The Coronado Ranch Real Estate Market Report for April 2025
Homes for sale in Coronado Ranch are slipping away in this month's real estate market report. Last month we noted the robust inventory of homes for sale in Coronado Ranch and we saw our community move to a buyer's market for the first time in a long time.
April served to confirm the information we have been providing you for months. Coronado Ranch is a great community to call home and the numbers don't lie.
Months of Supply of Inventory
Months Supply of Inventory was nearly cut in half to 4.48 months. While only 2 homes sold in the month of April, another 8 went under contract and we will be reporting the results of those sales next month. This means that if no new homes were to come on the market, it would take about 4.48 months to sell all the existing homes that are currently for sale.
Median Days on Market
Median Days Homes are On the Market - April was 40 days on the market, which was a modest increase month over month. This particular statistic does fluctuate, sometimes wildly, depending on how long homes are kept on the market.
List to Sold Price Percentage
The List to Sold Price Percentage of 100% increased slightly from last month. One of the sales in April had an offer price over the list. We haven't seen that in a long time.
It is worth noting that both of the sales in April had concessions given to the buyer. Given the competition to get the right offer, this is a prudent strategy for seller's to consider when contracts are received.
Median Price per Square Foot
Lastly, we have the Median Sold Price Per Square Foot for April, which stands at $266.71. While this one statistic is hardly the metric on which to base a home valuation, it does provide a solid place to start based upon the size of your home.
Simply multiply the number by total square feet in your home and there you go!
Coronado Ranch Real Estate Market Summary
So, what does all of this mean to you?
We're back in a seller's market...sort of.
April gave us a crop of new buyers that wrote contracts regardless of the interest rate or market turmoil. The volume of sales and under contract properties shows why Coronado Ranch continues to move against the trends of falling prices and much longer days on market.
The sold properties showed the seller's willingness to offer concessions to the buyer in order to get a deal done. We expect this trend to continue as the competition for the right buyer remains a concern.
Like you, we are interested in seeing the results of all of the homes under contract and will be back next month with the news that will keep you on top of the Coronado Ranch Real Estate Market.
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