$10,000 Closing Credit*
$925,000
2,500 SqFt
3 Beds
•3 Full Baths
Linda Holmes, Listing Office: Century 21 Masters
Is South Corona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$900,000
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$75,000(+9.1%)
Key Takeaway
Homes in South Corona have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in South Corona was $900,000 in November 2024, up 9.1% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $350K | -2.8% |
| 2 Bedrooms | $743.4K | $410K | -44.9% |
| 3 Bedrooms | $713.4K | $763K | +6.9% |
| 4 Bedrooms | $825K | $925K | +12.1% |
| 5+ Bedrooms | $975K | $1.0M | +10.3% |
Summary: South Corona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes decreased by 44.9%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Eagle Glen | $865K | $978K | +13.1% |
| El Cerrito | $700K | $765K | +9.3% |
| South Corona | $825K | $900K | +9.1% |
| Central City | $630K | $683.8K | +8.5% |
Housing Supply in South Corona, CA
How many homes are available in South Corona, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 107 | 83 | -22.4% |
Summary: The South Corona real estate market had 83 homes for sale in November 2024, a 22.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 25 | 19 | -24.0% |
| 4 Bedrooms | 36 | 29 | -19.4% |
| 5+ Bedrooms | 41 | 30 | -26.8% |
Summary: The South Corona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 26.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 21 | -32.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 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. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in South Corona in November 2024, down by 32.3% month-over-month. Of the 21 sold homes, 62% were sold under asking, 10% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 39 Days | +60.5% |
Summary: Homes in South Corona had an average of 39 days on market in Nov 2024, up by 60.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Corona are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in South Corona; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.