Marina District 2023 Condo Market Report

The Marina District condo market remained one of Downtown San Diego’s most established and diverse residential markets during 2023. Known for its proximity to San Diego Bay, Seaport Village, the Embarcadero, Petco Park, and the Gaslamp Quarter, the Marina District continued to attract buyers looking for a walkable downtown lifestyle with access to restaurants, entertainment, waterfront recreation, and some of Downtown San Diego’s best-known residential communities.

The neighborhood includes a broad mix of condominium buildings, including CityFront Terrace, Harbor Club, Horizons, Meridian, Park Place, Renaissance, The Pinnacle, Watermark, Atria, City Walk, Park Row, Marina Park, and several smaller communities.

Based on the 118 Marina District condo sales for 2023, the average selling price was approximately $997,034, while the median selling price was $849,000. On a price-per-square-foot basis, residences sold for an average of approximately $773 per square foot, with a median of $737 per square foot.

Combined, these transactions represented approximately $117.65 million in closed condominium sales volume during the year.

2023 Marina District Condo Market Statistics

The 2023 sales demonstrate the considerable range of properties available to buyers searching for Marina District condos for sale in Downtown San Diego. Closed prices ranged from $390,000 to $4.512 million, while values ranged from approximately $435 to $1,479 per square foot.

Key 2023 market statistics:

  • Total condo sales: 118
  • Total sales volume: $117,649,981
  • Average selling price: $997,034
  • Median selling price: $849,000
  • Average price per square foot: $773
  • Median price per square foot: $737
  • Lowest selling price: $390,000
  • Highest selling price: $4,512,000
  • Price-per-square-foot range: $435–$1,479

The difference between the average selling price of approximately $997,000 and the $849,000 median reflects the influence of several multimillion-dollar transactions. The median therefore provides a useful indication of where the midpoint of the Marina District condominium market fell during 2023.

Marina District Condos Covered a Broad Range of Price Points

One of the defining characteristics of Marina District real estate is the diversity of its housing stock.

Studios and smaller one-bedroom residences could still be purchased below $500,000 during 2023, particularly in buildings such as Atria and Marina Park. At the other end of the market, large luxury residences in Meridian, Harbor Club, Park Place, and The Pinnacle sold for several million dollars.

This wide range of inventory makes the Marina District different from neighborhoods dominated by newer high-rise luxury construction. Buyers can choose among lower-density communities, traditional high-rise buildings, large older floor plans, townhome-style residences, and premium luxury properties.

CityFront Terrace Remained a Strong Marina District Benchmark

CityFront Terrace recorded a broad range of sales during 2023 and remained an important benchmark for Downtown San Diego Marina District condos.

One-bedroom residences sold from approximately $610,000 to $780,000, while larger two- and three-bedroom homes generally traded between approximately $800,000 and $1.275 million.

Unit #1001 sold for $1.25 million, or approximately $846 per square foot, while #502 closed for $1.275 million, or approximately $819 per square foot.

These sales illustrate how floor plan, size, elevation, views, and orientation can materially affect values even within the same condominium building.

Harbor Club and Horizons Represented the Established Luxury Market

Harbor Club continued to be one of the Marina District’s most recognizable luxury communities during 2023.

Several conventional residences traded between approximately $950,000 and $1.56 million, while the building’s much larger residences reached substantially higher price levels.

Harbor Club #3901 sold for $4.375 million. At 4,303 square feet, the residence achieved approximately $1,017 per square foot, demonstrating how very large luxury floor plans can produce substantial total sale prices without necessarily generating the neighborhood’s highest price-per-square-foot values.

Horizons also performed well, with sales ranging from approximately $725,000 to $1.455 million. Higher-floor and better-positioned residences generally commanded stronger valuations.

Park Place Demonstrated Strong Premium Pricing

Park Place remained another important component of the Marina District luxury condo market in 2023.

Most conventional two-bedroom residences traded around or above $1 million, while higher-floor and larger floor plans achieved significant premiums.

Unit #2003 sold for $1.37 million, or approximately $997 per square foot, while #1304 closed for $1.53 million, or approximately $990 per square foot.

The strongest Park Place transaction was unit #2902, which sold for $2.85 million, or approximately $1,392 per square foot.

This sale demonstrates the substantial premium buyers can place on high-floor residences with desirable views and larger floor plans.

The Pinnacle Continued to Command Premium Values

The Pinnacle also occupied the upper tier of Marina District condo sales during 2023.

Several residences exceeded $1,000 per square foot, including #1101 at approximately $1,229 per square foot, #1808 at approximately $1,219 per square foot, and #908 at approximately $1,110 per square foot.

The highest-priced Pinnacle sale in 2023 was unit #3102, which closed for $2.5 million, or approximately $1,251 per square foot.

These results reinforce the premiums associated with higher floors, luxury finishes, larger residences, views, and building amenities.

Meridian Recorded the Highest Price Per Square Foot

Meridian produced the highest-priced sale and the highest price-per-square-foot transaction in the Marina District in 2023.

Unit #2502, a 3,050-square-foot residence, sold for $4.512 million, equating to approximately $1,479 per square foot. Other Meridian residences ranged considerably lower, reflecting the building’s diverse selection of floor plans and elevations.

This wide spread again illustrates why a neighborhood-wide price-per-square-foot average cannot accurately value every Marina District condo.

What the 2023 Marina District Condo Sales Tell Us

Overall, 2023 was an active year for the Marina District condo market in Downtown San Diego, with 118 closed sales totaling approximately $117.65 million.

The median selling price of $849,000 and median price per square foot of $737 provide useful benchmarks for the typical transaction. However, the exceptionally broad range from $435 to $1,479 per square foot demonstrates how dramatically values can vary among individual residences.

For buyers and sellers evaluating Marina District condos for sale in San Diego, factors such as building, floor level, view orientation, square footage, floor plan, interior condition, upgrades, parking, outdoor space, and overall location within the neighborhood can all materially affect market value.

The most accurate valuation therefore comes from comparing recent sales within the same building and, whenever possible, similar floor plans, elevations, and view orientations.

Marina 2023 Sold CONDOS

AddressBedroomsBathroomsSq FtDays On MLSAsking PriceSold PriceCOEDateDays On MarketSP$/SqFtBuildingNeighborhood
235 Market St 310221,0365$639,000$628,6008/14/235$607235 On MarketMarina
235 Market St 412221,12321$740,000$735,0005/24/2321$655235 On MarketMarina
235 Market Street 2071186076$524,000$475,00010/16/2377$552235 On MarketMarina
235 Market Street 407331,76873$800,000$769,0003/15/2373$435235 On MarketMarina
350 W Ash St 1006015214$485,950$500,0006/16/234$960350 West AshMarina
101 Market 307015779$379,900$390,0006/13/239$676AtriaMarina
101 Market St 2040158827$450,000$424,00011/3/2327$721AtriaMarina
101 Market St 2080158523$449,995$450,0005/12/2323$769AtriaMarina
101 Market St 314116815$525,000$522,0008/30/235$767AtriaMarina
101 Market St 4030158511$459,995$450,0005/2/2311$769AtriaMarina
101 Market St 4101168928$499,000$495,0002/23/2328$718AtriaMarina
120 Island Avenue 336018000$485,000$485,00011/7/230$606AtriaMarina
301 W G St 434231,92271$980,000$940,0003/1/2371$489City WalkMarina
301 W G St 423121,3304$684,800$675,0001/11/234$508City WalkMarina
301 W G St. 137231,43411$899,000$900,00010/16/2311$628City WalkMarina
301 W G Street 437121,27318$682,000$674,0003/22/2317$529City WalkMarina
301 W G Street 110231,84716$949,000$949,0008/31/2316$514City WalkMarina
301 W G Street 129231,92241$964,900$945,0006/22/2341$492City WalkMarina
301 W G Street 139231,8475$950,000$935,0002/8/235$506City WalkMarina
301 W G Street 302221,33214$849,000$849,0003/23/2314$637City WalkMarina
301 W G Street 305119617$649,995$665,0009/13/236$692City WalkMarina
301 W G Street 432121,3305$725,000$725,00011/30/235$545City WalkMarina
500 W Harbor Dr 81611726166$699,950$679,0008/4/23165$935Cityfront TerraceMarina
500 W Harbor Dr 1001221,47711$1,249,000$1,250,0001/26/2311$846Cityfront TerraceMarina
500 W Harbor Dr 1018219763$819,000$810,0008/30/233$830Cityfront TerraceMarina
500 W Harbor Dr 111821976214$849,000$837,5009/18/23221$858Cityfront TerraceMarina
500 W Harbor Dr 303221,1840$875,000$875,0004/7/230$739Cityfront TerraceMarina
500 W Harbor Dr 501321,4770$1,189,900$1,200,0004/28/230$812Cityfront TerraceMarina
500 W Harbor Dr 502231,55610$1,325,000$1,275,0005/30/2310$819Cityfront TerraceMarina
500 W Harbor Dr 5161172640$629,000$610,0006/15/2340$840Cityfront TerraceMarina
500 W HARBOR Dr 912221,27325$1,076,000$1,025,0005/23/2326$805Cityfront TerraceMarina
500 W Harbor Drive 113231,6344$1,190,000$1,190,00010/25/235$728Cityfront TerraceMarina
500 W Harbor Drive 507118794$779,999$780,0004/12/233$887Cityfront TerraceMarina
500 W Harbor Drive 910221,24021$1,050,000$1,025,0005/4/2321$827Cityfront TerraceMarina
620 State Street 125221,0147$685,000$690,00012/4/2310$680Columbia PlaceMarina
620 State St 115117359$565,000$575,0009/25/239$782Columbia PlaceMarina
620 State St 321221,04841$735,000$717,0006/26/2341$684Columbia PlaceMarina
620 State Street 320221,04813$719,900$700,0001/9/2313$668Columbia PlaceMarina
655 Columbia St 310221,0707$729,900$733,0009/1/237$685Columbia PlaceMarina
350 K St 407116734$514,900$505,0001/5/2326$750Crown BayMarina
350 K St 415221,02517$709,000$710,0003/3/2317$693Crown BayMarina
350 K Street 4092293315$684,900$660,0001/13/2315$707Crown BayMarina
350 K Street 507116733$564,900$564,9004/17/233$839Crown BayMarina
350 K Street 516229338$719,000$710,0005/19/2359$761Crown BayMarina
350 K STREET 61422965356$749,000$749,0009/5/23356$776Crown BayMarina
100 Harbor Dr 1106111,0360$980,000$980,0006/7/2349$946Harbor ClubMarina
100 Harbor Dr 2705221,4741$1,495,000$1,560,0008/8/231$1,058Harbor ClubMarina
100 Harbor Drive 1804221,57234$1,475,000$1,345,0005/17/2334$856Harbor ClubMarina
100 Harbor Drive 3304221,57243$1,600,000$1,459,4629/12/2343$928Harbor ClubMarina
100 Harbor Drive 3404121,57225$1,475,000$1,160,0004/4/2325$738Harbor ClubMarina
200 Harbor Dr 3901544,303168$4,495,000$4,375,0009/19/23168$1,017Harbor ClubMarina
200 Harbor Dr 902221,47432$999,999$950,0008/4/2332$645Harbor ClubMarina
200 Harbor Drive 1902221,4742$1,300,000$1,250,0007/31/232$848Harbor ClubMarina
510 1st Ave 1203221,10944$980,000$980,00012/1/2344$884HorizonsMarina
510 1st Ave 1505221,24517$1,079,500$1,085,0009/8/2317$871HorizonsMarina
510 1st Ave 603221,109178$790,000$845,0006/29/23178$762HorizonsMarina
510 1st Avenue 305221,24531$749,900$725,0008/29/2331$582HorizonsMarina
510 1st. Ave 1704321,4419$1,475,000$1,455,0003/9/239$1,010HorizonsMarina
555 Front Street 1401121,03625$830,000$805,0001/10/2337$777HorizonsMarina
555 Front St 302221,20936$939,000$939,0007/21/2336$777HorizonsMarina
555 Front St 405221,24559$823,900$813,0008/9/2360$653HorizonsMarina
555 Front St 903221,10926$899,000$880,00011/28/2326$794HorizonsMarina
850 State St 120221,28251$758,000$758,00012/14/2352$591Marina ParkMarina
850 State St 225116663$469,000$469,0006/29/233$704Marina ParkMarina
850 State St 309221,2826$829,000$829,0004/28/236$647Marina ParkMarina
850 STATE STREET 2251166560$469,000$469,0004/14/2360$705Marina ParkMarina
850 STATE STREET 228116658$449,000$440,0005/5/238$662Marina ParkMarina
850 State Street 3251166515$495,000$470,0001/12/2315$707Marina ParkMarina
700 Front 908121,320108$990,000$970,0004/3/23113$735MeridianMarina
700 Front St 1508121,20030$805,000$825,0007/6/2331$688MeridianMarina
700 Front St 2502333,05013$4,950,000$4,512,0004/10/2313$1,479MeridianMarina
700 Front St 605232,2300$1,689,000$1,630,0002/22/234$731MeridianMarina
700 Front Street 1202231,940167$1,895,000$1,795,0009/25/23197$925MeridianMarina
700 Front Street 1206121,4600$1,150,000$1,075,00012/6/239$736MeridianMarina
700 Front Street 2705242,580107$1,925,000$1,850,0009/19/23119$717MeridianMarina
330 J Street 401117732$499,000$500,0004/17/2318$647Pacific TerraceMarina
330 J St 303221,2515$784,900$784,90012/7/235$627Pacific TerraceMarina
330 J St 4041160611$479,900$502,0008/7/2316$828Pacific TerraceMarina
700 W Harbor Dr 1302221,374139$999,000$1,000,0007/26/23140$728Park PlaceMarina
700 W Harbor Dr 1304321,5454$1,495,000$1,530,0005/30/234$990Park PlaceMarina
700 W Harbor Dr 2003221,37431$1,399,900$1,370,0007/6/2331$997Park PlaceMarina
700 W Harbor Dr 2902222,04711$2,899,900$2,850,00012/7/2311$1,392Park PlaceMarina
700 W Harbor Dr. 302221,1920$1,050,000$1,050,0005/8/230$881Park PlaceMarina
700 W Harbor Drive 304221,5750$1,150,000$1,150,0001/31/2319$730Park PlaceMarina
700 W Harbor Drive 306221,33860$995,000$980,0006/29/2360$732Park PlaceMarina
700 W Harbor Drive 503221,19213$1,049,000$1,049,0002/17/2313$880Park PlaceMarina
701 Kettner Blvd 110211,02989$714,900$680,0001/31/2389$661Park RowMarina
701 Kettner Blvd 140321,30528$875,000$875,00012/26/2328$671Park RowMarina
701 Kettner Blvd 1461144124$499,900$465,0004/21/2324$1,054Park RowMarina
701 Kettner blvd 172221,0429$835,000$825,0008/14/239$792Park RowMarina
701 Kettner Blvd 212211,0578$785,000$765,37511/14/238$724Park RowMarina
701 Kettner Blvd 37117804$624,900$642,5005/19/234$824Park RowMarina
701 Kettner Blvd 7221,1033$895,000$900,0006/2/233$816Park RowMarina
701 Kettner Blvd. 164221,0505$719,000$715,0002/28/235$681Park RowMarina
701 Kettner Blvd. 44221,0827$747,100$750,0004/18/2320$693Park RowMarina
701 Kettner Blvd. 70211,00521$820,000$790,00010/4/2332$786Park RowMarina
645 Front Street 712231,2956$869,000$875,0006/26/235$676RenaissanceMarina
645 Front Street 812231,29519$949,954$931,2708/7/2321$719RenaissanceMarina
645 Front St 104331,98438$1,200,000$1,150,00010/5/2338$580RenaissanceMarina
645 Front St 1104221,23727$899,000$855,0004/3/2328$691RenaissanceMarina
645 Front St 1704221,25927$923,888$923,8885/18/2327$734RenaissanceMarina
645 Front St 1810221,2592$975,000$940,0003/20/232$747RenaissanceMarina
645 Front St 316341,99019$1,350,000$1,350,0008/1/2319$678RenaissanceMarina
645 Front St 604221,23711$749,000$830,0004/24/2318$671RenaissanceMarina
645 Front Street 612231,29510$849,000$849,0004/18/2310$656RenaissanceMarina
550 Front St. 1603231,24781$1,269,000$1,245,00012/6/2381$998The PinnacleMarina
550 Front St 1101231,6767$2,150,000$2,060,00010/13/237$1,229The PinnacleMarina
550 Front St 1504331,59611$1,595,000$1,585,0005/23/2311$993The PinnacleMarina
550 Front St 3102331,99943$2,650,000$2,500,0005/9/2343$1,251The PinnacleMarina
550 Front St 605221,2970$999,000$989,00010/12/2328$763The PinnacleMarina
550 Front Street 1006221,01234$850,000$840,0008/10/2334$830The PinnacleMarina
550 Front Street 1808231,67646$2,235,000$2,042,83610/31/2346$1,219The PinnacleMarina
550 Front Street 2102221,04532$899,000$845,7506/22/2332$809The PinnacleMarina
550 Front Street 908231,50946$1,740,000$1,675,00010/5/2346$1,110The PinnacleMarina
650 Columbia Street 217121,0446$779,900$780,0002/14/236$747WatermarkMarina
650 Columbia Street 312231,46054$949,900$930,00011/30/2354$637WatermarkMarina
655 India St 106321,55011$999,999$980,00010/18/2311$632WatermarkMarina
655 India Street 324231,46016$1,200,000$1,150,00010/26/2316$788WatermarkMarina

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