By Michele Engleman, San Diego Real Estate
Michele Engleman, Seniors Real Estate Specialist
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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.
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.
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.
Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$3,150,000
1,750
2.5 - 5 acres
3
2
43
0
0
21
$2,424,000
2,027
2.5 - 5 acres
2
3
19
1
1
31
$1,588,500
1,426
2.5 - 5 acres
2
1
34
0
1
168
$1,347,500
1,355
2.5 - 5 acres
2
1
41
1
2
28
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