The 2012 calendar year marked a terrific “comeback” period for the downtown San Diego condo market with prices finally leveling off and actually turning around and gaining upward momentum.
There were 899 MLS registered property sales in downtown San Diego throughout 2012. Please note that this only includes the downtown market (92101 zip code) and the figures represented here are only for MLS registered sales which might not include new construction condo sales, for sale by owner transactions and other re sale units not posted into the MLS by the selling brokerage. However, as most Real Estate sales today happen thru cooperating brokers on the MLS these figures are a great representation of the current state of the downtown San Diego Real Estate market.
The average selling price for a downtown San Diego condo in 2012 was $470,852 (up from $425,850 in 2011).
The average selling price per foot for a downtown San Diego condo in 2012 was $400 per foot (up from $366 in 2011).
Selling prices for downtown San Diego condos in 2012 ranged between $92,000 (for a studio residence in the Element building) to $2,850,000 (for a 3 bedroom 2.5 bath condo at The Pinnacle luxury high rise building).
Pricing per square foot ranged from $175 for a studio residence in an entry level building to $1,080 for a penthouse residence in a luxury condo building.
On average downtown San Diego condo sellers in 2012 received 98% of their asking price.
To see a complete list of closed property sales in downtown San Diego please see Downtown San Diego 2012 Closed Real Estate Transactions.
Related Info: See Downtown San Diego 2011 Condo Sales Report.
Building with the least Sales
There were several buildings with just 1 condo sale in 2012. Amongst them are The Metropolitan, Columbia Place and several Bankers Hill smaller residential complexes.
Building with the most Sales
The building with the most sales in 2012 was Acqua Vista with 36. This is not surprising as this Little Italy high rise was flooded with foreclosures and short sales throughout 2012.
This was followed by Treo and The Grande with 34 sales each respectively.
Lowest & Highest Priced Buildings (Average pricing per Square Foot)
Lowest Average Price per Foot
- Heritage House = $183 / foot
- Element = $201 / foot
- Casiola = 230 / foot
Highest Average Price per foot
- The Metropolitan = $758/foot
- The Pinnacle = $627 / foot
- Bayside = $581 / foot
Neighborhood with the least Sales
The neighborhood with the least sales was Bankers Hill with 42 sales followed by the Gaslamp District with 60 sales. This last is not surprising as the Gaslamp only has 3 residential buildings.
Neighborhood with the most Sales
The neighborhood with the most sales in 2012 was the East Village District with 238 condo sales. This was followed by the Marina District with 190 condo sales.
Lowest & Highest Priced Neighborhoods (Average pricing per Square Foot)
Lowest Average Price per Foot
- Bankers Hill = $294 / foot
- Cortez Hill = $326 / foot
- Little Italy = $353 / foot
Highest Average Price per foot
- Columbia = $491 / foot
- Marina = $452 / foot
- Gaslamp = $441 / foot
Downtown San Diego Condo Sales by Building
Continue browsing below for a detailed information regarding condo sales in downtown San Diego by building. Data includes average sales price by building, average pricing per foot by building and more.
| Building | Average of Selling Price $ | Average of SP$/SqFt | Number of Sales in Building |
| 235 Market | $301,188 | $336 | 8 |
| 350 West Ash | $304,125 | $365 | 8 |
| 7 on Kettner | $512,500 | $402 | 1 |
| Acqua Vista | $233,350 | $280 | 36 |
| Aloft | $196,000 | $278 | 3 |
| Alta | $428,857 | $495 | 7 |
| Aperture | $524,000 | $387 | 5 |
| Aria | $486,833 | $415 | 12 |
| Atria | $314,000 | $344 | 10 |
| Bay Vu | $354,833 | $273 | 3 |
| Bayside | $871,445 | $581 | 20 |
| Beech Tower | $240,000 | $357 | 1 |
| Bella Via | $481,333 | $353 | 3 |
| Breeza | $532,700 | $448 | 15 |
| Brittany Tower | $421,000 | $231 | 2 |
| Casiola | $226,600 | $230 | 5 |
| Cityfront Terrace | $493,716 | $424 | 25 |
| Citymark | $462,300 | $325 | 1 |
| Citywalk | $404,643 | $316 | 7 |
| Columbia Place | $330,000 | $449 | 1 |
| Cortez Blu | $438,375 | $328 | 4 |
| Crown Bay | $322,097 | $324 | 5 |
| Curlew Street HOA | $264,000 | $314 | 1 |
| Diamond Terrace | $346,246 | $381 | 11 |
| Discovery | $451,222 | $378 | 9 |
| Doma | $423,900 | $352 | 10 |
| Ecco Lofts | $331,000 | $316 | 1 |
| El Cortez | $241,223 | $269 | 13 |
| Electra | $747,036 | $510 | 28 |
| Element | $148,500 | $201 | 6 |
| Fahrenheit | $385,000 | $334 | 4 |
| Front Street Condominum | $675,000 | $365 | 1 |
| Gaslamp City Square | $256,850 | $337 | 10 |
| Harbor Club | $833,688 | $570 | 17 |
| Hard Rock | $188,797 | $486 | 30 |
| Hawthorn Place | $348,667 | $365 | 3 |
| Heritage House | $180,000 | $183 | 1 |
| Horizons | $744,694 | $491 | 18 |
| Icon | $400,639 | $428 | 28 |
| Kettner Row Homes | $620,000 | $466 | 2 |
| La Vita | $409,957 | $403 | 23 |
| Laurel Bay | $285,786 | $361 | 7 |
| Laurel Villas | $750,000 | $285 | 1 |
| Lofts @ 777 | $197,540 | $265 | 5 |
| Lusso Lofts | $333,000 | $372 | 4 |
| M2i | $403,857 | $343 | 21 |
| Marina Park | $379,793 | $308 | 15 |
| Marson Point Lane | $360,000 | $309 | 1 |
| Marston Place Ct. Homes | $575,000 | $436 | 1 |
| MARSTON POINTE | $821,500 | $345 | 1 |
| Meridian | $1,321,574 | $521 | 14 |
| Metrome | $274,167 | $318 | 15 |
| Metropolitan | $1,200,000 | $758 | 1 |
| Moto Villas | $311,667 | $408 | 3 |
| n/a | $538,800 | $275 | 5 |
| Nexus | $299,000 | $339 | 7 |
| NK | $550,000 | $302 | 1 |
| Pacific Terrace | $375,000 | $392 | 4 |
| Palermo | $285,633 | $328 | 15 |
| Park at 10th | $297,500 | $252 | 2 |
| Park Blvd East | $304,700 | $308 | 10 |
| Park Blvd West | $287,271 | $327 | 14 |
| Park Loft | $536,887 | $346 | 15 |
| Park Place | $780,300 | $517 | 15 |
| Park Row | $384,909 | $360 | 11 |
| Park Terrace | $296,400 | $334 | 15 |
| Park View | $257,160 | $280 | 5 |
| Piazza Palermo | $231,000 | $358 | 1 |
| Porta D’ Italia | $246,025 | $340 | 10 |
| Portico | $258,750 | $300 | 2 |
| Porto Siena | $306,919 | $355 | 9 |
| Renaissance | $694,989 | $427 | 9 |
| Sapphire Tower | $902,067 | $546 | 18 |
| Smart Corner | $231,765 | $290 | 17 |
| Solara Lofts | $437,117 | $376 | 12 |
| Symphony Terrace | $207,965 | $278 | 6 |
| The Grande | $782,477 | $500 | 34 |
| The Legend | $524,250 | $504 | 22 |
| The Lodge | $350,417 | $292 | 6 |
| The Mark | $605,960 | $522 | 25 |
| The Mills | $234,982 | $269 | 11 |
| The Pinnacle | $951,575 | $627 | 20 |
| Titan | $175,000 | $297 | 3 |
| Trellis | $293,614 | $409 | 14 |
| Treo | $429,944 | $383 | 34 |
| Union Square | $261,349 | $250 | 17 |
| Uptown Condominiums | $380,000 | $363 | 1 |
| Victorian House | $517,500 | $347 | 1 |
| Villa Bay View | $353,333 | $273 | 3 |
| Villa Portofino | $386,000 | $282 | 2 |
| Village Walk | $409,167 | $342 | 3 |
| Waterfront | $372,500 | $493 | 2 |
| Watermark | $684,091 | $426 | 11 |
| Averages | $470,852 | $400 | 899 |
*Source: San Diego MLS – Data deemed reliable but not guaranteed.
Downtown San Diego Condo Sales by Neighborhood
Browse below for a detailed information regarding condo sales in downtown San Diego by neighborhood. Data includes average sales price by neighborhood, average pricing per foot by neighborhood and more.
| Values | |||
| Neighborhood | Average of Selling Price $ | Average of SP$/SqFt | # of Sales in Neighborhood |
| Bankers Hill | $386,286 | $294 | 42 |
| Columbia District | $714,966 | $491 | 134 |
| Cortez Hill District | $342,297 | $326 | 79 |
| East Village District | $381,901 | $372 | 238 |
| Gaslamp District | $246,167 | $441 | 60 |
| Little Italy District | $344,716 | $353 | 156 |
| Marina District | $656,773 | $452 | 190 |
| Averages | $470,852 | $400 | 899 |
*Source: San Diego MLS – Data deemed reliable but not guaranteed.
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