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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Corona Hills has remained a Seller's Market.

Key Takeaway

Corona Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Corona Hills, CA

How much do homes in Corona Hills, CA cost?

Median Sold Price

$730,000

$393/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$67,785(+10.2%)

Key Takeaway

Homes in Corona Hills have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Corona Hills was $730,000 in November 2024, up 10.2% from last year, and the median price per square foot was $393.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$360K
0.0%
2 $480K$475K
-1.0%
3 $625K$675K
+8.0%
4 $727.5K$769.7K
+5.8%
5+ $875K$875K
0.0%

Summary: Corona Hills housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Corona Hills
+10.2%
La Sierra
+9.3%
Central City
+8.5%
North Corona
+3.9%

Housing Supply in Corona Hills, CA

How many homes are available in Corona Hills, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3638+5.6%

Summary: The Corona Hills real estate market had 38 homes for sale in November 2024, a 5.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 68
+33.3%
3 910
+11.1%
4 1414
0.0%
5+ 55
0.0%

Summary: The Corona Hills housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
415+275.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corona Hills, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Corona Hills in November 2024, up by 275.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
42 Days26 Days-37.8%

Summary: Homes in Corona Hills had an average of 26 days on market in Nov 2024, down by 37.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 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 November 2024, 15 homes were sold in Corona Hills; 67% of homes were sold within 30 days, 33% 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 17 Days Ago

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