92879 Corona
PLAIN ENGLISH
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92879 Corona
PLAIN ENGLISH
MARKET FORECAST |
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| This analysis for Corona is based on the statistical ‘median’ listing price (which is different from the average price). The median value is used to peer into the ‘trend’ of prices. The actual ‘average’ listing prices will be higher.
If you want a great deal on a home, the median listing price for Corona is $420,000, and although some listing prices may be higher, this core internal trend has drifted down since last month. What this means to you is that it’s a buyers market. Although listing prices may go up, the underlying median core values means less buyers gives you more choices in the Corona areas. But you still have competition, and the “best deals” will go first. What this means to you is that you don’t have as much time as you think you do to find your perfect home. So start looking now so you can get the nicest homes in the best Corona neighborhoods at the best price.
Already this month, 15.47% of the current homes for sale reduced their prices. Which means many homes in Corona are overpriced, and there is room for negotiation and are eager to sell. What this means to you is that you can shop for homes in the Corona area that are a little more higher priced, knowing that you can negotiate the price down.
I suggest that you start looking now so you can get the nicest home in the best Corona neighborhoods at the best price.
If you are selling, list at or below market if you want to sell quickly. The longer you are on the market, the more your buyer will want to negotiate you down. Since the interest rates are rising, buyers also have less buying power. |
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