Coronado Real Estate

According to Stephen Leatherman, aka “Dr. Beach,” there are approximately 650 major public recreational beaches in the United States. Only one, though, can be No. 1. What strand of sand earns that designation? This year, the honor goes to Coronado Beach near San Diego, which tops Leatherman’s 2012 annual list of the Top 10 Beaches in the country. Released on Friday, the full list includes:

1. Coronado Beach, Coronado, Calif.
2. Kahanamoku Beach, Oahu, Hawaii
3. Main Beach, East Hampton, N.Y.
4. St. George Island State Park, St. George Island, Fla.
5. Hamoa Beach, Maui, Hawaii
6. Coast Guard Beach, Eastham, Mass.
7. Waimanolo Bay Beach Park, Oahu, Hawaii
8. Cape Florida State Park, Key Biscayne, Fla.
9. Beachwalker Park, Kiawah Island, S.C.
10. Cape Hatteras, Outer Banks, N.C.

On the other hand, Hamoa Beach made the list after falling off it last year due to access restrictions implemented by an adjacent hotel. With those restrictions relaxed, the secluded beach outside Hana made a two-year jump from No. 9 to No. 5.

The results, she said, included an 18.2 percent increase in revenue per available hotel room (revPAR, as it’s called, a standard lodging-industry metric), a nine-month increase in visitor spending of 17.5 percent over the same period a year earlier and a 647 percent increase in visits to the CVB’s website.

At a recent Women’s Council of REALTORS® luncheon I attended, Leslie Appleton Young, Chief Economist for the California Association of REALTORS®, reported that according to Pew Research Center’s “Home Sweet Home. Still. Five Years After the Bubble Burst” 8 in 10 Americans agree buying a home is the best long-term investment a person can make. Rent or Buy is the question of the day.  “…renters are hardly immune to the allure of homeownership, even in the face of the five-year decline in prices.  Asked if they rent out of choice or because they cannot afford to buy a home, just 24 % say they rent out of choice.  According to Pew Research Center, “17% of the current renters would like to continue to rent and 81% would buy a house at some point.”

According to CAR’s Chief Economist, the 2011 annual Housing Market Survey showed that the Investment & Second/Vacation Home market was the strongest ever with 17% of the homes in California being purchased for Investment/Rental Property and 7% for Vacation/Second Home use.  I interpret this to be good news for Coronado since we have a strong Resort and Second Home Market. Unfortunately there is not an easy way to track this in Coronado.

In today’s market, a common question asked is, “Do you think home prices are going up, down or staying flat in one year, five years and 10 years? “  My answer typically is “my crystal ball is broken.”  However, Leslie Appleton Young, an expert in the field, reported buyers and sellers polled across the state of California reveal that “Sellers are Skeptical and Buyers are hopeful.”   That scenario seems to apply to Coronado as well.

I went to SANDICOR, our local multiple listing organization and pulled data on the single family homes that SOLD in Coronado Village between 1/1/ and 4/9 for the last three years.

A total of25 single family homes sold during that time period in 2012.

PRICE PER SQUARE FOOT                          DAYS ON MARKET

Minimum:  $375.45                                                           7

Maximum:  $1,183.36                                                  217

Average:  $690.01                                                           85

A total of 33 single family homes sold during that period in 2011.

PRICE PER SQUARE FOOT                          DAYS ON MARKET

Minimum:    $417.13                                                          1

Maximum:  $1442.31                                                  368

Average:         $733.01                                                  108

A total of 27 single family homes sold during that period in 2010.

PRICE PER SQUARE FOOT                          DAYS ON MARKET

Minimum:    $364.17                                                   6

Maximum:    $960.44                                                493

Average:         $624.41                                              138

If you are interested in selling your home and getting the most per square foot that I would recommend that your list your home for sale based on the above data. Overpricing your home ultimately will get you less per square foot and longer days on the market.

If you are interested in learning more about the Coronado Real Estate market, please call me directly or visit www.coronado.org.

Expect More Than A Home.....Create A Lifestyle In Coronado!®

Coronado Dives into Social Media 

As one of Coronado’s more tech savvy real estate agent’s, I am excited to report that the City of Coronado has decided to stay relevant in the new age of social media and it is now on Twitter!  Twitter is a social-networking and micro blogging service that allows users to send Tweets. A tweet, once identified as a noise a bird made, is now defined as short text messages no longer than 140 characters to “followers.”  Coronado is one of the few cities in San Diego that regularly send out “Tweets,” short messages via a Twitter account.

Traditional communication methods are being consumed by social media in a quick-moving, ever-changing new world.  Coronado is using Twitter to post information about upcoming city meetings.  During the recent power outage, those who were already following @CoronadoCity were able to receive important information as the City of Coronado Tweeted news and outage updates.

Follow @CoronadoCity for the latest news and information. Begin receiving Coronado City Tweets to receive up-to-the-minute road and bridge traffic, construction project updates, new programs, City events and beach issues. To sign up for a free Twitter account, visit www.twitter.com.   

Please follow me @Coronado4Sale to receive up to date real estate market information.

Gerri-Lynn Fives, ABR, CIPS, CNE, CRS, GRI, RSPS, TRC

REALTOR® / Broker Associate

Prudential California Realty – Coronado

(619) 813-7193 Direct

DRE# 01274657

JustGL@CoronadoBeach.com

www.CoronadoBeach.com

www.CoronadoCays.com

In 1989 Karl Strauss Brewing Company started the micro-brew movement in San Diego.  With San Diego’s thriving, growing and well regarded microbrewery community, craft brews are to San Diego what wine is to Napa. San Diego might not yet have the reputation of well-known microbrew cities like Seattle and Portland, but it is well on its way with 8 breweries.  Located across the bay in beautiful Coronado, is the Coronado Brewing Company.  The Coronado Brewing Company offers quality handcrafted beers and delicious food in a casual family environment. The Coronado Brewing Company offers four year round beers, specialty beers and three Crown Series beers.  If you are in downtown San Diego take the Coronado Ferry over and walk from the Coronado Ferry Landing to the Coronado Brewing Company located at 170 Orange Avenue, Coronado California 92118.

Coronado Brewing Company

www.coronadobrewingcompany.com

Stone Brewing Company

www.stonebrew.com

Karl Strauss Brewing Company

www.karlstrauss.com

Pizza Port Brewing Company

www.pizzaport.com

Lightning Brewery

www.lightningbrewery.com

Green Flash Brewing Company

www.greenflashbrew.com

Ballast Point Brewing Company

www.ballastpoint.com

The Lost Abbey Brewery

www.lostabbey.com

Alesmith Brewing Company

www.alesmith.com

Oh by the way…..if you are interested in buying Coronado real estate and touring Coronado homes for sale, I am your local real estate expert.  I limit the number of people that I work with so that I can concentrate on giving you the service you need and deserve.  Please consider my dedication to the profession with over 12 years of experience, my seven NAR designations and my drive to serve my clients the next time you need a REALTOR®.

Expect More Than A Home…..Create A Lifestyle In Coronado!®

Gerri-Lynn Fives, ABR, CIPS, CNE, CRS, GRI, RSPS, TRC
REALTOR / Broker Associate
Prudential California Realty – Coronado

(619) 813-7193 Direct
DRE# 01274657

JustGL@CoronadoBeach.com
www.CoronadoBeach.com
www.CoronadoCays.com

www.Coronado.org

While walking along one of the many bike paths in Coronado, California one day, enjoying the views of downtown San Diego and the Coronado Bay Bridge an unusual device rode past me and caught my attention. My immediate thought was that an Elliptical machine from one of the local gym’s escaped so that it could enjoy the same views and wonderful weather that Coronado has to offer.  

I later learned that I was looking at the newly invented ElliptiGO. The ElliptiGO is the brainchild of Brent Teal of Solana Beach and Coronado’s own Bryan Pate. Bryan Pate grew up in Coronado, attending schools in the Coronado Unified School District.  According to Bryan, Coronado was the test market for the ElliptiGO, and Coronado likely has the densest population of ElliptiGO riders in the world!

In awe of the ElliptiGO, I decided that I wanted to take one out for a test drive.   I went to Holland’s Bicycles located at 977 Orange Avenue, in Coronado which is owned by a local family since 1924.  Holland’s Bicycles sells and rents bicycles, bicycle gear and the ElliptiGO.  The rental process was streamlined and soon I was out the door and off on my adventure. I headed down to the bike path, located in front of the Coronado Yacht Club.  My first trip out took me just past the Silver Strand Elementary School where I turned around to head back. The ElliptiGO was designed to emulate running outdoors without the impact so I was able to cover a fair amount of distance.   I loved the ElliptiGO!   

Apparently, I am not the only one who loves the ElliptiGO.  On December 11, 2010 the ElliptiGO 8S was honored with the 2010 Most Innovative New Product (MIP) Award in the category of Action and Sports Technologies at CONNECT’s 23^rd Annual MIP Awards.  For the past 23 years, CONNECT’s MIP Awards has honored new products created and launched in San Diego to make a worldwide impact on society.  Being a Breast Cancer Survivor, it is my dream to own the Pink 8C ElliptiGO, where $120 of my purchase would be donated to the Breast Cancer Research Foundation.

Oh by the way…..if you are interested in buying Coronado real estate and touring Coronado homes for sale, I am your local real estate expert.  I limit the number of people that I work with so that I can concentrate on giving you the service you need and deserve.  Please consider my dedication to the profession with over 12 years of experience, my seven NAR designations and my drive to serve my clients the next time you need a REALTOR®.

Expect More Than A Home…..Create A Lifestyle In Coronado!®

Gerri-Lynn Fives, ABR, CIPS, CNE, CRS, GRI, RSPS, TRC

REALTOR / Broker Associate
Prudential California Realty – Coronado

(619) 813-7193 Direct
DRE# 01274657

JustGL@CoronadoBeach.com

www.CoronadoBeach.com
www.CoronadoCays.com

www.Coronado.org