Property prices for sale in Corona Del Mar (California)
The prices in real estate in Corona Del Mar, in the California region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Corona Del Mar has increased strongly during the last 6 months. In December, the average price per sq.feet was $1,655. In the following month the price per sq.feet increased to $1,857. In the following two months the price per sq.feet has increased 112 %, going from $1,756 to $1,973.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,864.75 to $1,929 during April y May
Based upon to the price in Corona Del Mar (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $3,650,315. During January the price went through a considerable rise reaching $4,575,625. During the following two months (February, March) the average price had a considerable increase of 133 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $4,816,937 they are 63 % more affordable than the average price for Corona Del Mar. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at $3,317,812.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1,248 / sq.feet, with an average $1,785 / sq.feet price in Corona Del Mar. The properties with the highest average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,410 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $4,816,937 it is 66 % cheaper than the average price in Corona Del Mar. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $2,377,789 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $1,055 / sq.feet followed by "Duplex" priced at $1,122 / sq.feet. "House" is the cheapest type of property with a $1,664 / sq.feet value followed by "Townhouse" with an average price of $1,376 / sq.feet.
