Coronado is one of the most affluent locations in all of San Diego County.Coronado is located 5 miles from downtown San Diego, just across the bay.Coronado may best be known for is beautiful peninsula location, the Coronado Bridge and the Hotel Del Coronado.
Currently there are 110 active Single Family Homes for sale in Coronado ranging from $550,000 to $24,000,000.There are 70 attached properties available in Coronado ranging from $400,000 to $6,000,000.This current inventory is considered high for this time of year.It’s definitely a buyer’s market.
From January 1, 2010 to March 1, 2010 – 13 detached single family homes sold and 6 attached properties sold.There are currently 20 detached single family homes in escrow and 11 attached properties in escrow.
There are 2 Bank Owned single family homes for sale in all of Coronado and a total of 6 detached and attached Short Sale homes for sale in Coronado.
What does all this mean?It means now is the time to buy.Interest rates are low and prices are down.If you ever thought about living in Coronado, now is the time!
If you are interested in the City of Coronado, please visit www.coronado.ca.us
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