Coronado Real Estate update
The Coronado Real Estate market is by far one of the strongest in San Diego County. Last month June 2008 Coronado reported 12 Coronado homes sold at a median price of $1,480,000. That was a 23.3% increase for the month.
There are several reasons that continue to drive the Coronado Real Estate market even in these slower times. Location probably being by far one of the top reasons. It is setting literally only minutes from San Diego’s downtown and of course the ocean as it is surrounded by the ocean on all sides. You have the bay on the Downtown and Point Loma side and then ocean on the beautiful Coronado Islands side. Coronado has so much to offer it is truly a hidden jewel not to mention the Hotel Del Coronado. It is a world renown landmark that will remain one of the finest of its times. The Del brings in thousands every year and allows them to see San Diego at it’s finest. Not to mention the weather on Coronado. I once read that Coronado offers the most consistent weather in the world second only to the Canary Islands and I will say having lived there it is absolutely heaven.