Is Coronado, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coronado is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Coronado was a Seller's Market.

Key Takeaway

Coronado is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Coronado, CA

How much do homes in Coronado, CA cost?

Median Sold Price

$2,461,166

$1,464/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$163,666(+7.1%)

Key Takeaway

Homes in Coronado have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Coronado was $2,461,166 in November 2024, up 7.1% from last year, and the median price per square foot was $1,464.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $1.2M$1.4M
+18.2%
2 $1.9M$1.9M
+3.3%
3 $2.6M$2.8M
+6.5%
4 $3.2M$3.3M
+4.2%
5+ $4.4M$5.0M
+12.4%

Summary: Coronado housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 12.4%.

Median Sold Price Compared To Nearby Cities

San Diego
+7.7%
Coronado
+7.1%
Imperial Beach
+7.0%

Housing Supply in Coronado, CA

How many homes are available in Coronado, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
114120+5.3%

Summary: The Coronado real estate market had 120 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 2927
-6.9%
3 4047
+17.5%
4 2325
+8.7%
5+ 1515
0.0%

Summary: The Coronado housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1720+17.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coronado, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Coronado in November 2024, up by 17.6% month-over-month. Of the 20 sold homes, 70% were sold under asking, 25% were sold at asking, and 5% were sold over asking.

Days on Market for Coronado, CA

How long does it take to sell a home in Coronado, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days46 Days+3.5%

Summary: Homes in Coronado had an average of 46 days on market in Nov 2024, up by 3.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Coronado are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 20 homes were sold in Coronado; 45% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Coronado, CA

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