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Thursday, November 7, 2024

Corona home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Corona rose by $36,500 while total sales decreased by 19.4%, according to BlockShopper.com.

In January 2019, there were 154 homes sold, with a median sale price of $530,000 - a 7.4% increase over the $493,500 median sale price for the same period of the previous year. There were 191 homes sold in Corona in January 2018.

The median sales tax in Corona for the most recent year with available data, 2016, was $5,033, approximately 0.9% of the median home sale price for January 2019.

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

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Mountain Center 42100%$706,500$570,00023.9%
Indian Wells1824-25%$687,500$735,000-6.5%
Rancho Mirage5062-19.4%$599,500$500,50019.8%
Colton 110%$570,000$442,00029%
Corona154191-19.4%$530,000$493,5007.4%
Norco1123-52.2%$485,000$487,500-0.5%
Mira Loma 517-70.6%$470,000$485,500-3.2%
Temecula103125-17.6%$450,000$448,0000.4%
Palm Springs1151086.5%$435,000$410,0006.1%
La Quinta94119-21%$421,500$385,0009.5%
Winchester 1927-29.6%$420,000$420,0000%

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