Tuesday, December 31, 2013

Coronado, CA Housing Trends and Statistics as of 12/20/2013



Coronado, CA Housing Trends and Statistics as of 12/20/2013
Please see the charts in the Market Conditions addendum for a visualization of various trends.
* Median sales price change over past year: 7% (increasing property values trend indication)
* Median sales price change over the past 6 months: 9%
* Median $/Sqft change over past year: 12% (increasing property values trend indication)
* Median $/Sqft change over the past 6 months: 8% (increasing property values trend indication)
* Months of inventory: 3.3 months ('In balance' Demand/supply indication)
* Typical market exposure time (median over past 3 months): 52.5 Days
* My estimate of likely marketing time for next 3 months: 0-90 days

(Please note that the housing price trends above only consider standard/traditional sales. Bank sales, short sales, estate sales, etc. are not considered.)

Brian A. Ward
(619) 630-9273

Real Estate Appraisal Services For:
·         Bankruptcy
·         Divorce / Marriage Dissolution
·         Estates
·         Trusts
·         Date of Death / Retrospective Appraisals
·         Expert Witness Testimony
·         Before Buying and/or Obtaining a Mortgage (critical)
·         Before Selling
·         Property Tax Appeals
·         Intra-Family Home Purchases and Sales
·         More!