$8,194 Closing Credit*
$690,000
1,629 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tova Oren, Listing Office: ERA North Orange County
Is South Corona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Corona has remained a Seller's Market.
Key Takeaway
South Corona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Corona, CA
How much do homes in South Corona, CA cost?
Median Sold Price
$886,166
$383/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$61,166(+7.4%)
Key Takeaway
Homes in South Corona have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in South Corona was $886,166 in October 2024, up 7.4% from last year, and the median price per square foot was $383.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $337.5K | -6.3% |
| 2 Bedrooms | $743.4K | $420K | -43.5% |
| 3 Bedrooms | $715K | $761.5K | +6.5% |
| 4 Bedrooms | $825K | $920K | +11.5% |
| 5+ Bedrooms | $950K | $1.0M | +11.8% |
Summary: South Corona housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes decreased by 43.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Eagle Glen | $865K | $982.5K | +13.6% |
| El Cerrito | $699.5K | $779K | +11.4% |
| Central City | $630K | $681.3K | +8.1% |
| South Corona | $825K | $886.1K | +7.4% |
Housing Supply in South Corona, CA
How many homes are available in South Corona, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 | 110 | +15.8% |
Summary: The South Corona real estate market had 110 homes for sale in October 2024, a 15.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 19 | 24 | +26.3% |
| 4 Bedrooms | 31 | 35 | +12.9% |
| 5+ Bedrooms | 41 | 47 | +14.6% |
Summary: The South Corona housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 14.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 31 | +121.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Corona, you may be able to get a good deal. 35.5% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in South Corona in October 2024, up by 121.4% month-over-month. Of the 31 sold homes, 35% were sold under asking, 32% were sold at asking, and 32% were sold over asking.
Days on Market for South Corona, CA
How long does it take to sell a home in South Corona, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +24.5% |
Summary: Homes in South Corona had an average of 25 days on market in Oct 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South Corona are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in South Corona; 71% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 3% 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.