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

Discovery Downtown San Diego Condos Market Update - January 2010

Thanks to Our Downtown San Diego Homeowners!

Our total sales for 2009 reached $18.5 million with the help of our 39 San Diego Downtown Condo owners! Closing soon are 13 sales in escrow, which will add another $5.5 million! Thank you San Diego Downtown!

 

Short-Sell Your Home to Avoid Foreclosure

For financially distressed Discovery Condo owners in Downtown San Diego, short-sales may be the best solution to avoid getting foreclosed. Short-sales can protect your credit rating from potential long-term damage caused by a foreclosure. In many cases, banks will let you get a new loan in as little as 2 years.

Watch our video on short-sales to learn about the details of this complicated process. Don't hesitate to call us at 1-800-221-2210 to get professional assistance in going through this method.

 

Discovery Downtown San Diego Condos Market Update - January 2010

Comparative Market Analysis
 
Property Type: Residential Status: Active Number of Properties: 3
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 100007824 850 Beech St # 517 All Other Attached 92101 1 1 850 ER $249,900 $294.00 23  
2 090047447 850 Beech St # 209 All Other Attached 92101 2 2 1,040 ER $319,000 $306.73 107  
3 090044479 850 Beech # 1904 All Other Attached 92101 2 2 1,615 ER $749,000 $463.78 209  
Min 1 1 850   249,900 $294.00 23  
Max 2 2 1,615   749,000 $463.78 209  
Average 2 2 1,168   439,300 $354.84 113  
 
Property Type: Residential Status: Contingent Number of Properties: 6
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 090000713 850 Beech # 416 All Other Attached 92101 2 2 1,070 ER $305,000 $285.05 421  
2 090057231 850 Beech St. # 309 All Other Attached 92101 2 2 1,070 ER $330,000 $308.41 144  
3 100004966 850 BEECH St # 710 All Other Attached 92101 2 2 1,230 ER $339,000 $275.61 35  
4 090068157 850 Beech # 814 All Other Attached 92101 2 2 1,230 ER $349,900 $284.47 82  
5 090027048 850 Beech St # 911 All Other Attached 92101 2 2 1,230 ER $379,000 $308.13 298  
6 090049159 850 Beech St # 709 All Other Attached 92101 2 2 1,383 ER $449,000 $324.66 84  
Min 2 2 1,070   305,000 $275.61 35  
Max 2 2 1,383   449,000 $324.66 421  
Average 2 2 1,202   358,650 $298 177  
 
Property Type: Residential Status: Pending Number of Properties: 2
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 090051374 850 Beech # 214 All Other Attached 92101 1 1 861 ER $225,000 $261.32 118 01/05/2010
2 090069912 850 Beech St # 508 All Other Attached 92101 2 2 1,070 ER $319,900 $298.97 54 03/01/2010
Min 1 1 861   225,000 $261.32 54  
Max 2 2 1,070   319,900 $298.97 118  
Average 2 2 966   272,450 $280.15 86  
 
Property Type: Residential Status: Sold Number of Properties: 6
# ML # Address Zip Style Bd Bt Est SF LTP Price$ LP/SF SP SP/SF COE DOM
1 090034740 850 Beech # 702 92101 All Other Attached 1 2 793 ER $224,900 $283.61 $200,000 $252.21 09/17/2009 56
2 090060472 850 Beech # 307 92101 All Other Attached 2 2 1,070 ER $269,900 $252.24 $305,000 $285.05 12/14/2009 14
3 076065683 850 BEECH STREET # 105 92101 All Other Attached 2 3 1,329 ER $358,000 - $361,000 $271.63 $367,000 $276.15 02/10/2010 839
4 090034352 850 Beech Street St # 1403 92101 All Other Attached 2 2 1,230 ER $425,000 $345.53 $420,000 $341.46 02/23/2010 191
5 090055853 850 Beech # 1303 92101 All Other Attached 2 2 1,230 ER $415,000 - $485,000 $394.31 $475,000 $386.18 11/24/2009 19
6 090055374 850 Beech # 103 92101 Townhome 2 3 1,329 ER $389,900 $293.38 $399,900 $300.90 11/18/2009 18
Min 1 2 793   224,900 $252.24 $200,000 $252.21   14
Max 2 3 1,329   485,000 $394.31 $475,000 $386.18   839
Average 2 2 1,164   359,283 $306.78 $361,150 $306.99   190
 
Information Deemed Reliable But Not Guaranteed

 

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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