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Residences at The Pinnacle are typically in high demand and short supply. This high rise tower is one of downtown’s top luxury condo complexes in the Marina District which could be considered as the most desirable location in downtown.
Throughout 2012 there were 20 MLS registered condo sales at The Pinnacle.
Sales Pricing per Square Foot
Pricing per foot for sales at The Pinnacle in 2012 ranged between $381 to $1,080 with the average sale being $627 per square foot.
The lowest priced sale per foot at The Pinnacle in 2012 was $381/foot for a 2 bed 2 bath residence on the 28th floor featuring 1,587 sq ft. This home features views of the bay and city. Needles to say that at $381 per foot this was an incredible buy. I recall this specific sale was a short sale and the asking price on this listing was $825,000 but the condo sold for $605,000. That’s just 73% of the asking price! This does not typically occur, much less in today’s market, but that was one of those deals in which the bank got way less than what they should have received. This same unit today would sell for about $750,000 easily.
The highest sale per foot was $1,080/foot for a penthouse level 3 bedroom 2.5 baths residence with 2,640 sq ft of living space located on the 32nd floor. This one sold for $2,850,000.
Overall Sales Price
Overall the lowest price condo sale at The Pinnacle was $302,000 for a studio residence on the 10th floor with 669 sq ft. This averages to about $451 per foot.
The highest overall sale is the same as the highest sale per square foot. This 32nd story 2,640 sq ft penthouse level unit sold for $2,850,000.
The average sales price for condos at The Pinnacle in 2012 was $951,575.
Want to see what sold most recently at The Pinnacle?
To see recent sales for the last 12 months please see The Pinnacle Sold Condos.
Guide to The Pinnacle San Diego condos.
To view detailed 2012 sales data for all downtown San Diego luxury condos please read our 2012 luxury condo sales report.
Closed Condo Sales at The Pinnacle San Diego for 2012
*Source: San Diego MLS – Data deemed reliable but not guaranteed