Corona del Mar Market Update| Corona del Mar Homes for Sale South of the Highway
Market Report for May, 2015
Corona del Mar is a beautiful area in coastal Orange County. Corona del Mar is a highly coveted area, and there are ocean view homes, condos, and there are single family homes for sale in Corona del Mar.
Residents of the Village enjoy the lifestyle. It is an easy walk to the beach, and enjoy one of the most popular beaches in Orange County. Also, residents walk to shopping and dining in the Village, and enjoy upscale shopping and dining.
The schools that the residents attend in Corona del Mar are as follows: the elementary school is Harbor View Elementary, and the middle and high school is Corona del Mar High School. Corona del Mar High School has a brand new theater for the student productions throughout the year.
The Village is Corona del Mar includes the flower streets which are alphabetical as you drive south on Coast Highway. The flower streets includes name such as Begonia, Dahlia, Marguerite and Goldenrod. There are both single family homes and condos for sale in Corona del Mar. Many of the condos many of which are duplexes which have been converted to condos.
The market on the the south side the highway in Corona del Mar is as follows:
Active: 37
Back Up: 9
Pending: 2
Sold: 10
Average sale price is 2,652,689, and price per square foot is 1,188.64.
Median sale price is 1,825,000 , and price per square foot is 1,102.24.
The highest sale in the past one year for Corona del Mar south of the Highway is $13,750,000 at 3320 Ocean Boulevard on 5/28/15.
The absorption rate in Corona del Mar south of the highway is as follows. The absorption rate is currently favoring a seller’s market to a stable market.
Search for all homes for sale south of the highway in Corona del Mar.
