Is Corona Hills, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corona Hills is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Corona Hills was a Seller's Market.

Key Takeaway

Corona Hills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Corona Hills, CA

How much do homes in Corona Hills, CA cost?

Median Sold Price

$728,500

$391/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$78,500(+12.1%)

Key Takeaway

Homes in Corona Hills have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Corona Hills was $728,500 in October 2024, up 12.1% from last year, and the median price per square foot was $391.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $360K$360K
0.0%
2 $477.5K$475K
-0.5%
3 $625K$672.5K
+7.6%
4 $725K$760K
+4.8%
5+ $870K$875K
+0.6%

Summary: Corona Hills housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 0.6%.

Median Sold Price Compared To Nearby Neighborhoods

Corona Hills
+12.1%
La Sierra
+10.4%
Central City
+8.1%
North Corona
+6.4%
Home Gardens
+0.8%

Housing Supply in Corona Hills, CA

How many homes are available in Corona Hills, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3732-13.5%

Summary: The Corona Hills real estate market had 32 homes for sale in October 2024, a 13.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 76
-14.3%
3 105
-50.0%
4 1413
-7.1%
5+ 56
+20.0%

Summary: The Corona Hills housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corona Hills, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Corona Hills in October 2024, down by 66.7% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Corona Hills, CA

How long does it take to sell a home in Corona Hills, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days35 Days+49.8%

Summary: Homes in Corona Hills had an average of 35 days on market in Oct 2024, up by 49.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Corona Hills are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Corona Hills; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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