This Week:

The median list price in CORONADO, CA this week is $2,172,500.

Demand measured by the Market Action Index is increasing and

days-on-market is trending downward. Even as more properties

come available, these are positive trends for the market.

SUPPLY AND DEMAND:

Home sales have been exceeding new inventory for several weeks.

However because of excess inventory, prices have not yet stopped

falling. Should the sales trend continue, expect prices to level off

soon and potentially to resume their climb from there. Watch prices

as the market transitions from a Buyer's market to a Seller's market.

PRICE:

This week prices bumped up a bit but the trend of recent weeks

is generally downward.

Thanks for reading!
Christine Van Tuyl
Prudential California Realty
Coronado, CA 92118