Corona del Mar CA Real Estate Sees Stable Home Value Increases Over 13 years

Corona del Mar CA Real Estate Sees Stable Property Value Increases Over 13 years

Corona del Mar main beach

Corona del Mar (Spanish for “Crown of the Sea”) is a affluent town in Newport Beach CA and is located on the seaward face of the San Joaquin Hills.

Corona del Mar CA (or CDM) real estate shows healthy selling prices this year and property value increases over the past 13 years.

Corona del Mar real estate

184 Corona del Mar homes have sold this year so far from January 1 to August 31, 2013 – with average sold price of $2,064,551 – and average interior size of 2,512 SF.

199 Corona del Mar homes sold during that same time 13 years ago – from January 1 to August 31, 2000 – with average sold price of $963,498 – and average interior size of 2,416 SF.

So Corona del Mar average home selling prices have gone up $1,101,053 during that time – which is an increase of 114 percent over the 13 years – or an average home selling price increase of 8.7 percent during that time.

Corona del Mar home prices were already high during 2000 in relation to other communities at South Orange County.  Real estate values remained stable at CDM through most of the real estate bus from 2007 to 2011 – and remain less volatile than in almost all other areas and cities in Orange County.

Corona del Mar has been very good for home buyers and owners who expect to protect and grow their property values.

Crown of the Sea

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Source of some information is CRMLS and is for homes listed and sold by all brokers and agents.

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By Harrison K. Long – Professional real estate representative and Realtor, Coldwell Banker Previews, Orange County, CA – CA BRE 01410855 – www.LiveCoronadelMar.com

About Harrison K. Long

Honored as "REALTOR® of the Year 2016" by the Orange County CA Associations of REALTORs®. Professional Realtor representative, GRI, real estate broker associate, HomeSmart Evergreen, at Orange County, California - CALBRE 01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - with best decisions about homes and real estate. Orange County Association of REALTORs member, California Association of Realtors (member and now serving on its board of directors). National Association of Realtors, member - also an attorney member of the California State Bar Association #69137. Contact by cell or text at 949-701-2515.
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