Austin, TX (PRWEB) January 21, 2012
The NAR has just released the December Existing-Home Sales figures which Homes.org has analyzed for its readers, highlighting the key findings and discussing what buyers and sellers can likely expect in the year to come based on the market performance in December. Though the numbers aren't quite as strong as they were in December 2009, they are promising that home sales will continue on in the right direction in the coming year.
Overall, the December Existing-Home Sales figures reveal positive trends continued in the last month of 2011 with existing home sales continuing to increase over last month.
Key Findings December 2011 Existing Home Sales and Start Ups Reports Include:
Filed under News by on Jan 27th, 2012. Comment. 
Vornado Realty Trust – SWOT Analysis – Market Research Reports On Aarkstore Enterprise
Vornado Realty Trust – SWOT Analysis company profile is the essential source for top-level company data and information. Vornado Realty Trust – SWOT Analysis examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Vornado Realty Trust (Vornado or "the company") is an integrated real estate investment trust (REIT), which owns and operates office, retail and showroom properties. The company primarily operates in New York City, Washington DC and Northern Virginia. It is headquartered in New York City, New York and employs about 4,600 people. The company recorded revenues of ,742 million during the financial year ended December 2009 (FY2009), an increase of 1.9% over 2008. The operating profit of the company was 5 million in FY2009, a decrease of 1.9% over 2008. The net profit was million in FY2009, a decrease of 83.8% over 2008
Scope of the Report
- Provides all the crucial information on Vornado Realty Trust required for business and competitor intelligence needs
- Contains a study of the major internal and external factors affecting Vornado Realty Trust in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams of Vornado Realty Trust
-Data is supplemented with details on Vornado Realty Trust history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement from Vornado Realty Trust
Reasons to Purchase
- Support sales activities by understanding your customers' businesses better
- Qualify prospective partners and suppliers
- Keep fully up to date on your competitors' business structure, strategy and prospects
- Obtain the most up to date company information available
Table of Contents :
SWOT COMPANY PROFILE: Vornado Realty Trust
Key Facts: Vornado Realty Trust
Company Overview: Vornado Realty Trust
Business Description: Vornado Realty Trust
Company History: Vornado Realty Trust
Key Employees: Vornado Realty Trust
Key Employee Biographies: Vornado Realty Trust
Products & Services Listing: Vornado Realty Trust
Products & Services Analysis: Vornado Realty Trust
SWOT analysis: Vornado Realty Trust
*Strengths: Vornado Realty Trust
*Weaknesses: Vornado Realty Trust
*Opportunities: Vornado Realty Trust
*Threats: Vornado Realty Trust
Company View: Vornado Realty Trust
Top Competitors: Vornado Realty Trust
Location and Subsidiary: Vornado Realty Trust
*Head Office: Vornado Realty Trust
*Other Locations and Subsidiaries: Vornado Realty Trust
For more information please visit :
http://www.aarkstore.com/reports/Vornado-Realty-Trust-SWOT-Analysis-51853.html
Aarkstore Enterprise specialize in providing online market business information on market research reports, books, magazines, conference booking at competitive prices, and strive to provide excellent and innovative service to our customers.
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Filed under News by on Oct 18th, 2010. Comment.
Analysis: Rentals Hold A Ray Of Hope For Nation’s Home Prices
For rent: The American dream. House, yard, white picket fence. Previous owner foreclosed. Available immediately.
Read more on Banker & Tradesman
Newport room tax, business license changes considered
Proposed changes to the City of Newport’s business and room tax ordinances would require owners of hotels and vacation rentals to register with the city on an annual basis and base business license fees solely on the number of employees.
Read more on Newport News-Times
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Charlottesville, Va. (Vocus) September 29, 2010
A new analysis from SNL Financial reveals that the banks that underwent last year’s government stress tests have sustained losses at substantially lower rates than assumed under the Supervisory Capital Assessment Program’s “more adverse scenario.” Through the first half of 2010, total net charge-offs for the 19 largest banks lagged the total loan loss assumptions in the stress tests on a prorated basis by roughly 2.05 billion, or 33.9%.
According to SNL data, the greatest discrepancy continued to be in first-lien mortgages, where losses tracked .34 billion, or 63% below the prorated SCAP assumptions, followed by commercial real estate at .49 billion, or 49%, below the estimate. The one area in which the banks exceeded the loss assumptions was in credit cards, with five institutions reporting higher-than-projected losses.
SNL’s analysis also shows that the stress-tested banks also managed to mitigate losses with their revenue streams at faster rates than assumed under the SCAP. The banks' pretax, pre-provision net revenue exceeded the assumptions by .72 billion, or close to 30% of projections. SNL data also shows that banks were able to shrink their balance sheets. While the stress tests had assumed that risk-weighted assets on banks' balance sheets would remain static through 2010, the median decline in the institutions' risk-weighted assets was nearly 11% from year-end 2008 through the first half of 2010.
“Last year’s stress tests aimed to ensure that the largest banks in the U.S. would have adequate capital to weather a severe downturn,” said JP O’Sullivan, Associate Director of Financial Services at SNL. “The recent Basel III accords call for even higher capital standards, but since the stress tests forced roughly half the largest banks in the U.S. to bolster their capital levels, the exercise has helped to ensure that the institutions will likely have enough and, in some cases, more than enough capital to comply with new capital standards.”
This data is available with a subscription to the SNL Unlimited Information Service for Financial Institutions. To learn more, contact sales(at)snl(dot)com or call 866.296.3743.
About SNL Financial
SNL Financial is a leading provider of financial information on more than 3,300 public companies and 50,000 private companies in the business sectors critical to the global economy: Banking, Financial Services, Insurance, Real Estate, Energy and Media & Communications. The SNL information service integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. For more information, visit www.snl.com.
Visit the SNL Press Room to learn more about resources available to members of the media.
Follow SNL Financial on Twitter.
SNL Contact
Monica Jenkins
Press Relations Manager
+1.434.951.6951
mjenkins(at)snl(dot)com
SNL Financial
One SNL Plaza
Charlottesville, VA 22902
+1.434.977.1600
Other office locations:
Ahmedabad, India; Arlington, Va.; Boston, Mass.; Boulder, Colo.; Islamabad, Pakistan; Jersey City, N.J.; London; Monterey, Calif.; New York; Richmond, Va.
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Filed under News by on Oct 4th, 2010. Comment.
(PRWeb UK) September 23, 2010
UK Immigration Cap Causing Problems for Businesses
The temporary immigration cap is already causing problems for businesses in the UK. Under the Tier 2 visa scheme, businesses have had to significantly reduce the number of people they can employ, some businesses even threatening to leave the UK. Businesses have been given a zero allocation of certificates of sponsorship which means they will not be able to employ anyone new under the Tier 2 visa scheme.
On 28th June 2010, British Home Secretary Theresa May announced plans to cap UK immigration from outside the United Kingdom. The plan was to cap UK immigration for a short period of time and consultations have followed as regards to how limits should be set for the future.
The cap came into force because of unconstrained levels of immigration to the UK, which consequently put pressure on public services, schools and housing.
The aim of the government is to attract high net worth migrants as investors. Lowering UK tax rates could help to attract wealthy individuals from abroad which could subsequently result in fewer high net worth individuals leaving the UK.
The rise in net migration to the UK has been fuelled by an increase in the number of people coming to study in the UK. Chief executive of the Higher Education Action Group of Universities UK, Nicola Dandridge, claimed earlier this month that the success of UK universities could be at risk if further restrictions are placed on applicants.
Lib Dem Business Secretary, Vince Cable voiced his concerns over the governments immigration cap earlier this month. Cable branded it as “very damaging” to British industry because it prevents employers from hiring skilled workers. Cable openly expressed his objection to the cap. The UK immigration cap is an important part of the conservative manifesto that was reluctantly accepted by the Lib Dems when the coalition government was formed earlier this year.
Nick Clegg is supporting a rethink of plans to limit the number of UK work visas available to non-EU citizens. Clegg’s concerns were expressed at the liberal Democrat question and answer conference in Liverpool where he claimed that the UK visa cap was making life more difficult for British businesses.
The new coalition government in the UK aims to reduce annual net migration from 176,000 to "tens of thousands", although no specific figure has been given. Although UK immigration wish to attract the brightest and best people to the UK, they do not wish to have uncontrolled migration.
Filed under News by on Sep 26th, 2010. Comment.
College Grove, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006
The College Grove region (also know as the College Area) is located in central San Diego County, California. The community is located off Interstate 8 just east of Interstate 15. San Diego State University is located within the borders of the College Grove area.
The real estate and homes for sale in College Grove fall into the low to mid-income categories. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 211 single-family homes sold. Approximately 268 homes sold for the same period in 2005.
One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.
The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.
The median price of homes in July 2006 was 5,000, compared to 7,000 in July 2005, which represents a 9.2% increase. The average price of homes in July 2006 was 3,476, compared to 8,602 in July 2005, which represents a 10% increase. Approximately 25 homes sold in July 2006 and 38 in July 2005. The data provides evidence that there was an upward price trend in July 2006 compared to the same period last year.
The median price of homes in June 2006 was 5,000, compared to 6,500 in June 2005, which represents a 5.9% drop. The average price of homes in June 2006 was 2,427, compared to 6,078 in June 2005, which represents a 4.1% drop. Approximately 38 homes sold in June 2006 and 40 in June 2005. The data provides evidence that there was a downward price trend in June 2006 compared to the same period last year.
The median price of homes in May 2006 was 2,000, compared to 8,500 in May 2005, which represents a 0.7% increase. The average price of homes in May 2006 was 4,812, compared to 7,085 in May 2005, which represents a 1.4% increase. Approximately 30 homes sold in May 2006 and 46 in May 2005. The data provides evidence that there was slight upward price trend in May 2006 compared to the same period last year.
The median price of homes in April 2006 was 0,000, compared to 5,000 in April 2005, which represents a 5.1% increase. The average price of homes in April 2006 was 3,421, compared to 4,306 in April 2005, which represents a 0.2% drop. Approximately 41 homes sold in April 2006 and 47 in April 2005. The data for April 2006 was mixed, as the median price showed a moderate increase from last year, while the average price had a slight drop.
The median price of homes in March 2006 was 5,000, compared to 9,000 in March 2005, which represents a 5.3% increase. The average price of homes in March 2006 was 4,690, compared to 9,856 in March 2005, which represents a 13.4% increase. Approximately 41 homes sold in March 2006 and 44 in March 2005. The data provides evidence that there was an upward price trend in March 2006 compared to the same period last year.
The median price of homes in February 2006 was 2,500, compared to 5,000 in February 2005, which represents a 0.50% increase. The average price of homes in February 2006 was 2,600, compared to 6,932 in February 2005, which represents a 4.6% increase. Approximately 20 homes sold in February 2006 and 25 in February 2005. The data provides evidence that there was an upward price trend in February 2006 compared to the same period last year.
The median price of homes was 0,950 in January 2006, compared to 3,000 in January 2005, which represents a 9.9% increase. The average price of homes in January 2006 was 8,416, compared to 1,904 in January 2005, which represents a 3.20% drop. Approximately 16 homes sold in January 2006 and 28 in January 2005. The data for January 2006 was mixed, as the median price showed a moderate increase from last year, while average prices dropped.
So what does the above data tell us? Overall, there was a 21.3% decline in the number of homes sold during this period from 2006 to 2005. Four months out of seven (February, March, May and July) demonstrated increases in both median and average prices from the same period last year. The magnitude of the increase ranged from half a percent to 10%. The months of April and January had mixed findings, with average prices decreasing slightly (less than 3.2%), and median prices increasing 5% to 10%. In contrast, the June data showed a downward trend in both median and average prices with a range of 4% to 6%.
The data above suggests that although there are monthly variations, on balance, homes in the College Grove area continue to demonstrate price gains. Continued monitoring of sale data in subsequent months is needed to identify enduring market trends.
Be sure to consult your Realtor on other factors that influence home pricing before buying or selling real estate in College Grove.
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Del Cerro, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006
The community of Del Cerro is located in central San Diego County, California. The community is located off Interstate 8 at the College Ave exit.
The real estate and homes for sale in Del Cerro fall into the low to moderate income-categories. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 137 single-family homes sold. Approximately 142 homes sold for the same period in 2005.
One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.
The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.
The median price of homes in July 2006 was 2,000, compared to 0,000 in July 2005, which represents a 6.2 increase. The average price of homes in July 2006 was 0,557, compared to 0,571 in July 2005, which represents a 9.9% increase. Approximately 21 homes sold in July 2006 and 20 in July 2005. In summary, there was an upward price trend in July 2006 compared to the same period last year.
The median price of homes in June 2006 was 7,500, compared to 5,500 in June 2005, which represents a 2.1% increase. The average price of homes in June 2006 was 2,327, compared to 3,060 in June 2005, which represents a 0.80% increase. Approximately 13 homes sold in June 2006 and 30 in June 2005. In summary, there was an upward price trend in June 2006 compared to the same period last year.
The median price of homes in May 2006 was 0,000, compared to 5,000 in May 2005, which represents a 0.8% increase. The average price of homes in May 2006 was 2,730, compared to 4,844 in May 2005, which represents a 2.7% increase. Approximately 30 homes sold in May 2006 and 16 in May 2005. In summary, there was an upward price trend in May 2006 compared to the same period last year.
The median price of homes in April 2006 was 0,000, compared to 0,000 in April 2005, which represents a 17.6% decline. The average price of homes in April 2006 was 7,593, compared to 6,804 in April 2005, which represents a 17.8% drop. Approximately 27 homes sold in April 2006 and 23 in April 2005. In summary, there was a downward price trend in April 2006 compared to the same period last year.
The median price of homes in March 2006 was 7,000, compared to 5,000 in March 2005, which represents a 12.3% drop. The average price of homes in March 2006 was 9,667, compared to 5,836 in March 2005, which represents a 2.5% drop. Approximately 21 homes sold in March 2006 and 25 in March 2005. In summary, there was a downward price trend in March 2006 compared to the same period last year.
The median price of homes in February 2006 was 4,750, compared to 0,000 in February 2005, which represents a 12.2% increase. The average price of homes in February 2006 was 4,679, compared to 5,882 in February 2005, which represents an 18.5% increase. Approximately 14 homes sold in February 2006 and 18 in February 2005. In summary, there was an upward price trend in February 2006 compared to the same period last year.
The median price of homes was 5,000 in January 2006, compared to 2,500 in January 2005, which represents a 16.1% increase. The average price of homes in January 2006 was 3,909, compared to 5,470 in January 2005, which represents a 24.1%. Approximately 11 homes sold in January 2006 and 10 in January 2005. In summary, there was an upward price trend in January 2006 compared to the same period last year.
So what does the data tell us? Well, the data above does not reveal a consistent pattern. Early in the year (January and February 2006), home prices were up year-over-year in the range of 12% to 24%. However, prices were down 2% to 17% during March and April 2006, compared to the same time last year. And then, for the last three months (May, June and July 2006), moderate price gains were observed ranging from 1% to 10%. Given the ups and down described above, a longer period of evaluation is needed to determine if a clear pattern emerges. Contact an experienced Realtor to obtain additional insights about the pricing trends in the Del Cerro real estate market.
Filed under News by on Sep 12th, 2010. Comment.
Clairemont, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006
The community of Clairemont (sometimes called Clairemont Mesa) is located in central San Diego County, California. The community is located off Interstate 5 at Balboa Ave and is within the 92117 Zip code.
The real estate and homes for sale in Clairemont fall into the moderate-income category for San Diego County. The number of homes sold in a particular year is relatively high. For example, during the period from January through July 2006, approximately 183 single-family homes sold. Approximately 226 homes sold for the same period in 2005.
One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.
The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.
The median price of homes in July 2006 was 0,000, compared to 2,500 in July 2005, which represents a 0.9% drop. The average price of homes in July 2006 was 5,114, compared to 5,602 in July 2005, which represents a 2.4% drop. Approximately 21 homes sold in July 2006 and 26 in July 2005. The data provides evidence that there was a downward price trend in July 2006 compared to the same period last year.
The median price of homes in June 2006 was 5,000, compared to 0,000 in June 2005, which represents a 2.6% drop. The average price of homes in June 2006 was 6,758, compared to 4,415 in June 2005, which represents a 0.4% increase. Approximately 30 homes sold in June 2006 and 34 in June 2005. The data for June 2006 was mixed, as median prices declined and average prices rose slightly from the same period last year.
The median price of homes in May 2006 was 0,000, compared to 2,000 in May 2005, which represents a 2.3% drop. The average price of homes in May 2006 was 4,012, compared to 2,000 in May 2005, which represents a 0.3% increase. Approximately 33 homes sold in May 2006 and 37 in May 2005. The data was mixed in June 2006, as median prices declined and average prices rose slightly from the same period last year.
The median price of homes in April 2006 was 4,000, compared to 5,000 in April 2005, which represents a 0.20% drop. The average price of homes in April 2006 was 4,722, compared to 2,897 in April 2005, which represents a 4.6% drop. Approximately 32 homes sold in April 2006 and 36 in April 2005. The data provides evidence that there was a downward price trend in April 2006 compared to the same period last year.
The median price of homes in March 2006 was 8,000, compared to 5,000 in March 2005, which represents a 1.5% increase. The average price of homes in March 2006 was 9,161, compared to 6,227 in March 2005, which represents a 3.60% increase. Approximately 29 homes sold in March 2006 and 39 in March 2005. The data provides evidence that there was an upward price trend in March 2006 compared to the same period last year.
The median price of homes in February 2006 was 0,000, compared to 5,000 in February 2005, which represents a 7.4% increase. The average price of homes in February 2006 was 2,435, compared to 1,708 in February 2005, which represents a 2.50% increase. Approximately 17 home sold in February 2006 and 29 in February 2005. The data provides evidence that there was an upward price trend in February 2006 compared to the same period last year.
The median price of homes was 5,000 in January 2006, compared to 5,000 in January 2005, which represents a 10% increase. The average price of homes in January 2006 was 4,524, compared to 2,708 in January 2005, which represents a 16.9% increase. Approximately 21 homes sold in January 2006 and 25 in January 2005. The data provides evidence that there was an upward price trend in January 2006 compared to the same period last year.
So what does the above data tell us? Overall, there was a 19% decline in the number of homes sold during this period from 2006 to 2005. The pricing trends early in the year (January, February and March) were in the upward direction for both median and average prices, which showed increases year-over-year ranging from 1.5% to 16.9%. However, since then, the pricing trend has been downward or mixed depending on the month. For example, April and July demonstrated downward median and average prices ranging from around half a percent up to 5%. For May and June, the median price was down around 2% from the previous year, and the average price was slightly up around half a percent. These findings suggest that at best, prices have leveled off, and at worst, are starting to decline. Continued monitoring of sale data in subsequent months is needed to identify enduring market trends.
Be sure to consult your Realtor on other factors that influence home pricing before buying or selling real estate in Clairemont.
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Filed under News by on Aug 28th, 2010. Comment.
Commercial Real Estate Analysis and Investments (with CD-ROM)
The well-known and respected authorship team of Geltner and Miller bring you a new edition of what has become the undisputed and authoritative resource on commercial real estate investment. Streamlined and completely updated with expanded coverage of corporate and international real estate investment, this upper-level text presents the essential concepts, principles and tools for the analysis of commercial real estate (income producing) from an investment perspective. This new book continues to
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Price: $ 130.00
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Coronado, San Diego, Real Estate Market Trends, Single-family Homes, Mid Year Analysis, 2006
The community of Coronado is located on the central coast of San Diego County. This 13.5 square mile peninsula is accessible via the famous Coronado Bay Bridge, by water ferry from Downtown San Diego, or through Imperial Beach via highway 75.
The real estate and homes for sale in Coronado are some of the most expensive properties in San Diego County. The number of homes sold in a particular year is relatively low. For example, during the period from January through July 2006, approximately 64 single-family homes sold. Approximately 79 homes sold for the same period in 2005. The price of homes in Coronado varies widely from moderately priced small cottages to multi-million dollar estates.
One method to analyze pricing trends for a particular community is to evaluate the median and average price of homes for a particular month, and compare that data against the same period last year. What follows is a comparison of the median price and average price of homes for the past seven months (January through July 2006), compared against the data for the corresponding time period in 2005.
The median price of homes represents the point at which half the homes are above a particular price point, and half the homes are below a particular price point. The average price of homes is calculated by adding up the sales price of all homes sold in a particular month, and dividing that value by the number of homes sold.
The median price of homes in July 2006 was ,505,000, compared to ,481,250 in July 2005, which represents a 1.6% increase. The average price of homes in July 2006 was ,795,179, compared to ,603,214 in July 2005, which represents an 11.5% drop. Approximately 7 homes sold in July 2006 and 14 in July 2005. In summary, the data was mixed for July 2006, with the median price posting a small increase and the average price dropping 11.5%.
The median price of homes in June 2006 was ,775,000, compared to ,570,000 in June 2005, which represents a 13.1% increase. The average price of homes in June 2006 was ,998,860, compared to ,778,214 in June 2005, which represents a 12.4% increase. Approximately 15 homes sold in June 2006 and 21 in June 2005. In summary, the data provides evidence that there was an upward price trend in June 2006 compared to the same period last year.
The median price of homes in May 2006 was ,200,000, compared to ,390,000 in May 2005, which represents a 13.7% drop. The average price of homes in May 2006 was ,576,429, compared to ,615,692 in May 2005, which represents a 2.4% drop. Approximately 7 homes sold in May 2006 and 13 in May 2005. In summary, the data provides evidence that there was a downward price trend in May 2006 compared to the same period last year.
The median price of homes in April 2006 was ,250,000, compared to ,450,000 in April 2005, which represents a 55.2% increase. The average price of homes in April 2006 was ,667,200, compared to ,731,524 in April 2005, which represents a 54% increase. Approximately 10 homes sold in April 2006 and 7 in April 2005. In summary, the data provides evidence that there was a significant upward price trend in April 2006 compared to the same period last year.
The median price of homes in March 2006 was ,650,000, compared to ,780,000 in March 2005, which represents a 7.3% drop. The average price of homes in March 2006 was ,219,667, compared to ,774,667 in March 2005, which represents a 25.1% increase. Approximately 15 homes sold in March 2006 and 9 in March 2005. In summary, the data was mixed for March 2006, with a drop in median price and an increase in average price.
The median price of homes in February 2006 was ,185,000, compared to 5,000 in February 2005, which represents a 35.4% increase. The average price of homes in February 2006 was ,327,000, compared to ,011,667 in February 2005, which represents a 31.2% increase. Approximately 5 homes sold in February 2006 and 3 in February 2005. In summary, the data provides evidence that there was an upward price trend in February 2006 compared to the same period last year.
The median price of homes was ,700,000 in January 2006, compared to ,531,500 in January 2005, which represents an 11% increase. The average price of homes in January 2006 was ,599,000, compared to ,717,750 in January 2005, which represents a 6.9% drop. Approximately 5 homes sold in January 2006 and 12 in January 2005. In summary, the data was mixed for January 2006, with a jump in median price and a decline in average price.
So what does the above data tell us? Overall, there was a 19% decline in the number of homes sold during this period from 2006 to 2005. Besides that, the Coronado real estate market is very hard to characterize because of the limited number of homes that sell every month, and the wide variation in home prices. The median and average prices fluctuated substantially depending on whether or not very expensive homes sold that month or not. Prospective home buyers should seek the advise of an experienced real estate agent to help them understand the micro pricing trends of homes in their price range.
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