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Downtown San Diego Condos 2013 Sales Report

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San Diego Condo with a View

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.

To see a complete list of closed property sales in downtown San Diego please see Downtown San Diego 2013 Closed Real Estate Transactions.

**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.

Values
Building # Sales in
Building
Average Selling
Price
Average Price
per Sq Ft
235 Market 3 $384,667 $374
350 Ash 5 $357,100 $410
7 on Kettner 1 $595,000 $355
Acqua Vista 25 $330,260 $406
Aloft 4 $327,975 $417
Alta 17 $556,088 $593
Aperture 8 $511,575 $494
Aria 15 $465,707 $411
Atria 9 $323,778 $421
Bay Vu 1 $403,000 $281
Bayside 21 $1,112,733 $613
Bella Via 3 $441,033 $475
Breeza 15 $563,167 $508
Brittany Tower 5 $526,380 $295
Casiola 2 $358,500 $320
CityFront Terrace 26 $601,477 $523
Citywalk 6 $551,750 $394
Columbia and Fir Lofts 1 $520,000 $477
Columbia Place 2 $384,600 $400
Cortez Blu 9 $468,389 $394
Crown Bay 4 $385,438 $483
Curlew 2 $354,000 $409
Cypress Hills 3 $620,000 $425
Detached Home 3 $776,667 $360
Diamond terrace 9 $400,889 $471
Discovery 20 $493,563 $412
Doma 14 $585,182 $428
Ecco Lofts 1 $355,000 $448
El Cortez 8 $354,750 $398
Electra 18 $743,944 $563
Element 9 $205,689 $271
Fahrenheit 4 $458,250 $413
Front-Hawthorn Quad 1 $599,000 $330
Gaslamp City Square 19 $329,364 $434
Harbor Club 14 $1,111,857 $695
Harbor Villas 2 $305,250 $291
Hard Rock 17 $245,496 $659
Hawthorn Place 3 $409,000 $406
Heritage House 3 $318,600 $310
Horizons 14 $645,507 $496
Icon 31 $448,806 $492
Jacaranda Studios 1 $1,888,000 $526
La Vita 25 $468,200 $497
Laurel Bay 14 $364,082 $436
Lofts at 777 2 $340,250 $453
Lusso Lofts 2 $287,500 $394
M2i 15 $440,900 $417
Marina Park 11 $436,364 $361
Marston Point 1 $510,000 $334
Marston Row Homes 1 $895,000 $400
Meridian 11 $1,193,718 $512
Metrome 15 $283,000 $350
Moto Villas 2 $271,250 $373
Nexus 11 $318,082 $410
Pacific Terrace 3 $348,967 $379
Palermo 15 $297,208 $402
Park @ 10th 2 $380,000 $331
Park & Ivy 1 $662,000 $365
Park Blvd 11 $359,327 $399
Park Loft 9 $667,078 $415
Park Place 14 $729,750 $515
Park Row 7 $412,714 $400
Park Terrace 21 $315,257 $424
Park View 6 $320,750 $330
Porta D’ Italia 10 $289,515 $431
Portico 8 $346,113 $407
Porto Siena 9 $426,211 $434
Prado Terrace 1 $230,000 $354
Renaissance 30 $760,935 $515
Samuel Fox Lofts 2 $470,000 $283
Sapphire Tower 15 $1,270,733 $616
Smart Corner 28 $284,161 $387
Solara Lofts 12 $392,396 $433
Symphony Terrace 1 $280,000 $416
The Grande 35 $826,379 $554
The Legend 18 $634,414 $558
The Lodge 7 $537,414 $467
The Mark 37 $611,132 $555
The Metropolitan 2 $2,350,000 $830
The Mills 13 $308,200 $355
The Pinnacle 14 $1,006,357 $702
The Titan 1 $203,000 $345
The Waterfront 1 $405,000 $470
Titan 3 $241,467 $343
Trellis 5 $437,050 $575
Treo 32 $483,922 $469
Union square 21 $305,826 $301
Villa Bay View 6 $414,000 $337
Villa Portofino 2 $447,000 $388
Village Walk 9 $513,333 $400
Watermark 8 $675,188 $428
Grand Total 907 $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 Neighborhood Average of SP$ Average of SP$/SqFt
Bankers Hill 54 $458,338 $383
Columbia / Waterfront 121 $828,332 $551
Cortez Hill 89 $408,900 $395
East Village 264 $448,197 $450
Gaslamp 45 $317,947 $527
Little Italy 160 $421,339 $439
Marina 174 $711,217 $510
Grand Total 907 $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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