CORONADO REAL ESTATE 2013 - YEAR IN REVIEW

CORONADO 2013 YEAR IN REVIEW

2013 was a very busy year…

In fact, one of the busiest years ever,

not just for me but the entire Island has been selling!

2013 SALES

                     SOLD         AVE SALE $$              AVE $ PER/SF

Cays                 51            1,443,000                  525

Shores             53            1,286,000                 1013   

Village           209            1,512,000                745

TOTAL    313       

2007 SALES

                     SOLD         AVE SALE $$              AVE $ PER/SF

Cays               39               1,387,000                 590

Shores           49               1,372,000               1127   

Village          182              1,764,000               922

TOTAL     270

Since 2007 when our market peaked in # of sales and values there was a serious decline in 2008 with only 170 sales.  The following reflects an increase in sales on an annual basis since then.

2008/170     2010/219            2012/281

2009/188     2011/245            2013/313

The market has been improving and with 27 properties in escrow and only 114 properties currently on the market (27/Cays, 28/Shores, 59/Village) 2014 looks like another great year for Coronado real estate.