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Tuesday, November 5, 2024

Corona home prices fall in August 2019

Re 6

The median sale price of a home sold in August 2019 in Corona fell by $2,500 while total sales decreased by 46.7%, according to BlockShopper.com.

In August 2019, there were 136 homes sold, with a median sale price of $520,000 - a 0.5% decrease over the $522,500 median sale price for the same period of the previous year. There were 255 homes sold in Corona in August 2018.

The median sales tax in Corona for the most recent year with available data, 2016, was $5,033, approximately 1% of the median home sale price for August 2019.

The following table compares Corona to other Riverside County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Yucaipa 10-$690,000$0-
Norco1124-54.2%$675,000$575,00017.4%
Rancho Mirage3264-50%$564,000$481,00017.3%
Indian Wells1321-38.1%$555,000$735,000-24.5%
Corona136255-46.7%$520,000$522,500-0.5%
Mountain Center 25-60%$505,000$211,000139.3%
Mira Loma 1117-35.3%$500,000$475,0005.3%
Temecula118189-37.6%$489,500$472,5003.6%
Nuevo 46-33.3%$460,000$427,5007.6%
Winchester 3164-51.6%$430,000$445,500-3.5%
Murrieta111189-41.3%$430,000$420,0002.4%

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