Is now a good time to sell your home in Terramor? Here's the short answer: homes are taking longer to sell, more homes are competing for buyers, and 9 of the 11 homes that sold last quarter went for less than their asking price.
But that's not the whole story. One home still sold in just 22 days for $991,000.
Below, I break down the third quarter 2026 numbers for the 55-and-older sections of Terramor in Corona, CA, and what they mean whether you're thinking about selling or buying.
Terramor Q3 2026 at a Glance
| Q2 2026 | Q3 2026 | Change | |
|---|---|---|---|
| Average sales price | $730,000 | $718,000 | Down about $12,000 (1.6%) |
| Homes sold | 12 | 11 | Down 1 |
| Average days on market | 66 | 75 | 9 days longer |
| Homes for sale (end of quarter) | 17 | 21 | Up 4 |
Average Sales Price: Starting to Soften
In the third quarter, the average sales price of a home in Terramor's 55+ sections was $718,000, down from $730,000 in the second quarter. That's a dip of about $12,000, or roughly 1.6%.
That's not a big drop. But after prices held steady through the first half of the year, it's a sign the market is starting to soften.
Homes Sold: Steady, but Buyers Are Waiting
Terramor had 11 homes sell in Q3, compared with 12 in Q2. Sales volume held roughly even, but with mortgage rates climbing higher than many people expected, a lot of buyers are choosing to wait on the sidelines.
Days on Market: A Slowdown in the Busy Season
The average home took 75 days to sell in Q3, up from 66 days in Q2. Nine extra days isn't dramatic on its own, but this slowdown happened during what's usually the busiest time of the year for real estate.
Inventory: More Choices for Buyers
At the end of Q3, there were 21 homes for sale in Terramor's 55+ sections, up from 17 at the end of Q2.
For buyers, that's good news. You have more choices now than at any point this year. For sellers, it means more competition.
Three Numbers That Tell the Real Story
1. 9 of 11 homes sold below their original asking price. There are noticeably fewer buyers out looking right now, and the ones who are looking are cautious and ready to negotiate. If you want to sell, expect to have some flexibility.
2. 5 homes were listed but never sold. Some listings expired and others were canceled by their owners. Either way, these homes didn't find a buyer, which is another sign the market is struggling.
3. 14 of the 21 homes for sale have already cut their price. That's about 2 out of every 3 active listings, and they're still on the market. I talk about this in almost every video: pricing your home correctly is the most common mistake I see sellers make. In a slower market, it matters more than ever.
Why Didn't the Summer Market Show Up This Year?
Summer is normally the busiest stretch of the year. That didn't happen in 2026. Here's what I'm seeing:
- Everyday costs are up. The prices of basic goods have climbed this year, and in California, gas prices are really hurting people. Regular unleaded recently pushed past $6 a gallon, and diesel is over $8.
- Mortgage rates went back up. Early this year, rates finally dropped below 6%, and that got a lot of buyers off the fence. As summer approached, rates crept back up, and in early October they were sitting around 7.5%.
Put those together, and affordability is what's holding the market back. Until that improves, I don't expect much change in our local market.
Highest-Priced Home Sold in Terramor This Quarter
The top sale of Q3 was 11748 Ambling Way:
- 3 bedrooms, 3.5 baths
- 2,486 square feet of living space
- 7,600 square foot lot
- Not on the view side of the street, but with a large, beautifully landscaped backyard that set it apart
- Listed at $997,500, sold for $991,000 in just 22 days
While the average home took 75 days to sell, this one sold in less than a third of that time, and for only $6,500 under its original asking price.
The lesson: even in a slow market, a home in good condition that's priced correctly will still sell.
So, Is It a Bad Time to Sell in Terramor?
Here's my take:
- Prices dipped slightly
- Homes are taking a little longer to sell
- Sales volume dipped slightly
- Inventory is up
- Most homes are selling below asking, and about two-thirds of active listings have cut their price
The Terramor market has definitely slowed down. But that doesn't mean you can't sell.
If you're selling: There are fewer buyers right now, but homes that are priced correctly from the start are still selling. Homes that start too high end up chasing the market with price reductions, and some never sell at all. With 21 homes to choose from, buyers can be picky, so your home needs to show its best and, most importantly, be priced right.
If you're buying: There are some very good opportunities right now, but it depends on your financial situation. Many downsizers buy with cash, and if that's you, today's mortgage rates don't affect you at all. If you'll be using a mortgage, take a serious look at the numbers and the different loan programs available to make sure the payment fits your budget.
Wondering What Your Terramor Home Is Worth?
I live here in Terramor, and I'd be happy to put together a free, no-obligation market analysis based on what homes are actually selling for right now, not just an online estimate.
Thinking about moving to Terramor? I'll show you around, walk you through the pros and cons of the community, and show you what's currently for sale.
Casey Bogle
Call or text: 909-762-0405
Email: [email protected]
Schedule a time to talk
Free Resources
- Free Home Seller Guide
- Terramor vs. Trilogy Monthly Cost Comparison Guide
- See homes for sale in Terramor
- See homes for sale in Trilogy at Glen Ivy
Know someone who lives in Terramor or has been thinking about moving here? Please share this post with them.
Casey Bogle | Bogle Realty Group | DRE #01518106
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