Median List Price
The median list price in CORONA DEL MAR this week is $2,849,000. The Market Action Index has been trending down lately, while days-on-market is climbing, providing mostly bearish signs for he market.
Supply and Demand
The Market Action Index has been trending lower for several weeks, while prices have remained relatively stable. If inventory continues to grow relative to demand, however, it is likely that we will see downward pressure on pricing.
We continue toe see prices bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from this level.