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Corona Real Estate Market Update February 2018
Dated: March 9 2018
Corona Real Estate Market Update
See what the average price home sold for in Corona during February & View All Current Corona Listings
This Corona Real Estate Market Update is designed to show you the average home sales price in Corona, a breif overview of recent year over year activity, and the ability to search current properties for sale. According to the number of closed sales in Corona, 137 homes successfully closed escrow in February 2018. The average price home in Corona that sold in February was $510,095. The average home sold in Corona reflective of this price is a 4-bedroom, 3 bath home that measures almost 2,052 square feet.
Last year, 130 sold during the same time frame. The average 4 bedroom, 3 bath home that sold in 2017 measured slightly larger at 2,269 sq. ft. and showed an average purchase price of $473,015. Going back one more year, it is evident that property values have been trending up in recent years. In Feb. 2016, 126 homes sold with and average price of $443,786 for a 4 bedroom, 3 bath home just shy of 2,250 sq. ft.
In light of the upward trend in home values over the years, this current market may present a great opportunity for you to sell. If you have purchased a home in Corona and you find it is time to downsize, upsize, or move out of state your home may have the equity to get you to your next step. Use our home valuation tool to see what your home may be worth in today's Real Estate Market.
💵What Is My Corona Home Worth?
Out of the 5 major zip codes that make up Corona, the most homes that sold were in the 92882 zip code. It stands to reason as this is a well populated area in Corona measuring just shy of 26 square miles. Out of the 143 houses (SFR) that sold, 39 of these properties were in this zip code. Houses in this area range in price from the high $200,000’s to the low $900,000’s. According to sales data from our local Multiple Listing Service, the average price for a 4-bedroom home measuring a little over 1,800 square feet shows $475,223 which is slightly lower than the average listed price of $481,203.
Corona Houses For Sale [92882 Zip Code]
Corona 92883 Closed Sales For February 2018
This Corona market was second in number of sales for February. With 38 homes sold, this zip code spans roughly 55 square miles and is also known as Temescal Valley. Most of the homes sold were in the $400k-$500k range with homes ranging in sales price from the high $300,000’s to upwards of $1,000,000. Homes located in this zip code tend to be a little newer and often a little bigger since many new communitites have been developed in recent years. Dos Lagos is an asset to the communities in this South Corona area as it provides many choices in shopping, dining, and entertainment experiences.
Our Featured House For Sale in Corona CA 92883
4157 Riviera Drive, Corona CA 92883
PRICE $ 669,999
Full Bathrooms 3
Sqr Footage 2,611
Lot Size 8,276 SqFt
🗺️Map Of Corona CA 92883
The remaining 60 home sales are as follows:
21 Homes sold in Corona CA 92881 Zip Code
23 Homes sold in Corona CA 92879 Zip Code
16 Homes sold in Corona CA 92880 Zip Code*
*this does not include homes sold in the city of Eastvale
“Based on information from California Regional Multiple Listing Service, Inc. as of [March 9, 2018] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and have not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by 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....