The Clements Group Market Report
Coronado, CA 92118
Single-Family Homes
Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com
Coronado, CA 92118
Mon Mar 08 2021
This week the median list price for Coronado, CA 92118 is $2,897,499 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 32.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.
Real-Time Market Profile
| Median List Price | $2,897,499 | |
| Per Square Foot | $966 | |
| Days on Market | 42 | |
| Price Decreased | 13% | |
| Price Increased | 6% | |
| Relisted | 19% | |
| Inventory | 32 | |
| Median Rent | $6,400 | |
| Most Expensive | $18,900,000 | |
| Least Expensive | $1,075,000 | |
| Market Action | 37 | |
| Slight Seller's Advantage | ||
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 |
|---|---|---|---|---|---|---|---|---|
| $6,345,000 | 6,452 | 6,500 - 8,000 sqft | 5 | 5 | 21 | 0 | 1 | 129 |
| $3,445,000 | 3,737 | 6,500 - 8,000 sqft | 4 | 3 | 32 | 0 | 0 | 87 |
| $2,445,000 | 2,427 | 0 - 4,500 sqft | 4 | 3 | 39 | 1 | 0 | 73 |
| $1,760,000 | 1,770 | 0 - 4,500 sqft | 3 | 2 | 68 | 1 | 1 | 17 |