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Downtown San Diego Real Estate Market Update





 

Downtown, San Diego - all home sales in the 92101 zip code rose in February 2010 to 6 percent according to San Diego-based MDA DataQuick. The change is from the same month last year. There are currently 74 home sales last month with the median price of $405,000.

Last month, there is a total of 51 resale condos sold with the median price $375,000. This was up to 17.20 percent from the same month a year ago. There was no resale of single family homes since February 2009.

There was a decline of 4.20 percent between February 2009 and February 2010 for new single family homes and condos sales. The median price for those 23 new properties sold is $530,000.

The average list price of 13 active listings in January 2009 is $1,034,031 down to $811,127 in 11 active listings the same month last year. The median list price was also decreased from $995,000 to $750,000 (January 2009-2010).

Downtown, San Diego offers more affordable single family homes and condos now. Take advantage of this great opportunity to invest a new home in the improving real estate market of Downtown San Diego.

 

 

For further information on any Downtown San Diego Condos contact:

Gregg Neuman

Gregg@sellSanDiego.com

1-800-221-2210

www.SellSanDiego.com



http://www.sandiegorealestatecondos.com/00A903
Posted on March 16, 2010 15:46:11 by Gregg Neuman

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