Corona Del Mar Real Estate Report January 2013

Corona del Mar Real Estate Report

Corona del Mar Real Estate at a Glance:   Volume has been fairly up and down in Corona del Mar this year. Active inventory is high relative to the average number of monthly transactions for detached homes and attached homes as it has been most of the year and as is typical in Corona del Mar.

South Orange County Real Estate General Economic Conditions: rates remain at historic lows increasing affordability, inventory is low throughout South Orange County Real Estate as general economic uncertainty has delayed many sellers from putting their homes on the market and volume has remained fairly consistent.

Detached Homes

Current Active Inventory 53

Current Average List Price $3,677,054

Behind the Numbers

Average volume past 3 months 11

Average sales price past 3 months  $2,075,481

Prices up and down most of the year

Volume  up and down most of the year but more steady in recent months

corona del mar real estatecorona del mar real estate prices

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 doesn’t have a typical market there are a lot of swings and most homes listed get a good amount of attention. 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 19

Current Average List Price $1,292,830

Behind the Numbers

Average volume past 3 months 9

Average sales price past 3 months  $1,148,079

Prices  large range but looking like an uptick for the year

Volume  always all over the map

cdm att volcdm att price

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, OC real estate
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