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

Coronado Market Update: August 2026

The August 2026 scorecard for Coronado: typical value $2,563,759 (ZIP 92118), month over month +1.01%, year over year +6.7%. The regional gauge finished the month at “Balanced” (47/100).

MONTHLY UPDATE · SEPTEMBER 2026

The August 2026 scorecard for Coronado: typical value $2,563,759 (ZIP 92118), month over month +1.01%, year over year +6.7%. The regional gauge finished the month at “Balanced” (47/100).

The month in brief

  • Homes for sale: 134 in ZIP 92118, about the same as 134 a year earlier.
  • Price cuts: 26% of listings, against 22% the month before.
  • Market temperature: 41 out of 100 (higher means more competition), against 45 the month before.
  • Mortgage rates: the Freddie Mac 30-year averaged 6.67% in August 2026, against 6.54% the month before.

If you are buying

  • Shoppers saw about as many homes as a year ago.
  • At the month’s average rate of 6.67%, the principal and interest on a typical $2,563,759 home with 20% down is near $13,191 a month.

If you are selling

  • Reductions on 26% of listings say something about pricing: aim close to the market from day one.
  • Averages cannot see your home’s condition or view. A personal report can.

These numbers describe the recent past across a wide area. They are not a valuation of any one home and they do not predict what comes next. For your own street, ask Rudy for a personal report.

Activity

Homes for sale and price cuts

Twelve months to August 2026, ZIP 92118.

Homes for sale

Monthly, ZIP 92118

Homes for sale by monthHomes for sale in ZIP 92118 for the twelve months ending August 2026.80100120140Sep ’25Nov ’25Jan ’26Mar ’26May ’26Jul ’26

Listings with a price cut

Percent of listings, ZIP 92118

Share of listings with a price cut by monthShare of listings with a price cut in ZIP 92118 for the twelve months ending August 2026.5%10%15%20%25%30%Sep ’25Nov ’25Jan ’26Mar ’26May ’26Jul ’26
The season

August in context

How this month has typically compared with an average month in ZIP 92118.

Across the complete years since 2018, August has typically seen homes for sale +12%, price cuts +14%, market temperature −2% against the yearly average. Every year differs, but the season is part of why a month can look busier or quieter than the last.

Rates

Mortgage rates in August 2026

Freddie Mac’s weekly averages for the month.

The 30-year fixed rate averaged 6.67% in August 2026, against 6.54% the month before. Try your own numbers in the payment calculator.

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, Rodrigo Ballon with CrossCountry Mortgage, at 858-735-0255. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.

Keep reading

← July 2026 · All updates

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