Alta Downtown San Diego Condos Market Update - January 2010 - San Diego Condos and San Diego Lofts

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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