Market Report

Coronado Buyer and Seller Conditions This Week (ZIP 92118)

Buying or selling in Coronado? Here is the scoreboard for ZIP 92118: typical value $2.56M (Aug 2026), +6.7% in a year, and a regional gauge that reads “Balanced” this week.

Updated October 2026 · Data through Aug 2026 (monthly) and the week ending Sep 26, 2026 (weekly)

Buying or selling in Coronado? Here is the scoreboard for ZIP 92118: typical value $2.56M (Aug 2026), +6.7% in a year, and a regional gauge that reads “Balanced” this week.

What changed

Week to week: the gauge held at “Balanced” (48 to 49). New pending sales were 395 against 409 last week, and new listings 495 against 495.
Month to month: Jul 2026 $2.54M, Aug 2026 $2.56M (+1.01%).
Trend: over four weeks the gauge held near 49.

If you are buying

Be ready. With about 134 homes for sale, the right one can move quickly.
Ask about price history. Around 26% of listings have been reduced.
Know the payment. With the 30-year rate at 7.40%, get a written estimate from your lender before you tour.

If you are selling

Read the room. Zillow’s temperature reading for the ZIP is 41 out of 100.
Price to the data. Start from this week’s activity and recent comparable sales; Rudy will build the plan with you.

Public data can tell you a lot about an area and nothing at all about a particular house. Ask Rudy for a report tailored to your home or the one you are considering.

Negotiation conditions

Are homes closing above or below asking?

The sale-to-list picture behind this week’s gauge, for offers and for pricing.

Conditions this week

Weekly metro figures are Zillow’s latest published (week ending Sep 5, 2026); ZIP figures are monthly. Zillow publishes sale-price data a few weeks behind.

How homes are closing
Measure	Latest	A year ago	What it says
Average sale price vs list price (metro)	99.2%	98.5%	Closing 0.8 points under asking
Homes selling above list (metro)	35.7%	29.5%	Bidding competition
Homes selling below list (metro)	50.7%	56.3%	Negotiating room
Median sale price (metro)	$963,500	$898,750	+7.2% in a year
Listings with a price cut (ZIP 92118)	25.6%	24.3%	Higher than 97% of months since 2018
Homes for sale (ZIP 92118)	134	134	+0% in a year

Sold above listSold below list

For buyers

Homes in the metro are closing about 0.8% under their list price on average, so there is often room between the asking price and the contract price.
More homes sold below list (51%) than above it (36%), which points to negotiating room on many listings.
In ZIP 92118, 26% of listings have had a price cut, higher than 97% of months since 2018.

For sellers

With 51% of metro sales below list and 36% above, the price a home is first offered at tends to decide which group it lands in.
Price cuts are more common than usual in this ZIP right now, so a list price that matches recent sales helps a home avoid becoming one of them.

Market conditions describe the past and the wider area. They do not predict what will happen to any one home, and they are not advice. Ask Rudy for the numbers on your own street.

The housing stock

The housing in ZIP 92118

What the Census Bureau’s survey says about the homes and the housing costs here.

A profile of the housing

The Census Bureau surveys households every year and combines five years of answers (2020-2024) to estimate housing measures for small areas. Margins of error appear as ±, and the area boundaries approximate ZIP codes.

The housing stock in numbers: American Community Survey
Measure	ZIP 92118
Median household income	$134,534 (±$11,789)
Homes that are owner-occupied	54.6%
Median year homes were built	1974
Median gross rent	$3,257 (±$172)
Median home value reported by owners	$2,000,000 or more
Single-family detached homes	45.8%
Attached single-unit homes (townhomes, row houses)	12.4%
Small buildings (2 to 4 homes)	5.4%
Larger buildings (5 or more homes)	36.1%
Homes used seasonally or occasionally	18.6%

In ZIP 92118, about 54.6% of occupied homes are owner-occupied, the typical home was built around 1974, and about 45.8% of the housing is single-family detached.

The table covers housing and economic measures only. Owner-reported values in the survey are opinions of worth, so expect them to differ from Zillow’s typical value.

The scoreboard

This week’s scoreboard: buyers or sellers?

One gauge for the week and one for the month, with the reading behind each.

This week: who had the edge?

Balanced 49 / 100

Week ending Sep 26, 2026 · San Diego metro area (San Diego–Chula Vista–Carlsbad)

Months of supply: 3.5 (under 4 is usually called a seller’s market, 4 to 6 balanced, over 6 a buyer’s market)
Listings with a price cut this week: 9.9%
New pending sales vs new listings: 395 vs 495

This month in ZIP 92118

Favors buyers 96 / 100

Aug 2026 · ZIP 92118 compared with its own history since 2018

Homes for sale: 134
Listings with a price cut: 26%
Zillow market temperature: 41 / 100
Last month: Favors buyers (88)

Week over week: the last 26 weeks

Each dot is one week in the San Diego metro area (San Diego–Chula Vista–Carlsbad). Hover or tap a dot for that week’s reading. Left of center favors sellers, right favors buyers.

Favors sellersLeans sellersBalancedLeans buyersFavors buyers

The gauge, then and now
When	Week ending	Score	Reading
This week	Sep 26, 2026	49	Balanced
Last week	Sep 19, 2026	48	Balanced
4 weeks ago	Aug 29, 2026	47	Balanced
12 weeks ago	Jul 4, 2026	37	Leans sellers
A year ago	Sep 27, 2025	45	Leans sellers

How the gauge works

Each dial squeezes a handful of public numbers into a single 0 to 100 score. Sellers hold the edge near 0, buyers near 100. The weekly score is based on the whole San Diego metro area (San Diego–Chula Vista–Carlsbad), since weekly figures are not released by ZIP: months of supply plus price cuts, days to pending and pending sales versus new listings, all judged against the weeks since 2018.

The monthly score is for this ZIP alone, using inventory, price cuts and market temperature compared with this ZIP’s own past.

They summarize; they do not forecast or advise.

Rates

Where rates stand and what a payment looks like

A rate, a price and a down payment make a payment: here they are.

30-year mortgage rate, last 3 years

Freddie Mac weekly average: 7.40% this week vs 7.28% last week

Rates and your payment

An example, not a quote

A home at the typical value of $2.56M with 20% down and a 30-year fixed loan at 7.40% works out to about $14,201 a month in principal and interest (before taxes, insurance and any HOA dues).

The Federal Reserve’s target range is currently 3.75%–4.00% (since Sep 17, 2026). Try your own numbers in the payment calculator.

View the numbers

Average 30-year fixed rate by decade
Decade	Average rate
1970s	8.90%
1980s	12.71%
1990s	8.12%
2000s	6.29%
2010s	4.09%
2020s	5.39%

Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Point Mortgage Corporation (NMLS #231073), at (619) 475-4095. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.

Behind the numbers

Home values, inventory, price cuts, days to pending and weekly metro activity come from Zillow Research. The multi-decade record comes from the Federal Housing Finance Agency’s ZIP-level index. Rates are Freddie Mac’s weekly survey, with the Fed’s target range from FRED.

Download the ZIP 92118 monthly series: data.csv. Figures describe a typical home and can change when a provider revises its data. Files refreshed Oct 9, 2026.