Weekly Coronado, CA Market Snapshot

The median list price in CORONADO, CA this week is $2,125,000.
Inventory is tightening and days-on-market is falling. The Market
Action Index shows demand heating up. These are relatively bullish
signs for prices.

Supply and Demand
Home sales have been exceeding new inventory for several weeks.
While still a Buyer's market, prices seem to have responded by
moving upward. If the demand trends continue, expect prices to
keep marching upward, especially once we see a Seller's Market.

Pricing
Despite this week's down tic, price trends have generally been
moving up lately. Prices are below the market's high point, and
so watch the Market Action Index as an indicator of how long this
trend will last.