Alta Downtown San Diego Condos Market Update - January 2010
Thank you Downtown San Diego Homeowners!
Because of your support in 2009, we were successful in representing 39 Downtown San Diego homeowners in the 92101 zip code on their Alta condominium sale or purchase. All of the sales totaled to more than $18.5 million dollars! Now, we have 13 additional sales in escrow which are scheduled to close soon for another $5.5 million dollars!
You are part of our success!
Thanks for your trust and support!
Do you need to sell your Alta Downtown San Diego home because you owe more on it than it is now worth?
Have you considered short-selling?
A short sale is the best option that you can consider to prevent foreclosure for your Alta Downtown San Diego Condo. This is also a considerable solution to decrease the negative tax implications that you may experience from foreclosure. It can also help you to fix your credit rating.
Short sales are a serious matter and complicated, however they can help the sellers from acquiring a foreclosure on their credit record for 10 years. Moreover, it can usually allow you to get a new loan in as little as 2 years.
We value your time so we are here to help and guide you through this challenging process with the use of our reputable experience. There is no obligation! Visit our website at www.SellSanDiego.com and watch a short video which explains short sales in more detail or call us at 1.800.221.2210.
ALTA DOWNTOWN SAN DIEGO CONDO MARKET UPDATE - JANUARY 2010
| Comparative Market Analysis |
| |
| Property Type: Residential Status: Active Number of Properties: 5 |
| # |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
| 1 |
100002048 |
575 6th Ave # 211 |
All Other Attached |
92101 |
0 |
1 |
632 |
ER |
$365,000 |
$577.53 |
30 |
|
| 2 |
090065784 |
575 6th # 1701 |
All Other Attached |
92101 |
1 |
1 |
750 |
EA |
$425,000 |
$566.67 |
84 |
|
| 3 |
100000662 |
575 6th Ave # 310 |
All Other Attached |
92101 |
2 |
2 |
1,032 |
ER |
$515,000 |
$499.03 |
37 |
|
| 4 |
100007193 |
575 6th Ave # 1406 |
All Other Attached |
92101 |
2 |
2 |
1,227 |
ER |
$675,000 |
$550.12 |
6 |
|
| 5 |
090067477 |
575 Sixth Ave # 1405 |
All Other Attached |
92101 |
2 |
2 |
1,195 |
ER |
$825,000 - $850,000 |
$711.30 |
80 |
|
| Min |
1 |
1 |
632 |
|
365,000 |
$499.03 |
6 |
|
| Max |
2 |
2 |
1,227 |
|
850,000 |
$711.30 |
84 |
|
| Average |
2 |
2 |
967 |
|
566,000 |
$580.93 |
47 |
|
| Property Type: Residential Status: Contingent Number of Properties: 1 |
| # |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
| 1 |
090009215 |
575 6th St # 1401 |
All Other Attached |
92101 |
1 |
1 |
750 |
ER |
$310,000 |
$413.33 |
261 |
|
| Min |
1 |
1 |
750 |
|
310,000 |
$413.33 |
261 |
|
| Max |
1 |
1 |
750 |
|
310,000 |
$413.33 |
261 |
|
| Average |
1 |
1 |
750 |
|
310,000 |
$413 |
261 |
|
| Property Type: Residential Status: Pending Number of Properties: 1 |
| # |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
| 1 |
100005459 |
575 6th Ave # 205 |
All Other Attached |
92101 |
1 |
1 |
764 |
ER |
$302,500 |
$395.94 |
16 |
02/11/2010 |
| Min |
1 |
1 |
764 |
|
302,500 |
$395.94 |
16 |
|
| Max |
1 |
1 |
764 |
|
302,500 |
$395.94 |
16 |
|
| Average |
1 |
1 |
764 |
|
302,500 |
$395.94 |
16 |
|
| Property Type: Residential Status: Sold Number of Properties: 8 |
| # |
ML # |
Address |
Zip |
Style |
Bd |
Bt |
Est SF |
LTP |
Price$ |
LP/SF |
SP |
SP/SF |
COE |
DOM |
| 1 |
080080662 |
575 6th # 809 |
92101 |
All Other Attached |
0 |
1 |
482 |
ER |
$299,000 - $329,000 |
$682.57 |
$225,000 |
$466.81 |
08/18/2009 |
258 |
| 2 |
090070271 |
575 6th Ave # 505 |
92101 |
All Other Attached |
1 |
1 |
679 |
ER |
$264,775 |
$389.95 |
$264,775 |
$389.95 |
01/28/2010 |
14 |
| 3 |
090039336 |
575 6th Ave # 1101 |
92101 |
All Other Attached |
1 |
1 |
653 |
EA |
$359,000 |
$549.77 |
$340,000 |
$520.67 |
02/11/2010 |
159 |
| 4 |
090045160 |
575 6th # 710 |
92101 |
All Other Attached |
2 |
2 |
1,032 |
ER |
$565,000 |
$547.48 |
$530,000 |
$513.57 |
12/04/2009 |
80 |
| 5 |
090025955 |
575 6th Avenue Ave # 2102 |
92101 |
All Other Attached |
2 |
2 |
1,013 |
ER |
$599,000 |
$591.31 |
$540,000 |
$533.07 |
01/22/2010 |
79 |
| 6 |
090032808 |
575 6th # 1706 |
92101 |
All Other Attached |
2 |
2 |
1,227 |
ER |
$667,000 |
$543.60 |
$665,000 |
$541.97 |
01/15/2010 |
174 |
| 7 |
080083977 |
575 Sixth Ave. # 2106 |
92101 |
All Other Attached |
2 |
2 |
1,227 |
ER |
$929,000 |
$757.13 |
$875,000 |
$713.12 |
12/04/2009 |
165 |
| 8 |
090030984 |
575 Sixth Ave. # 1505 |
92101 |
All Other Attached |
2 |
2 |
1,195 |
ER |
$949,000 |
$794.14 |
$875,000 |
$732.22 |
12/07/2009 |
24 |
| Min |
1 |
1 |
482 |
|
264,775 |
$389.95 |
$225,000 |
$389.95 |
|
14 |
| Max |
2 |
2 |
1,227 |
|
949,000 |
$794.14 |
$875,000 |
$732.22 |
|
258 |
| Average |
2 |
2 |
939 |
|
582,722 |
$606.99 |
$539,347 |
$551.42 |
|
119 |
|
For further information on any Downtown San Diego Condos contact:
Gregg Neuman
Gregg@sellSanDiego.com
1-800-221-2210
www.SellSanDiego.com
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