| We analyze several housing market indicators in | | | | The city of Corona experienced a 4.53% increase |
| order to present an in-depth breakdown of | | | | in median sales price from last year going up from |
| Corona Real Estate Market comparing February | | | | $316,555 (Feb. 09) to $330,880 (Feb. 2010). |
| 2009 to February 2010. | | | | Median days on market data for Corona show |
| Summary of Key Points | | | | that houses are selling slower than Feb 09. It took |
| Corona Real Estate has started showing signs of | | | | 42 days in Feb 09 for a house to sell and for Feb |
| improvement with median sales price climbing up | | | | 10 that number has gone up to 58 days (a 8.83% |
| and sellers receiving asking price for their listings. | | | | deterioration). Another important factor to |
| Key Statistics, Corona, CA: Median Sales Price | | | | consider is total number of units sold. In the |
| (4.53%), Median Days on Market (38.83%), and | | | | month of Feb 09, 301 units were sold compared |
| Number of Units Sold (-26.58%), Sales Price to | | | | to 221 for Feb 10 (-26.58% change). Lastly we |
| List Price Ratio (Feb 09 100% - Feb 10 | | | | are going to take a look at the Sales Price to List |
| 100%).However sellers received full asking price | | | | Price Ratio for Corona. SP/LP ratio for Feb 09 |
| for their listings. | | | | was 100% compared to 100% for Feb 10. |
| Corona Real Estate | | | | |