Corona del Mar Real Estate - March 2011 - Seller Price Nostalgia

 

Corona del Mar - Spanish for "Crown of the Sea"

Average list price of home for sale at Corona del Mar is $1,625,687 higher than recent average sold prices.

Classic Pacific ocean-oriented community @ South Orange County, California 

 See Corona del Mar single family homes now listed for sale - click here for active link.

131 Corona del Mar homes were for sale as of February 28, 2011, with average asking price of $2,880,230, and average time on market of 142 days.

15 CDM homes were sold during February 2011, with average sold price of $1,254,533, and average time on market of 102 days.

• Average list price of CDM home for sale is now $1,625,687 higher than recent average sold price. 
• Just two CDM home sales during February 2011 were for more than $2 million
• $2,545,000 was the top CDM sold price during February 2011
• 38 Corona del Mar homes are listed for more than $2,545,000 and none in this price category sold during February 2011.

Some owner/proposed home sellers at Corona del Mar are nostalgic about selling prices from the good old days.  If owners want to sell their homes in this market, they need to get realistic about pricing.

 See Corona del Mar condo homes now listed for sale at this active link.

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This information is from the Southern California Multiple Listing Service and does not include that for new homes, FSBOs, and homes sold at trustee sale auctions after foreclosure. 

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs®.

            

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