Happy Hump Day! This week, we’ve changed the format of the market update a bit, creating more detail and explanation to the market indicators. In a nutshell, the median list price for this week in Coronado (92118 zip code) is $1,450,000. The average days on market is 184 days, which is up from previous months. Due to the higher price point, the DOM is significantly higher in Coronado than other areas of San Diego, where most properties sell in about 3 months. The inventory is tightening in Coronado, however.
For more information, graphs and descriptions, please click this link: Coronado Market Update