The 2014 calendar year was a very strong year for the downtown San Diego luxury condo market. The upward price momentum continued throughout the year fueled by low inventory (with no new condo construction of any sort), strong demand and increased interest from foreign investors in the downtown San Diego market. In 2015 we anticipate [...]
Throughout 2013 the downtown San Diego luxury condo market continued the upward price trend with high demand and limited inventory. For 2014 we anticipate luxury condo inventory to remain quite limited as no new luxury high rise buildings are expected to be completed any time soon (BOSA is expected to begin construction on three different [...]
The luxury condo market in downtown San Diego was quite strong throughout 2012 with limited supply of luxury condos specially in the $400k to $900k range. By Spring time 2012 there was a strong sense of urgency by many buyers previously waiting on the sidelines "to see what happens". It seems that March 2012 was [...]
The luxury real estate condo market in downtown San Diego exhibited signs of strengthening throughout 2011. With consumer confidence on the rise, interest rates at all time lows and financing availability made easier with loser lending guidelines we have seen well priced distressed sales (REO's and short sales) receiving multiple offers in a matter of [...]
