Corona del Mar (June 7, 2013)

0
1340

This Week

The median list price in Corona del Mar this week is $3,225,000.

Inventory is tightening, and days on market are falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

Supply and Demand

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes, as it can be a leading indicator for price changes.

Price

In Corona del Mar, this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

CORONA DEL MAR_92625-28