What's the Market Like in Corona-92880, CA? (August 2009 Housing Stats)

The months of supply of homes for sale is extremely low for single family homes in Corona (92880). From this time last year, the supply of homes for sale has decreased by 73%. We currently have a supply of 1.5 months of homes available for buyers.

The supply and demand for single family homes in Corona 92880 also shows us that the number of single family homes for sale is down 60%, the demand for single family homes is also down by 10% since this same time last year. Demand for homes continues however to outpace the supply.

Over the past year the median sales price has decreased by only 1%, which is only $5000. Since last year, the average days on the market has increased by 7%, which adds four more days to time on the market.

So what does all this mean for you? It means that if you are a seller in Corona (92880) your values have held well and you are quite likely to be able to sell quickly and receive multiple offers.

Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. She has been a local resident of Chino Hills and the Inland Empire for over 22 years and enjoys volunteering with the City of Chino Hills in her spare time. You may call her direct at (909) 261-6377 for further questions on this information or any other real estate advice. You may also visit the website at www.KASIHomes.com