Aug 13, 2013

Three Real Estate Markets in Coronado: The Cays, The Shores and The Village

Our real estate market in Coronado is really three markets combined:

 The Cays, The Shores and The Village. 

Here is a quick look at the activity in each for 2013…


                          Pending           Sold               Ave. $ Price          Ave. $SF

                                                    2013 (YTD)

Cays                      8                      31                      $1,318,000       $512
Shores                  4                     32                       $1,333,000       $1,024
Village                23                   114                      $1,400,000       $744

2006 (Entire Year)
Cays                                               35                     $1,576,700        $673
Shores                                           35                     $1,520,600        $1,147
Village                                          153                    $1,540,700        $850

    While prices have not come back to the peak levels, which were in 2006 for the Cays and Shores and 2007 for the Village. However, if the numbers for the current month to date sales for 2013 are annualized, we will have an all time high in sales volume. 2013 will be a great year for sellers as there has continued to be a strong demand and lower interest rates.  If you are a prospective Buyer you need to work hard to learn the market and having a Realtor who has done business here in Coronado for over 25 years may help.
    I have had a lot of success in selling the most expensive homes here...I have also represented Buyers and Sellers on some of the least expensive as well!  Whatever your needs, please feel free to give me a call day or night. (619) 987-9797
                                                                                                      

                                                               Respectfully,
                                                               Scott Aurich


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