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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coronado is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Coronado has remained a Seller's Market.

Key Takeaway

Coronado is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Coronado, CA cost?

Median Sold Price

$2,050,000

$1,066/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$244,375(+13.5%)

Key Takeaway

Homes in Coronado have sold for 13.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $982K$1.1M
+18.1%
2 $1.3M$1.4M
+9.8%
3 $1.9M$2.1M
+7.7%
4 $2.0M$2.7M
+39.1%
5+ $3.0M$3.6M
+20.4%

Median Sold Price Compared To Nearby Cities

National City
+16.7%
Coronado
+13.5%
San Diego
+13.3%
Imperial Beach
+9.6%

How many homes are available in Coronado, CA?

Number of Homes For Sale

Nov 2021Dec 2021%
6848-29.4%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 103
-70.0%
2 1612
-25.0%
3 1913
-31.6%
4 1411
-21.4%
5+ 99
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
2118-14.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were 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. 55.6% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
34 Days24 Days-29.5%

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

About Coronado, CA

Number of homes for sale in Coronado, CA real estate market have reached 48. The number of listings in Coronado, CA decreased by 29.4% between November 2021 and December 2021. While the average time on the market in December 2021 was 24 days, the median list price was $2,050,000. Between November 2021 and December 2021, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 18.1%, the cost of 2 bedrooms properties went up by 9.8%, the cost of 3 bedrooms properties went up by 7.7%, 4 bedrooms properties became 39.1% more expensive, prices of 5 bedrooms properties went up by 20.4%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 70%, 2 bedrooms homes became 25% less available, 3 bedrooms homes inventory decreased by 31.6%, number of 4 bedrooms homes decreased by 21.4%, 5 bedrooms homes inventory did not change. Over 6 listings were sold over their listed price in December 2021 in Coronado, CA. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price.

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