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Corona Real Estate
Dated: January 11 2018
Corona CA - A Year At A Glance 
For those who have been focused on Real Estate in the Corona area, you may find that looking back at the year's activity may help you determine if now is the time to sell or where to start looking in Corona for your dream home. Corona has been referred to as the Gateway to the Inland Empire and comprised of 5 major zip codes. With so many different parts of Corona to choose from and each with their own treasures to offer, we can take a look at the areas where most of the homes were sold.
Last year, 2,291 homes successfully closed escrow in Corona. Most of the home sold were located in the 92882 zip code. The average price of all the properties that sold last year in this zip code lingers just below $500,000 ($495,679 to be exact). Many of the homes sold were in the $400,000 to $500,000 price range. Based on the compilation of all homes sold, the average home (at this price point and in this area) offers 4 bedrooms, 3 bathrooms, is built in the early 1980’s and measures nearly 2,100 square feet in living space.
Neighborhoods included in the 92882 zip code include:
Downtown Corona, Brentridge, Sierra Del Oro, and is also referred to as South Corona
In runner up position for most homes sold is the 92883 zip code. It is a little south further out and bordered by Lake Elsinore. Over the past few years, builders have built steadily in this area and includes neighborhoods and communities like Sycamore Creek, Trilogy, Dos Lagos, Wildrose, Horsethief Canyon and is referred to as Temescal Valley.
Located in Corona CA 92883
According our data from our local Multiple Listing Service, 640 homes sold in the 92883 zip code last year reflecting an average price of $507,519. Once again, many of the homes were sold in the $400k-$500k price range except here the homes are a little newer, a little bigger, and the average sold price is higher at $507, 519.If you are considering selling a home in Corona and want to know how last year’s sales will affect your home value, use our home valuation tool to see what your home may sell for in today’s market. It’s easy and just a click away.
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If your neighborhood is not featured here or you would like more information on homes available for sale in Corona, call Michael today 951-256-0823.
“Based on information from California Regional Multiple Listing Service, Inc. as of[January 10, 2017] and /or other sources. All data, including allmeasurements and calculations of area, is obtained from various sources and has notbeen, and will not be, verified by broker or MLS. All information should beindependently reviewed and verified for accuracy. Properties may or may not be listedby the office/agent presenting the information.”
Mike has been a professional Realtor since 2004. With a background in economics, his strengths are studying markets and the local, national and international factors that can change the those markets....