Park Place 2025 Sold Condos

The average selling price for a Park Place condo in 2025 was $1,281,390 or $847 average price per square foot.

The median selling price for a Park Place condo in 2025 was $1,272,450 or $908 per square foot.

Explore 2025 sales and our market analysis below!

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Park Place 2025 closed condo sales

*Please note that this data set represents MLS (multiple listing service) registered sales and does not include sold “off market” listings that were not inputted to the MLS by the selling agent(s).

Park Place Market Analysis 2025

Based on the 10 MLS-recorded closed sales, Park Place had an active but highly segmented 2025 resale market, with values ranging from the mid-$600,000s to just under $2 million. The data shows a clear split between lower-floor or less view-oriented residences and premium upper-floor units with stronger views, better positioning, and more desirable floor plans.

Park Place 2025 Sold Condo Market Summary

In 2025, closed sales at Park Place in Downtown San Diego ranged from $675,000 to $1,985,000, with an average sold price of approximately $1,281,000. The median sold price was approximately $1,272,000, showing that most activity centered around the low-to-mid $1 million range.

The average price per square foot was approximately $847, while the median price per square foot was about $908. This spread is important because the building had a wide pricing range, from as low as $519 per square foot to as high as $1,165 per square foot.

The highest total sale was 700 W Harbor Dr #2703, which closed for $1,985,000, or approximately $1,165 per square foot. This was also the highest price-per-square-foot sale in the data set, showing the strong premium buyers placed on upper-floor positioning and likely superior views.

Two-Bedroom Sales Were the Most Active Segment

Two-bedroom residences represented half of the 2025 activity, with 5 of the 10 closed sales. These sales ranged from $775,000 to $1,799,000, with an average sold price of approximately $1,181,000 and an average price per square foot of about $810.

The two-bedroom segment showed the widest variation in pricing. Unit 104 sold for $850,000, or $519 per square foot, after a very long marketing period. By contrast, unit 2301 sold for $1,799,000, or $1,055 per square foot. This large difference shows that floor level, views, interior condition, and overall desirability had a major impact on value.

Unit 1505 was also a strong two-bedroom sale, closing at $1,274,900, or $1,034 per square foot. Even though it took 182 days to sell, it achieved one of the stronger price-per-square-foot results in the building.

Three-Bedroom Residences Showed Stronger Pricing

Three-bedroom residences accounted for 4 sales and showed stronger pricing overall. These sold from $1,270,000 to $1,985,000, with an average sold price of approximately $1,559,000 and an average price per square foot of about $953.

The strongest three-bedroom sale was unit 2703, which closed for $1,985,000, or $1,165 per square foot. Unit 1204 also performed well at $1,530,000, or $990 per square foot, while unit 1501 closed at $1,450,000, or $939 per square foot.

The townhome sale, TH 9, closed at $1,270,000, or $717 per square foot. This lower price-per-square-foot figure reflects the different nature of townhome-style residences, where larger layouts and lower-floor positioning often produce a lower price per foot compared with upper-floor tower residences.

Days on Market Point to a Selective Market

The average days on market was approximately 108 days, while the median was about 71 days. This indicates that Park Place buyers were selective in 2025, and several listings required extended marketing periods before closing.

The longest sale was unit 104, which took 361 days to sell and closed well below asking. Unit 2301 took 195 days, and unit 1505 took 182 days. These extended marketing times suggest that some sellers had to wait for the right buyer, especially on listings priced at premium levels or with more unique floor plans.

At the same time, desirable or well-priced units still moved quickly. TH 9 sold in only 4 days, while unit 2703 sold in 33 days, unit 1501 sold in 34 days, and unit 402 sold in 35 days. This shows that demand was present, but buyers were careful and value-sensitive.

Sale-to-List Price Trends

On average, Park Place condos sold for approximately 96.6% of list price, with a median sale-to-list ratio of about 98.7%. This suggests that most sellers accepted some level of negotiation, but many closings still landed relatively close to asking price.

Several units sold at full list price, including unit 402, unit 1505, and unit 2301. Unit 103 sold above asking, closing at $675,000 against a list price of $649,900.

The largest discount was unit 104, which sold for $850,000 against a list price of $1,000,000 after 361 days on market. Unit 1204 also had a notable adjustment, selling for $1,530,000 against a list price of $1,699,000.

Overall Market Takeaway

The 2025 sales data shows that Park Place remained a desirable Downtown San Diego condo tower, but pricing was highly dependent on unit positioning, views, floor level, condition, and floor plan.

Lower-floor and less view-oriented units traded in the $500s to $700s per square foot, while stronger tower residences reached the $1,000+ per square foot range. The best-performing sale, unit 2703, showed that premium upper-floor residences at Park Place can still command strong luxury pricing when the right combination of views, elevation, and floor plan is present.

Overall, Park Place’s 2025 market can be described as active, selective, and value-driven, with buyers willing to pay premium prices for the best residences but negotiating more aggressively on units that were less differentiated or priced above market expectations.