| Rudy Flores · (619) 392-6714 · Real Estate Strategist, Realtor® · CalDRE #02257808 · Responsible Broker CalDRE #01481919
REAL ESTATE CORONADO ISLAND
Market Report

Coronado Home Values Through the Cycles, 2000 to Today (ZIP 92118)

Where Coronado stands today: ZIP 92118 has a typical value of $2.56M as of Aug 2026, +6.7% against a year ago and +32% against five years ago. The regional gauge this week: “Balanced”.

MARKET REPORT · OCTOBER 2026

Where Coronado stands today: ZIP 92118 has a typical value of $2.56M as of Aug 2026, +6.7% against a year ago and +32% against five years ago. The regional gauge this week: “Balanced”.

What changed

  • The past week: the gauge held at “Balanced” (48 to 49). New pending sales were 395 against 409 last week, and new listings 495 against 495.
  • The past month: the typical value went from $2.54M (Jul 2026) to $2.56M (Aug 2026), +1.01%.
  • The past four weeks: the gauge held near 49.

If you are buying

  • The shelf is about the same. 134 homes are for sale.
  • Asking prices are moving. About 26% of listings show a price cut.
  • The rate backdrop. The 30-year average sat at 7.40% in the latest Freddie Mac survey.

If you are selling

  • The temperature. Zillow rates demand in the ZIP at 41 of 100.
  • The takeaway. Recent sales, not old ones, are the best guide to a list price. Rudy can walk through them with you.

Statistics like these show where the market has been. They cannot value a single home or predict where prices go next; a personal report from Rudy can get closer to your own property.

The long view

The cycles: how values got here

The peaks, the pullback and the recoveries in ZIP 92118 since 2000, in plain numbers.

The cycles, one line each

Zillow Home Value Index for ZIP 92118. Dates are month ends; changes are nominal, not adjusted for inflation.

Home value cycles in ZIP 92118
PhaseDatesTypical valueChange
January 2000 to the mid-2000s peakJan 2000 to Sep 2006$577,830 to $1,370,372+137%
Peak to troughSep 2006 to Oct 2011$1,370,372 to $1,019,393−26%
Trough to a new highOct 2011 to Mar 2015$1,019,393 to $1,377,387+35%
March 2020 to the record highMar 2020 to Aug 2026$1,593,603 to $2,563,759+61%
Record high to nowAug 2026 to Aug 2026$2,563,759 to $2,563,759+0.0%

From Jan 2000 the typical value climbed +137% to a peak of $1,370,372 in Sep 2006, slipped −26% to $1,019,393 by Oct 2011, and did not pass the old peak until Mar 2015, about 8.5 years after it. The record so far is $2,563,759 in Aug 2026; the latest reading is $2,563,759 (Aug 2026).

Measured from the same starting point, the ZIP’s values have grown about 3% more than the wider metro area since January 2000.

Home values indexed to January 2000Typical home value in ZIP 92118 and the metro area with January 2000 set to 100, through Aug 2026.100200300400500200020042009201320182022

ZIP 92118San Diego metro

How to read it

How to read this week’s numbers

What each measure means, with this week’s live values beside it.

Six numbers, plain English

This week’s live values for the San Diego metro (week ending Sep 26, 2026) and ZIP 92118.

Months of supply
3.5 this week. It is the number of months it would take to sell every home for sale at the current pace of new pending sales. Under 4 is usually called a seller’s market, 4 to 6 balanced, and over 6 a buyer’s market.
New pending sales vs new listings
395 new pending sales against 495 new listings this week. When pendings outpace listings, the supply of homes is shrinking; when listings outpace pendings, it is growing.
Share of listings with a price cut
9.9% across the metro this week, and 26% in ZIP 92118 in Aug 2026. A rising share often means sellers are adjusting to what buyers will pay.
Sale-to-list price
99.2% on average for the week ending Sep 5, 2026. Under 100% means homes are closing below their asking price.
Days to pending
50 days on average this week for homes that went under contract.

Read together, they answer one question: who has the leverage this week? The gauge above turns them into a single score, and this table shows what is behind it. No single week decides anything, so the useful habit is to watch the direction over several weeks.

The housing stock

The housing in ZIP 92118

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

The homes, in Census numbers

Source: American Community Survey, 5-year data for 2020-2024. Read a ± figure as the range of uncertainty around an estimate; ZIP Code Tabulation Areas are close to, not identical with, ZIP codes.

Census survey estimates of the housing stock and its cost
MeasureZIP 92118
Median household income$134,534 (±$11,789)
Homes that are owner-occupied54.6%
Median year homes were built1974
Median gross rent$3,257 (±$172)
Median home value reported by owners$2,000,000 or more
Single-family detached homes45.8%
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 occasionally18.6%

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.

Nothing here describes the people who live in a ZIP code, only its housing and costs. The survey’s home value is owner-reported and differs from the Zillow value used on the rest of this page.

The long record

Ten years, twenty years, fifty years

Year-over-year and decade-by-decade values from public data.

Year over year

Change in typical home value, December to December (* = year to date). ZIP 92118

Year-over-year change in typical home valueAnnual percent change in typical home value in ZIP 92118 from 2001 to 2026.-20%-10%0%10%20%30%2001: +14.6%20012002: +12.6%2003: +15.0%2004: +20.2%20042005: +11.1%2006: +0.5%2007: −7.0%20072008: −12.1%2009: −3.6%2010: −1.7%20102011: −3.3%2012: +8.7%2013: +10.9%20132014: +8.2%2015: +6.8%2016: +4.5%20162017: +3.8%2018: +3.7%2019: −0.3%20192020: +6.4%2021: +21.0%2022: +7.8%20222023: +10.0%2024: +0.2%2025: +0.9%20252026*: +4.0%
View the numbers
Year over year
YearTypical value (year end)Change
2026 (to Aug 2026)$2,563,759+4.0%
2025$2,465,732+0.9%
2024$2,444,393+0.2%
2023$2,439,902+10.0%
2022$2,218,712+7.8%
2021$2,057,876+21.0%
2020$1,701,208+6.4%
2019$1,599,146−0.3%
2018$1,604,589+3.7%
2017$1,546,935+3.8%
2016$1,490,683+4.5%
2015$1,427,121+6.8%
2014$1,336,072+8.2%
2013$1,234,679+10.9%
2012$1,112,913+8.7%
2011$1,023,469−3.3%
2010$1,058,279−1.7%
2009$1,076,797−3.6%
2008$1,117,269−12.1%
2007$1,270,907−7.0%
2006$1,366,764+0.5%
2005$1,360,339+11.1%
2004$1,224,145+20.2%
2003$1,018,027+15.0%
2002$884,976+12.6%
2001$785,974+14.6%

Decade by decade

FHFA House Price Index for ZIP 92118 (nominal, not adjusted for inflation)

DecadeFHFA indexZillow typical value
1980s+177% (1980–1990, +10.7%/yr)—
1990s+68% (1990–2000, +5.3%/yr)—
2000s+69% (2000–2010, +5.4%/yr)+88% (2000–2010, +6.5%/yr)
2010s+13% (2010–2020, +1.2%/yr)+47% (2010–2020, +3.9%/yr)
2020s (so far)—+60% (2020–2026, +7.4%/yr)
Typical home value since 2000Typical home value in ZIP 92118 from Jan 2000 ($578K) to Aug 2026 ($2.56M).$500K$1M$1.50M$2M$2.50M$3M200020042009201320182022
View the numbers
Typical value at the start of each decade
DateTypical value
2000$577,830
2010$1,086,811
2020$1,599,077
Aug 2026$2,563,759
The balance right now

The balance between buyers and sellers

Where the market sits this week, before the history below.

This week: who had the edge?

This week: who had the edge?: Balanced, 49 out of 100SellersBuyers

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

This month in ZIP 92118: Favors buyers, 96 out of 100SellersBuyers

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.

Week ending Apr 4, 2026: Favors sellers (33)Apr 4Week ending Apr 11, 2026: Favors sellers (35)Week ending Apr 18, 2026: Leans sellers (36)Week ending Apr 25, 2026: Favors sellers (33)Week ending May 2, 2026: Leans sellers (36)May 2Week ending May 9, 2026: Favors sellers (34)Week ending May 16, 2026: Favors sellers (35)Week ending May 23, 2026: Leans sellers (36)Week ending May 30, 2026: Leans sellers (36)May 30Week ending Jun 6, 2026: Leans sellers (38)Week ending Jun 13, 2026: Leans sellers (38)Week ending Jun 20, 2026: Leans sellers (38)Week ending Jun 27, 2026: Leans sellers (41)Jun 27Week ending Jul 4, 2026: Leans sellers (37)Week ending Jul 11, 2026: Leans sellers (42)Week ending Jul 18, 2026: Leans sellers (43)Week ending Jul 25, 2026: Leans sellers (42)Jul 25Week ending Aug 1, 2026: Balanced (47)Week ending Aug 8, 2026: Balanced (46)Week ending Aug 15, 2026: Balanced (46)Week ending Aug 22, 2026: Balanced (49)Aug 22Week ending Aug 29, 2026: Balanced (47)Week ending Sep 5, 2026: Balanced (45)Week ending Sep 12, 2026: Balanced (47)Week ending Sep 19, 2026: Balanced (48)Week ending Sep 26, 2026: Balanced (49)Sep 26

Favors sellersLeans sellersBalancedLeans buyersFavors buyers

The gauge, then and now
WhenWeek endingScoreReading
This weekSep 26, 202649Balanced
Last weekSep 19, 202648Balanced
4 weeks agoAug 29, 202647Balanced
12 weeks agoJul 4, 202637Leans sellers
A year agoSep 27, 202545Leans sellers
How the gauge works

How to read the dials: 0 to 100, low numbers favor sellers and high numbers favor buyers. The weekly dial covers the whole San Diego metro area (San Diego–Chula Vista–Carlsbad) (no ZIP-level weekly data is published) and combines supply, price cuts, days to pending and pending sales against new listings, ranked against every week since 2018.

The monthly dial is local to ZIP: inventory, price-cut share and market temperature compared with the ZIP’s own record. It answers “is this month normal for here?” rather than “how does this place compare with somewhere else?”.

Plain summaries of public numbers; not advice, and not a forecast.

About this data

  • Typical values, inventory, price cuts and days to pending: Zillow Research (the Zillow Home Value Index tracks the typical value of all homes in the middle price tier, seasonally adjusted).
  • Year-by-year and decade-by-decade history: the FHFA ZIP-level House Price Index.
  • Mortgage rates: Freddie Mac weekly survey; policy rate context from FRED.
  • Your own analysis: monthly data for ZIP 92118 (CSV).

These are estimates for a typical home and get revised from time to time. Refreshed Oct 9, 2026.

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