Is Corona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Corona has remained a Seller's Market.
Housing Prices in Corona, CA
How much do homes in Corona, CA cost?
Median Sold Price
$729,953
$386/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Corona was $729,953 in March 2024, up 3.7% from last year, and the median price per square foot was $386.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $352K | $360K | +2.3% |
2 Bedrooms | $460K | $541.9K | +17.8% |
3 Bedrooms | $650K | $674.7K | +3.8% |
4 Bedrooms | $780K | $780K | 0.0% |
5+ Bedrooms | $978.8K | $935K | -4.5% |
Summary: Corona housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 17.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $867.9K | $946.3K | +9.0% |
Norco | $800K | $865K | +8.1% |
Lake Mathews | $749K | $799.9K | +6.8% |
Corona | $703.8K | $729.9K | +3.7% |
Jurupa | $733.3K | $751.4K | +2.5% |
Housing Supply in Corona, CA
How many homes are available in Corona, CA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
443 | 449 | +1.4% |
Summary: The Corona real estate market had 449 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 18 | +28.6% |
2 Bedrooms | 67 | 70 | +4.5% |
3 Bedrooms | 147 | 142 | -3.4% |
4 Bedrooms | 145 | 140 | -3.4% |
5+ Bedrooms | 70 | 79 | +12.9% |
Summary: The Corona housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 12.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 140 | +20.7% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
39 Homes Were Sold
At Asking
62 Homes Were Sold
Over Asking
Summary: A total of 140 homes were sold or pending in Corona in March 2024, up by 20.7% month-over-month. Of the 140 sold homes, 28% were sold under asking, 28% were sold at asking, and 44% were sold over asking.
Days on Market for Corona, CA
How long does it take to sell a home in Corona, CA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
53 Days | 24 Days | -54.2% |
Summary: Homes in Corona had an average of 24 days on market in Mar 2024, down by 54.2% compared to last year.
Breakdown of Home Sale Times
108 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 140 homes were sold in Corona; 77% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.