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Sunday, November 24, 2024

How did home prices perform in Corona during August 2021?

Realestate5

The median sale price of a home sold in August 2021 in Corona rose by $157,000 while total sales decreased by 65.5%, according to BlockShopper.com.

In August 2021, there were 98 homes sold, with a median sale price of $713,500 - a 28.2% increase over the $556,500 median sale price for the same period of the previous year. There were 284 homes sold in Corona in August 2020.

The median sales tax in Corona for the most recent year with available data, 2019, was $5,056, approximately 0.7% of the median home sale price for August 2021.

The following table compares Corona to other Riverside County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Norco837-78.4%$830,000$645,00028.7%
Rancho Mirage27104-74%$770,000$567,50035.7%
Palm Springs56198-71.7%$757,500$550,00037.7%
Indian Wells941-78%$720,000$680,0005.9%
Canyon Lake1549-69.4%$720,000$535,00034.6%
Corona98284-65.5%$713,500$556,50028.2%
Temecula71196-63.8%$685,000$535,00028%
Winchester 2142-50%$610,000$472,25029.2%
Romoland 21100%$597,500$408,00046.4%
Murrieta92251-63.3%$595,000$480,00024%
Nuevo 110-90%$580,000$377,50053.6%

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