The Clements Group Market Report

Coronado, CA 92118

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



Coronado, CA 92118

Wed Jun 16 2021
This week the median list price for Coronado, CA 92118 is $3,300,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 36. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Coronado, CA 92118

Wed Jun 16 2021
This week the median list price for Coronado, CA 92118 is $3,300,000 with the market action index hovering around 39. This is an increase over last month's market action index of 37. Inventory has increased to 36. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Coronado market.
Median List Price $3,300,000
Median Price of New Listings $2,342,500
Per Square Foot $1,219
Average Days on Market 81
Median Days on Market 46
Price Decreased 22%
Price Increased 11%
Relisted 14%
Inventory 36
Median Rent $6,500
Market Action 39
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$7,999,000 6,476 0.25 - 0.5 acre 6 6 24 0 0 77
$4,225,000 4,337 6,500 - 8,000 sqft 5 4 32 1 2 35
$2,595,000 2,434 4,500 - 6,500 sqft 4 3 13 1 1 28
$1,800,000 1,050 0 - 4,500 sqft 3 1 66 2 4 21