory to select from. In Corona del Mar there are often large differences between similarly priced properties so to make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market and find the best home for you.

Sellers –  Corona del Mar isn’t the typical South Orange County real estate market. Pricing, condition,marketing, feedback and adjustments are all key to getting your home sold at the best price in Corona del Mar. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you. Then we can discuss exactly how we can make you stand out from the crowd.

 

Attached Homes

Current Active Inventory 29

Behind the Numbers

Average volume past 3 months 7.5

Prices  general upswing over the past 12 months

Volume  always all over the map

Corona del mar real estate volume attached homes

Corona del mar real estate prices attached homes

What this means for

Buyers – attached Corona del Mar homes for sale inventory is higher than the average monthly volume but always generate a lot of interest so buyers still have to move quick to see the best of what is out there because the best ones always go quick. To make sure you are seeing everything as soon as it hits the market we offer email listing alerts so you see exactly what’s on the market that fits your criteria as soon as it hits the market.

Sellers – You know there is always a demand for Corona del Mar homes but to actually achieve a successful sale you need to prepare the home properly for sale, price it right, market it so it stands out, gather feedback and make necessary adjustments. For an accurate idea of what you should expect to get for your home get your free home valuation emailed to you.

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Providing the highest level of personal service in South Orange County Real Estate. Helping buyers and sellers in the 949 since 1999! Google

Posted in Corona del Mar Real Estate, for buyers, for sellers, OC real estate
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