2013 Downtown San Diego Market Report

The upward price momentum on the downtown San Diego condominium market continued for the fist three quarters of 2013 with inventory rising and prices leveling off towards the end of the year.

In 2013 there were 907 MLS registered property sales in downtown San Diego. 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 2013 was $534,915 (up from 470,852 in 2012 and $425,850 in 2011).

The average selling price per square foot for a downtown San Diego condo in 2013 was $468 per foot (up from $400 in 2012 $366 in 2011).

Selling prices for downtown San Diego condos in 2013 ranged between $124,000 (for a studio residence at Smart Corner) to $3,400,000 (for a 3 bedroom 5 bath condo at The Metropolitan luxury high rise building).

Pricing per square foot ranged from $215 for a studio residence in an entry level building (Element on the East Village) to $1,0312 per foot for a high floor residence at The Pinnacle luxury condo building.

On average downtown San Diego condo sellers in 2013 received 98% of their asking price just like in 2012.

 

**Also of Interest**
Downtown San Diego 2011 Condo Sales Report.
Downtown San Diego 2012 Condo Sales Report.

Building with the least Sales

There were several buildings with just 1 condo sale in 2013. Amongst them are Symphony Terrace and several Bankers Hill smaller residential complexes.

Building with the most Sales

The building with the most sales in 2012 was The Mark with 37 condo sales.

This was followed by The Grande with 35 condo sales and Icon with 31 condo sales each respectively.

Lowest & Highest Priced Buildings (Average pricing per Square Foot)

Lowest Average Price per Foot

  1. Element = $271 / foot
  2. Bay Vu = $281 / foot
  3. Samuel Fox Lofts = 283 / foot

Highest Average Price per foot

  1. The Metropolitan = $830/foot
  2. The Pinnacle = $702 / foot
  3. Harbor Club = $695 / foot

Neighborhood with the least Sales

The neighborhood with the least sales in 2013 was Bankers Hill with 54 sales followed by the Gaslamp District with 45 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 2013 was the East Village District with 264 condo sales. This was followed by the Marina District with 174 condo sales.

Lowest & Highest Priced Neighborhoods (Average pricing per Square Foot)

Lowest Average Price per Foot

  1. Bankers Hill = $383 / foot
  2. Cortez Hill = $395 / foot
  3. Little Italy = $439 / foot

Highest Average Price per foot

  1. Columbia = $551 / foot
  2. Gaslamp = $527 / foot
  3. Marina = $510 / 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# Sales in
Building
Average Selling
Price
Average Price
per Sq Ft
235 Market3$384,667$374
350 Ash5$357,100$410
7 on Kettner1$595,000$355
Acqua Vista25$330,260$406
Aloft4$327,975$417
Alta17$556,088$593
Aperture8$511,575$494
Aria15$465,707$411
Atria9$323,778$421
Bay Vu1$403,000$281
Bayside21$1,112,733$613
Bella Via3$441,033$475
Breeza15$563,167$508
Brittany Tower5$526,380$295
Casiola2$358,500$320
CityFront Terrace26$601,477$523
Citywalk6$551,750$394
Columbia and Fir Lofts1$520,000$477
Columbia Place2$384,600$400
Cortez Blu9$468,389$394
Crown Bay4$385,438$483
Curlew2$354,000$409
Cypress Hills3$620,000$425
Detached Home3$776,667$360
Diamond terrace9$400,889$471
Discovery20$493,563$412
Doma14$585,182$428
Ecco Lofts1$355,000$448
El Cortez8$354,750$398
Electra18$743,944$563
Element9$205,689$271
Fahrenheit4$458,250$413
Front-Hawthorn Quad1$599,000$330
Gaslamp City Square19$329,364$434
Harbor Club14$1,111,857$695
Harbor Villas2$305,250$291
Hard Rock17$245,496$659
Hawthorn Place3$409,000$406
Heritage House3$318,600$310
Horizons14$645,507$496
Icon31$448,806$492
Jacaranda Studios1$1,888,000$526
La Vita25$468,200$497
Laurel Bay14$364,082$436
Lofts at 7772$340,250$453
Lusso Lofts2$287,500$394
M2i15$440,900$417
Marina Park11$436,364$361
Marston Point1$510,000$334
Marston Row Homes1$895,000$400
Meridian11$1,193,718$512
Metrome15$283,000$350
Moto Villas2$271,250$373
Nexus11$318,082$410
Pacific Terrace3$348,967$379
Palermo15$297,208$402
Park @ 10th2$380,000$331
Park & Ivy1$662,000$365
Park Blvd11$359,327$399
Park Loft9$667,078$415
Park Place14$729,750$515
Park Row7$412,714$400
Park Terrace21$315,257$424
Park View6$320,750$330
Porta D’ Italia10$289,515$431
Portico8$346,113$407
Porto Siena9$426,211$434
Prado Terrace1$230,000$354
Renaissance30$760,935$515
Samuel Fox Lofts2$470,000$283
Sapphire Tower15$1,270,733$616
Smart Corner28$284,161$387
Solara Lofts12$392,396$433
Symphony Terrace1$280,000$416
The Grande35$826,379$554
The Legend18$634,414$558
The Lodge7$537,414$467
The Mark37$611,132$555
The Metropolitan2$2,350,000$830
The Mills13$308,200$355
The Pinnacle14$1,006,357$702
The Titan1$203,000$345
The Waterfront1$405,000$470
Titan3$241,467$343
Trellis5$437,050$575
Treo32$483,922$469
Union square21$305,826$301
Villa Bay View6$414,000$337
Villa Portofino2$447,000$388
Village Walk9$513,333$400
Watermark8$675,188$428
Grand Total907$534,915$468

*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.

    
Neighborhood# Sales in NeighborhoodAverage of SP$Average of SP$/SqFt
Bankers Hill54$458,338$383
Columbia / Waterfront121$828,332$551
Cortez Hill89$408,900$395
East Village264$448,197$450
Gaslamp45$317,947$527
Little Italy160$421,339$439
Marina174$711,217$510
Grand Total907$534,915$468

*Source: San Diego MLS – Data deemed reliable but not guaranteed.

Please contact us to receive more information or if you wish to request a customized report for a specific downtown San Diego condo or loft building or neighborhood.

Our goal is to offer you the most relevant and up to date information related to Downtown San Diego Condominiums.

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