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2012 1st Quarter Market Update for Coronado, CA

Posted by: raindrop 8 years, 4 months ago


The Coronado Housing Market has picked up substantially in the 1st Quarter (Q1) 2012, which is evidenced by the 25% increase in home sales in Coronado compared to the Q1 2011. 

Q1 2012 saw 54 homes sold with an average sales price of $1,174,000 at 121 Days on the Market.  The average home sold in Q1 2012 was a 3 bedroom, 2 bathroom, 1900 square foot home.

By comparison, in Q1 2011, 46 homes sold with an average sales price of $1,446,000.  The average home featured 3 bedrooms, 3 bathrooms, and 2000 square feet.

Therefore, while we have seen a 19% decrease in the average sales price of homes in Coronado, we have seen a 25% increase in sales volume.  The increase in sales volume is decreasing the current market



Our initial experience with you, especially with your demonstrable expertise, knowledge, and willingness to both educate and work with us regarding the market and related considerations particular to Coronado, resulted in a gratifyingly helpful and positive experience for us.

—Robert R. READ MORE