Justin Tye

Coronado, CA

Single-Family Homes

Active Realty I REAL



Coronado, CA

Thu Jun 20 2024
This week the median list price for Coronado, CA is $3,870,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 48. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Coronado, CA

Thu Jun 20 2024
This week the median list price for Coronado, CA is $3,870,000 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 48. 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

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Coronado market.
Median List Price $3,870,000
Median Price of New Listings $3,095,000
Per Square Foot $1,354
Average Days on Market 91
Median Days on Market 56
Price Decreased 40%
Price Increased 0%
Relisted 10%
Inventory 48
Median Rent
Market Action 37
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

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
$6,525,000 4,282 6,500 - 8,000 sqft 5 4.5 22 0 0 133
$4,462,500 3,447 4,500 - 6,500 sqft 4 3.5 41 2 1 63
$3,547,950 2,381 4,500 - 6,500 sqft 4 3.5 38 2 2 52
$2,574,000 2,091 0 - 4,500 sqft 3 3 41 3 0 45