CORONADO CONDO MARKET UPDATE

Coronado, CA 92118

Fri Sep 10 2021
This week the median list price for Coronado, CA 92118 is $1,850,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 23. Click here to stay informed with the Coronado market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Buyer'sMarketSeller'sMarket0102030405060708090100TodayTodayLast MonthLast Month4040

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Coronado market.
Median List Price
$1,850,000
Median Price of New Listings
$1,670,000
Per Square Foot
$1,265
Average Days on Market
82
Median Days on Market
35
Price Decreased
26%
Price Increased
4%
Relisted
17%
Inventory
23
Median Rent
$5,200
Market Action
40
Slight Seller's Advantage
7-Day Average90-Day AverageSep 2018Jan 2019May 2019Sep 2019Jan 2020May 2020Sep 2020Jan 2021May 2021Sep 2021$1.2M$1.3M$1.4M$1.5M$1.6M$1.7M$1.8M$1.9M$2.0MJul 16 20217-Day Average: $1.7M

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

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