June was a great month for real estate in Coronado! With 32 homes closing, a jump from May’s final count, June was officially the strongest month so far this year. That is on the heels of an upward trend for the last several months.
As in previous months, the Village has been the hottest market, moving 21 residences last month. 15 were single-family homes ranging between $875k and $7 million. 7 were condos with sales prices between $750k and $2.4 million. Next came the Shores with 7 condos closing between $945k and $2.4 million. The Cays sold 4 total, with three single-family residences between $980k and $1.8 million and a condo for $930k. No townhomes sold last month.
Here is a breakdown of each home by neighborhood:
If the market continues on the upward trajectory, which is consistent with past summers, July will outperform June with August coming in even stronger. If you’ve been thinking about getting into a new island home or are looking to put yours on the market, now is the time to do it.
Due to the finer nuances of the island market, combined with a shortage of inventory compared to demand, Coronado differs from neighboring markets. That’s why it’s essential to partner with a local realtor you can trust. At ParkLife Real Estate, we have an entire team of local agents specializing in Island real estate. They can help give you an edge in this competitive market.
Give us a call at ParkLife Real Estate today to make your Coronado dreams a reality.