Market Update

Flower Streets Real Estate Market Update: October 2026

This is the October 2026 market update for Flower Streets, Corona del Mar: what sold, for how much and how quickly, how the month compares with a year earlier, and what it takes in income to buy here at today’s rates. The figures are closed sales recorded in CRMLS.

Flower Streets Home Sales in October 2026

9

Homes Sold

5 in Oct 2025

$3.55M

Median Price

▼ 13.3% vs Oct 2025

$1,823

Median $/Sq Ft

▼ 17.7% vs Oct 2025

14

Median Days on Market

36 in Oct 2025

95.7%

Sale-to-List

100.0% in Oct 2025

$30.4M

Sales Volume

▲ 37.5% vs Oct 2025

In October 2026, 9 homes sold in Flower Streets at a median price of $3,550,000, down 13.3% from October 2025. That was more sales than the 5 of October 2025.

In October, the typical home sold in 14 days at 95.7% of its final asking price, compared with 36 days a year earlier. Buyers had real room to negotiate below asking. Many sellers cut their price before selling: measured against the original asking price, the typical home sold at 93.6%.

Sales totaled $30.4M in October, against $22.1M in October 2025. Over the last three months the median was $3,900,000 across 27 sales, a steadier figure than any single month.

By home type, single-family homes sold at a median of $3,475,000 (4 sales) and condos and townhomes at $3,900,000 (5 sales).

For context, the median across all of Corona del Mar was $4,400,000 in October, so Flower Streets ran 19% below the city as a whole.

What It Means

For buyers. You have leverage. Homes are taking longer to sell and closing below asking, so there is room to negotiate on price, credits and terms, especially on homes that have sat.

For sellers. Price from the recent sales, not the hoped-for number. Homes that start too high tend to sit and sell for less after price cuts.

The Year in Flower Streets

Month by month over the past year, from CRMLS closed sales. A dash means fewer than three sales behind the figure.

Median sold price by month
$2M$3M$4M$5MOct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$3.55M
Median price per sq ft by month
$1,500$1,750$2,000$2,250$2,500Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$1,823
Homes sold by month
051015Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26
Sale-to-list price by month
94.0%96.0%98.0%100.0%102.0%Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '2695.7%
Flower Streets home sales by month
MonthSoldMedian Price$/Sq FtDays
October 20269$3.55M$1,82314
September 202611$4.7M$2,00038
August 20267$4.25M$2,4910
July 202612$3.57M$2,31267
June 202613$3.14M$2,19552
May 202616$4.15M$2,19948
April 202611$2.81M$1,92639
March 202616$3.43M$2,16535
February 20268$3.82M$2,24514
January 20266$4.88M$2,08087
December 20258$3.3M$1,90341
November 20259$4.4M$2,07755
October 20255$4.09M$2,21636

How Much Income Do You Need to Buy a Home in Flower Streets?

At Flower Streets’s October 2026 median of $3,550,000, a buyer putting 20% down would need a household income of about $83,915 a month, or $1,006,981 a year, to keep housing costs near 28% of gross income, the traditional lending guideline.

Buying at the median: a monthly estimate
Purchase price$3,550,000
Down payment (20%)$710,000
Loan amount$2,840,000
Principal and interest (7.24%, 30-year fixed)$19,355
Property tax (about 1.1% a year)$3,254
Homeowners insurance (estimate)$888
Monthly housing cost$23,496
Income needed, monthly$83,915
Income needed, yearly$1,006,981

An illustration only, not an offer of credit or a loan estimate. It assumes the 7.24% average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey for October 29, 2026; jumbo loans, points, credit and down payment change the actual rate and APR. Property tax and insurance are estimates, and HOA dues and Mello-Roos taxes are not included. Many lenders allow a higher share of income for housing, and a larger down payment lowers the income needed.

Closed sales of single-family homes, condos and townhomes recorded in CRMLS, as of 2026-11-14. Sale-to-list compares each sale price with the final asking price. Figures are deemed reliable but not guaranteed.

See the Flower Streets guide for homes for sale and the market right now.

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Kyle Shutts, Real Estate Professional

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