Cameo Shores in Corona del Mar Market Update July 1 to September 1, 2011
Cameo Shores in Corona del Mar is a highly sought after community of homes located in Corona del Mar. Cameo Shores is located on the ocean side of Coast Highway in Corona del Mar, and there are approximately 170 home sites. The neighborhood was designed to be terraced so that all the homes maintain their spectacular ocean views and Catalina Island views (with the exception of the uppermost street). And also for the home owners in Cameo Highlands to have ocean views as well.
These Corona del Mar homes for sale were originally built in the 1960’s, however many have been completely remodeled, and rebuilt.
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Cameo Shores in Corona del Mar has beautiful private beaches and they are for the exclusive use of the residents. There are gorgeous rock formations, and it is a place to truly enjoy the ocean. There are also tide pools to explore on these private Corona del Mar beaches.
Currently, there are six active listings on the market in Cameo Shores in Corona del Mar. There have been no sales for the past two months. The last reported sale in Cameo Shores in Corona del Mar was in June, 2011 for $8,795,000. All of the active listings in Corona del Mar are standard sales.
Because there are six active listings, and there have only been six sales in the past year creates an fairly high absorption rate.
Cameo Shores is definitely the luxury market in Corona del Mar. The average list price per square foot is $2166.62 and the price per square foot, in my opinion is that high because a few of the properties are ocean front. The sales price per square foot over the past one year has been $1083.06 which is roughly half.
Search the MLS for homes for sale in Corona del Mar, Cameo Shores Real Estate and Corona del Mar real estate.
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