Steven Sergi, Listing Office: VALIA Properties
Corona Del Mar Housing Market Report December 2024•Orange County, California
Housing Prices in Corona Del Mar, CA
How much do homes in Corona Del Mar, CA cost?
Housing Market Conditions
Is Corona Del Mar, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Corona Del Mar is a Neutral Market
Difference Since December 2023
At the same time last year, Corona Del Mar was a Seller's Market.
Corona Del Mar is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Corona Del Mar have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Corona Del Mar was $3,900,000 in December 2024, up 7.8% from last year, and the median price per square foot was $1,781.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Newport Beach | $3.1M | $3.5M | +13.2% |
Corona Del Mar | $3.6M | $3.9M | +7.8% |
Central Coast | $1.7M | $1.9M | +5.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $1.2M | - | N/A |
22 Bedrooms | $2.2M | $2.4M | +4.8% |
33 Bedrooms | $3.4M | $3.8M | +13.2% |
44 Bedrooms | $5.4M | $5.6M | +2.1% |
55+ Bedrooms | $5.3M | $6.5M | +22.7% |
Summary: Corona Del Mar housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +13.2%. The home price for 4 bedroom homes increased by +2.1%. The home price for 5 bedroom homes increased by +22.7%.
Housing supply in Corona Del Mar, CA
How many homes are available in Corona Del Mar, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
90Last MonthDec 2024 | ||
842 months agoNov 2024 | +7.1 % Change MoMNov – Dec |
Summary: The Corona Del Mar real estate market had 90 homes for sale in Dec 2024, a 7.1 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthDec 2024 | ||
112 months agoNov 2024 | +18.2 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 15 | 16 | +6.7% |
33 Bedrooms | 38 | 38 | 0.0% |
44 Bedrooms | 18 | 18 | 0.0% |
55+ Bedrooms | 13 | 18 | +38.5% |
Summary: Corona Del Mar housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +38.5%.
Asking Price vs. Sold Price
How much do homes in Corona Del Mar, CA cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price13 Homes
If you're buying a home in Corona Del Mar, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Corona Del Mar in December 2024, up by 18.2% month-over-month. Of the 13 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Corona Del Mar, CA
How long does it take to sell a home in Corona Del Mar, CA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days6 Homes
Over 90 Days3 Homes
Avg time on Rocket Homes in Corona Del Mar has remained consistent over time.
Summary: During December 2024, 13 homes were sold in Corona Del Mar; 31% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
62 DaysThis YearDec 2024 | ||
35 Days1 year agoDec 2023 | +74.9 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Corona Del Mar had an average listing age of 62 days in Dec 2024, up by 74.9% compared to the previous year.
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Newest Listings in Corona Del Mar, CA
What homes are available in Corona Del Mar, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 01/01/2023 - 01/01/2025
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.