The first quarter of 2021: Home prices in Corona increased

The first quarter of 2021: Home prices in Corona increased
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The median sale price of a home sold in the first quarter of 2021 in Corona rose by $58,818 while total sales decreased by 32.2%, according to BlockShopper.com.

From January through March of 2021, there were 332 homes sold, with a median sale price of $594,000 – a 11% increase over the $535,182 median sale price for the same period of the previous year. There were 490 homes sold in Corona in the first quarter of 2020.

The median sales tax in Corona for the most recent year with available data, 2019, was $5,056, approximately 0.9% of the median home sale price for the first quarter of 2021.

The following table compares Corona to other Riverside County cities with similar median sale prices in the first quarter of 2021:

City Jan. – Mar. 2021 Home Sales Jan. – Mar. 2020 Home Sales % change (Total Home Sales) Jan. – Mar. 2021 Median Sales Price Jan. – Mar. 2020 Median Sales Price % change (Median Sales Price)
Indian Wells 57 77 -26% $850,000 $699,000 21.6%
Yucaipa 1 1 0% $800,000 $680,000 17.6%
Norco 30 56 -46.4% $700,000 $630,341 11.1%
Mira Loma 16 36 -55.6% $625,000 $421,250 48.4%
Corona 332 490 -32.2% $594,000 $535,182 11%
Canyon Lake 33 53 -37.7% $585,000 $491,000 19.1%
Palm Springs 226 373 -39.4% $584,500 $438,000 33.4%
La Quinta 296 391 -24.3% $576,000 $449,000 28.3%
Rancho Mirage 151 205 -26.3% $560,000 $544,000 2.9%
Temecula 223 412 -45.9% $560,000 $475,000 17.9%
Mountain Center 7 8 -12.5% $530,000 $242,500 118.6%


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