Coronado, CA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Coronado Neighborhoods Since 2000




Coronado, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Coronado Housing Market Information

With 24,812 people, 8,500 houses or apartments, and a median cost of homes of $1,582,861, Coronado house prices are not only among the most expensive in California, Coronado real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Coronado, accounting for 48.45% of the city's housing units. Other types of housing that are prevalent in Coronado include large apartment complexes or high rise apartments ( 34.13%), row houses and other attached homes ( 11.47%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.95%).

People in Coronado primarily live in small (one, two or no bedroom) single-family detached homes. Coronado has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Coronado built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Coronado built between 1940-1969 ( 27.48%). A lesser amount of the housing stock also hails from before 1939 ( 14.55%). There's also some housing in Coronado built between 2000 and later ( 6.04%).

Vacant housing appears to be an issue in Coronado. Fully 21.90% of the housing stock is classified as vacant. Left unchecked, vacant Coronado homes and apartments can be a drag on the real estate market, holding Coronado real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Coronado Home Appreciation Rates

In the last 10 years, Coronado has experienced some of the highest home appreciation rates of any community in the nation. Coronado real estate appreciated 29.12% over the last ten years, which is an average annual home appreciation rate of 2.59%, putting Coronado in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Coronado definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Coronado that despite a nationwide downturn in the housing market, Coronado real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Coronado appreciation rates continue to be some of the highest in America, at 5.69%, which is higher than appreciation rates in 71.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Coronado. Coronado appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.89%.

Importantly, this makes Coronado one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to California, our data show that Coronado's latest annual appreciation rate is lower than 80% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coronado differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Coronado - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Coronado real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,582,861

Coronado, CA HOME PRICES

Value Range
> $1,255,000 66.4
$941,001 - $1,255,000 15.4
$627,001 - $941,000 8.8
$502,001 - $627,000 1.1
$376,001 - $502,000 2.2
$251,001 - $376,000 1.3
$125,001 - $251,000 3.7
$63,001 - $125,000 0.4
$0 - $63,000 0.7

Very High for CA
Very High for Nation

Value Relative to Nation Value Relative to State
0.328137817883511 4.4973544973545

Number Of Homes And Apartments:
8,500

Coronado Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
140.19% 5.21% 10 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,008 / per month

Homeownership Rate

Homeownership
Owners 39.10
Renters 60.90
Vacant 21.90

Housing Market Details

 

Age of Homes

AGE OF Coronado HOMES
2000 or Newer 6.0
1970 - 1999 51.9
1940 - 1969 27.5
1939 or Older 14.5

Types of Homes

TYPE OF Coronado HOMES
Single-Family 48.5
Townhomes 11.5
Small Apt. Buildings 6.0
Apt. Complexes 34.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Coronado HOMES
No Bedroom 3.34
1 Bedroom 14.86
2 Bedrooms 31.74
3 Bedrooms 31.35
4 Bedrooms 14.82
5 or more bedrooms 3.90