Icon Downtown San Diego Condo Market Update - January 2010 - San Diego Condos and San Diego Lofts

Icon Downtown San Diego Condo Market Update - January 2010

 

Thanks to Our Downtown San Diego Homeowners

We successfully represented 39 San Diego Downtown homeowners our sales and purchases of San Diego Downtown Condos that reached a total of $18.5 million in 2009. There are 13 deals in escrow still that are soon to close with the total of $5.5 million! Big thanks for your help and support!

 

Do you want to short sell your house?

Signing away home ownership in the manner that destroys your credit is one of the hardest things to do. For Icon Downtown San Diego Condo homeowners who can no longer afford to maintain their mortgages payments updated, a short sale is one of the best alternatives to foreclosure proceedings. There are many reasons to avoid a foreclosure. Aside from the fact that it embarrasses the family, a big factor is that it will ruin your credit record.

We at Neuman & Neuman have a reputable experience in handling a short sale procedure. We can help you to make this process easier. Visit us at www.SellSanDiego.com and watch our video about short sales. You can also call us at 1-800-221-2210.

 

Icon Downtown San Diego Condo Market Update - January 2010


Comparative Market Analysis

Property Type: Residential Status: Active Number of Properties: 11
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 100006356 350 11th Ave # 728 All Other Attached 92101 1 1 656 EA $255,000 $388.72 23
2 090069380 350 11th Ave # 627 All Other Attached 92101 1 1 673 ER $284,900 $423.33 69
3 090065980 321 10th # 304 All Other Attached 92101 1 1 671 EA $329,000 $490.31 92
4 090045785 350 11th # 318 All Other Attached 92101 1 1 656 ER $330,000 $503.05 192
5 080067553 350 11th Ave # 341 All Other Attached 92101 1 1 1,009 EA $389,000 $385.53 512
6 100007853 350 11th Ave # 116 All Other Attached 92101 0 1 1,079 ER $425,000 $393.88 17
7 100007787 321 10th Ave # 508 All Other Attached 92101 2 4 1,077 ER $529,900 - $549,900 $510.58 17
8 100001606 321 10th # 212 All Other Attached 92101 2 3 1,341 ER $549,000 - $599,000 $446.68 47
9 090063031 321 10th Ave # 2301 All Other Attached 92101 2 2 1,103 ER $635,000 $575.70 112
10 090031330 350 11th Ave # 1131 All Other Attached 92101 2 3 1,350 EA $679,000 $502.96 269
11 090070697 350 11th # 918 Townhome 92101 1 2 1,200 EA $769,000 - $809,000 $674.17 56
Min 1 1 656
255,000 $385.53 17
Max 2 4 1,350
809,000 $674.17 512
Average 1 2 983
480,436 $481.36 128

Property Type: Residential Status: Contingent Number of Properties: 2
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 090065497 350 11 Ave # 926 All Other Attached 92101 1 1 674 ER $225,000 $333.83 95
2 090030702 350 11th Avenue # 521 All Other Attached 92101 1 1 776 ER $270,000 $347.94 274
Min 1 1 674
225,000 $333.83 95
Max 1 1 776
270,000 $347.94 274
Average 1 1 725
247,500 $341 185

Property Type: Residential Status: Pending Number of Properties: 3
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 100007075 350 11th Ave # 623 All Other Attached 92101 2 3 1,464 ER $459,000 $313.52 14 02/18/2010
2 090051046 321 10th Ave # 215 All Other Attached 92101 2 3 1,265 ER $529,000 - $579,000 $457.71 116 01/18/2010
3 090028645 350 11th Ave # 616 All Other Attached 92101 3 3 1,600 ER $850,000 $531.25 270 02/09/2010
Min 2 3 1,265
459,000 $313.52 14
Max 3 3 1,600
850,000 $531.25 270
Average 2 3 1,443
629,333 $434.16 133

Property Type: Residential Status: Sold Number of Properties: 3
# ML # Address Zip Style Bd Bt Est SF LTP Price$ LP/SF SP SP/SF COE DOM
1 100002914 350 11th # 827 92101 All Other Attached 1 1 673 ER $250,000 $371.47 $277,400 $412.18 01/15/2010 0
2 090054195 321 10th # 201 92101 All Other Attached 2 2 1,103 EA $359,900 $326.29 $440,000 $398.91 11/12/2009 14
3 090031592 321 10th Avenue # 907 92101 All Other Attached 2 2 1,103 ER $519,900 $471.35 $519,000 $470.54 12/23/2009 97
Min 1 1 673
250,000 $326.29 $277,400 $398.91
14
Max 2 2 1,103
519,900 $471.35 $519,000 $470.54
97
Average 2 2 960
376,600 $389.70 $412,133 $427.21
56

Property Type: Residential Status: Expired Number of Properties: 1
# ML # Address Style Zip Bd Bt Est SF LTP Price $ LP/SF DOM OMD
1 090043259 350 11th Street # #518 All Other Attached 92101 1 1 656 ER $239,000 $364.33 196 02/23/2010
Min 1 1 656
239,000 $364.33 196
Max 1 1 656
239,000 $364.33 196
Average 1 1 656
239,000 $364.33 196

 

 

 

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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