$3,650,000
1,980 SqFt
3 Beds
•2 Full Baths, 1 Partial
Suzanne Vasu, Listing Office: Pacific Sotheby's International Realty
Is Flower Streets / Corona del Mar Village, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Flower Streets / Corona del Mar Village was a Neutral Market.
Key Takeaway
Flower Streets / Corona del Mar Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Flower Streets / Corona del Mar Village, CA
How much do homes in Flower Streets / Corona del Mar Village, CA cost?
Median Sold Price
$3,650,000
$1,789/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$150,000(+4.3%)
Key Takeaway
Homes in Flower Streets / Corona del Mar Village have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Flower Streets / Corona del Mar Village was $3,650,000 in October 2024, up 4.3% from last year, and the median price per square foot was $1,789.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $2.8M | - | N/A |
| 2 Bedrooms | $2.2M | $2.4M | +4.6% |
| 3 Bedrooms | $3.6M | $3.8M | +4.0% |
| 4 Bedrooms | $5.4M | $4.8M | -11.6% |
| 5+ Bedrooms | $5.1M | $4.7M | -6.0% |
Summary: Flower Streets / Corona del Mar Village 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 increased by 4.6%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes decreased by 6%.
Housing Supply in Flower Streets / Corona del Mar Village, CA
How many homes are available in Flower Streets / Corona del Mar Village, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 68 | 67 | -1.5% |
Summary: The Flower Streets / Corona del Mar Village real estate market had 67 homes for sale in October 2024, a 1.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Flower Streets / Corona del Mar Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Flower Streets / Corona del Mar Village, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Flower Streets / Corona del Mar Village in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Flower Streets / Corona del Mar Village, CA
How long does it take to sell a home in Flower Streets / Corona del Mar Village, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 50 Days | +101.7% |
Summary: Homes in Flower Streets / Corona del Mar Village had an average of 50 days on market in Oct 2024, up by 101.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Flower Streets / Corona del Mar Village are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Flower Streets / Corona del Mar Village; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.