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17 July 2009

Corona Del Mar Real Estate Market Information

This week the median single family list price of a home in Corona Del Mar is $2,395,000. The median condo price is $1,225,000. While these prices are down from 2007, there's many folks that still could not afford to live in this town.

Real Estate Market Chart by Altos Research www.altosresearch.com

Corona Del Mar is a quaint little town. It is in an ideal location. Surrounded by beautiful homes, the ocean and some of the most trendy shops and restaurants around.

Inventory continues to climb, as for the days on market. Despite the recent down tic, prices have been increasing lately.

The market continues to favor buyers. With several months of inventory on hand, buyers should have plenty of choices and negotiating prices is much easier these days.

Feel free to contact me with Real Estate questions about Corona Del Mar, Newport Beach and Newport Coast.

To search Corona Del Mar Homes Click here.

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