Is Coronado, CA 92118 a buyer’s or seller’s market?

The Coronado housing market right now

In the three months ending August 31, 2026, 16% of homes in Coronado, CA 92118 sold above their list price, the typical home went under contract in 48 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 76 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (59 days then) and the median sale price rose 28% to $2,888,750. Overall, Coronado is more competitive than a year ago, so tougher for buyers.

Within San Diego County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, Coronado ranks #952 of 1,069 CA ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at San Diego 92132 (0% sold over asking) or Warner Springs 92086 (0% sold over asking), while Dulzura 91917 (100% sold over asking) and Guatay 91931 (100% sold over asking) are even more competitive.