Real estate news recently released by DataQuick,  reflected a 25.4% decrease of the average single family home sales price in Orange County.

With the interest in Corona Del Mar real estate market trends, learning how Corona Del Mar realty compares for the period December 2007 to December 2008, is important for buyers and sellers of real estate.

Take a look at the charts below for Corona Del Mar real estate.  All of the charts reflect activity for single family homes in Corona Del Mar, CA.

The first chart shows a Median Sold Price increase of 14%. Considering the overall downward pressure on real estate pricing, seeing appreciation from Corona Del Mar homes sold is great!

The chart below, The Number of For Sale Properties By Month, shows the number of homes for sale has increased by 11%.

The chart below, The Number of New Properties Listed by Month, shows the supply of single family  homes for sale increased by 17%.  January is the most popular time of the year to put a home on the market.

The next chart, Supply & Demand by Month, indicates the number of for sale properties is up 11% and the number of sold properties is up 100%.

The chart below, Months Supply of Inventory, indicates the average months supply of inventory is down 17%. With 23 months of available inventory, it is still a strong buyers market.

And finally, The Number of Under Contract Properties by Month, shows the number of under contract properties is up by 33%.

Imagine, 14% appreciation in a buyers market! Corona Del Mar continues to be a bright spot.

I have more charts available. Would you like to see more? All of them?

Armed with the information contained in these charts, what is your opinion of the Corona Del Mar real estate market?

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