Why Live in Corona Del Mar
Corona del Mar, a neighborhood in Newport Beach, California, features a mix of Spanish-influence, coastal-urban, and modern homes along narrow, flower-named streets in The Village and yacht-themed streets in Irvine Terrace. The area is known for its high property values and resilience to market fluctuations. Outdoor attractions are abundant, with residents enjoying Corona Del Mar State Beach Park, Little Corona cove, and the trails at Crystal Cove State Park and Buck Gully Reserve. Irvine Terrace Park offers a nautical-themed playground and sports facilities. Dining options in The Village include Bandera, Rose Bakery, Five Crowns, and CdM Restaurant, while the New Port Theater provides a unique movie-going experience. Fashion Island mall and Bristol Farms cater to shopping needs, and a Saturday farmers market offers organic and local goods. Annual events like the Orange County Half Marathon and the Newport Beach Christmas Boat Parade are highlights. Commuting can be challenging due to limited freeway access, and some airplane noise is present from John Wayne Airport, 7 miles north. Public schools in the Newport-Mesa Unified School District, including Harbor View Elementary and Corona del Mar Middle and High School, are highly rated, as are nearby private schools St. Margaret's Episcopal and Sage Hill School.
Home Trends in Corona Del Mar, CA
On average, homes in Corona Del Mar, Newport Beach sell after 63 days on the market compared to the national average of 52 days. The median sale price for homes in Corona Del Mar, Newport Beach over the last 12 months is $3,895,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$3,895,000
Median Single Family Sale Price
$5,349,000
Median Townhouse Sale Price
$3,575,000
Median 2 Bedroom Sale Price
$2,500,000
Median 1 Bedroom Sale Price
$1,975,000
Average Price Per Sq Ft
$2,142
Number of Homes for Sale
90
Last 12 months Home Sales
217
Median List Price
$4,495,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
2%