The Grande Downtown San Diego Condos Market Update January 2010
Many Thanks to Our Downtown San Diego Homeowners!
Last 2009, with your support, 39 Downtown San Diego homeowners in the 92101 zip were successfully represented on their San Diego Downtown Condominium sale or purchase. These sales totaled to an incredible $18.5 million dollars! 13 additional sales are currently in escrow and are about to close soon, which will bring this total to $24 million dollars!
We owe our success to you!
Thanks for your wholehearted trust and support!
If you owe more on your Downtown San Diego Home than it is now worth and need to sell, maybe you should consider a short-sale.
By enabling you to avoid a possible foreclosure, a short sale on your The Grande Downtown San Diego Condominium can lessen the potential long-term damage your credit rating may suffer from, as well as minimize the negative tax implications resulting from a foreclosure. This has never been an easy nor fun process, but it can save a seller's credit record from having a foreclosure for 10 years. It will also let you obtain a new loan in as short as 2 years.
Time is a critical issue, so go ahead and contact us as soon as possible so we can lend you our considerable expertise in navigating through the necessary steps. This is not an obligation! Go to www.SellSanDiego.com and watch a short video explaining short-sales in detail. You may also call us at 1-800-221-2210.
THE GRANDE DOWNTOWN SAN DIEGO MARKET UPDATE - JANUARY 2010
Comparative Market Analysis
|
Property Type: Residential
Status: Active
Number of Properties: 31
|
|
# |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
|
1
|
100004197
|
1205 Pacific # 2204
|
All Other Attached
|
92101
|
1
|
2
|
899
|
ER
|
$525,000
|
$583.98
|
20
|
|
|
2
|
090059579
|
1199 Pacific Highway # 704
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
EA
|
$590,000
|
$441.62
|
113
|
|
|
3
|
090055786
|
1205 Pacific Highway # 403
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
ER
|
$585,000 - $615,000
|
$460.33
|
138
|
|
|
4
|
100005465
|
1199 Pacific Hwy Dr # 504
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
ER
|
$599,000 - $615,000
|
$460.33
|
14
|
|
|
5
|
090022518
|
1205 Pacific Hwy # 1103
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
ER
|
$620,000
|
$464.07
|
301
|
|
|
6
|
090065766
|
1199 Pacific Highway # 705
|
All Other Attached
|
92101
|
2
|
2
|
1,625
|
ER
|
$625,000
|
$384.62
|
85
|
|
|
7
|
090070412
|
1199 Pacific Highway # 1502
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
P
|
$649,000
|
$489.81
|
44
|
|
|
8
|
090041081
|
1205 Pacific Hwy # 1105
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$649,000 - $670,000
|
$505.66
|
209
|
|
|
9
|
090014293
|
1199 Pacific Highway Hwy # 501
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$689,000
|
$409.14
|
341
|
|
|
10
|
100002591
|
1199 Pacific Hwy # 1302
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$699,500
|
$527.92
|
28
|
|
|
11
|
090066957
|
1199 Pacific Highway # 2802
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$738,900
|
$557.66
|
70
|
|
|
12
|
100004847
|
1205 Pacific Hwy # 2905
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
EA
|
$749,000
|
$565.28
|
16
|
|
|
13
|
100006312
|
1205 Pacific Hwy # 2903
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
ER
|
$759,000
|
$568.11
|
10
|
|
|
14
|
100003713
|
1205 Pacific Hwy # 109
|
All Other Attached
|
92101
|
2
|
3
|
1,890
|
ER
|
$849,000
|
$449.21
|
23
|
|
|
15
|
090069507
|
1205 Pacific Hwy # 3305
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$919,000
|
$693.59
|
60
|
|
|
16
|
100007293
|
1205 Pacific Hwy # 2606
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$950,000
|
$564.13
|
16
|
|
|
17
|
090054265
|
1205 Pacific # 606
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$985,000
|
$584.92
|
141
|
|
|
18
|
090048750
|
1205 Pacific Hwy # 701
|
All Other Attached
|
92101
|
2
|
2
|
1,945
|
ER
|
$925,000 - $995,000
|
$511.57
|
168
|
|
|
19
|
090058372
|
1199 Pacific Highway # 706
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
EA
|
$995,000
|
$511.83
|
119
|
|
|
20
|
100005126
|
1205 Pacific Hwy # 3206
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$1,070,000
|
$635.39
|
16
|
|
|
21
|
090068559
|
1199 Pacific Hwy # 3101
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$999,000 - $1,075,000
|
$638.36
|
59
|
|
|
22
|
090023359
|
1205 Pacific Hwy # 2906
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$1,099,000
|
$652.61
|
296
|
|
|
23
|
100006908
|
1199 Pacific Hwy # 1005
|
All Other Attached
|
92101
|
2
|
2
|
1,625
|
ER
|
$1,125,000
|
$692.31
|
7
|
|
|
24
|
090070660
|
1199 Pacific Hwy # 3201
|
All Other Attached
|
92101
|
2
|
2
|
1,684
|
ER
|
$1,139,000
|
$676.37
|
42
|
|
|
25
|
100003980
|
1199 Pacific Highway # 1506
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$1,150,000 - $1,350,000
|
$694.44
|
21
|
|
|
26
|
100002326
|
1199 Pacific # 1406
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$1,400,000
|
$720.16
|
27
|
|
|
27
|
080074337
|
1205 Pacific Hwy # 3702
|
All Other Attached
|
92101
|
3
|
2
|
1,844
|
ER
|
$1,499,000
|
$812.91
|
468
|
|
|
28
|
090068826
|
1205 Pacific # 2901
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$1,500,000
|
$771.61
|
58
|
|
|
29
|
100001780
|
1205 Pacific Highway # 3901
|
All Other Attached
|
92101
|
2
|
2
|
1,945
|
EA
|
$2,185,000
|
$1,123.39
|
31
|
|
|
30
|
090064044
|
1199 Pacific Highway # PH3603
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$2,790,000
|
$1,435.18
|
89
|
|
|
31
|
100001638
|
1119 Pacific Hwy
|
Townhome
|
92101
|
2
|
3
|
1,956
|
ER
|
$810,000
|
$414.11
|
33
|
|
|
Min
|
1
|
2
|
899
|
|
525,000
|
$384.62
|
7
|
|
|
Max
|
3
|
3
|
1,956
|
|
2,790,000
|
$1,435.18
|
468
|
|
|
Average
|
2
|
2
|
1,609
|
|
1,009,013
|
$612.92
|
99
|
|
|
Property Type: Residential
Status: Contingent
Number of Properties: 3
|
|
# |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
|
1
|
090066271
|
1205 Pacific # 2904
|
All Other Attached
|
92101
|
1
|
2
|
899
|
EA
|
$435,000
|
$483.87
|
73
|
|
|
2
|
090070158
|
1199 Pacific # 2703
|
All Other Attached
|
92101
|
1
|
2
|
899
|
ER
|
$475,000
|
$528.37
|
211
|
|
|
3
|
080078546
|
1199 Pacific Hwy # 2805
|
All Other Attached
|
92101
|
2
|
2
|
1,625
|
ER
|
$955,000
|
$587.69
|
448
|
|
|
Min
|
1
|
2
|
899
|
|
435,000
|
$483.87
|
73
|
|
|
Max
|
2
|
2
|
1,625
|
|
955,000
|
$587.69
|
448
|
|
|
Average
|
1
|
2
|
1,141
|
|
621,667
|
$533
|
244
|
|
|
Property Type: Residential
Status: Pending
Number of Properties: 4
|
|
# |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
|
1
|
090066289
|
1205 Pacific Highway # 1805
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$597,900
|
$451.25
|
22
|
12/22/2009
|
|
2
|
090065834
|
1199 Pacific Highway # 2804
|
All Other Attached
|
92101
|
2
|
2
|
1,336
|
ER
|
$750,000
|
$561.38
|
49
|
01/12/2010
|
|
3
|
100006070
|
1205 Pacific Hwy # 3205
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$759,900
|
$573.51
|
3
|
02/04/2010
|
|
4
|
100002634
|
1205 Pacific Highway # 801
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$849,950
|
$437.22
|
7
|
01/21/2010
|
|
Min
|
2
|
2
|
1,325
|
|
597,900
|
$437.22
|
3
|
|
|
Max
|
2
|
2
|
1,944
|
|
849,950
|
$573.51
|
49
|
|
|
Average
|
2
|
2
|
1,483
|
|
739,438
|
$505.84
|
20
|
|
|
Property Type: Residential
Status: Sold
Number of Properties: 14
|
|
# |
ML # |
Address |
Zip |
Style |
Bd |
Bt |
Est SF |
LTP |
Price$ |
LP/SF |
SP |
SP/SF |
COE |
DOM |
|
1
|
090062445
|
1205 Pacific Highway # 504
|
92101
|
All Other Attached
|
1
|
2
|
889
|
ER
|
$310,000
|
$348.71
|
$310,000
|
$348.71
|
12/31/2009
|
17
|
|
2
|
090048238
|
1205 Pacific # 2804
|
92101
|
All Other Attached
|
1
|
2
|
899
|
ER
|
$399,500
|
$444.38
|
$406,000
|
$451.61
|
11/12/2009
|
59
|
|
3
|
090041934
|
1205 Pacific Highway # 1304
|
92101
|
All Other Attached
|
1
|
2
|
899
|
ER
|
$429,000
|
$477.20
|
$415,000
|
$461.62
|
08/27/2009
|
5
|
|
4
|
090025677
|
1199 PACIFIC HIGHWAY # 201
|
92101
|
All Other Attached
|
2
|
2
|
1,336
|
ER
|
$395,000 - $449,000
|
$336.08
|
$440,000
|
$329.34
|
08/07/2009
|
65
|
|
5
|
090062738
|
1205 Pacific # 2105
|
92101
|
All Other Attached
|
2
|
2
|
1,325
|
ER
|
$619,900
|
$467.85
|
$602,000
|
$454.34
|
12/18/2009
|
25
|
|
6
|
090050379
|
1205 Pacific # 2805
|
92101
|
All Other Attached
|
2
|
2
|
1,325
|
ER
|
$629,900
|
$475.40
|
$620,000
|
$467.93
|
11/20/2009
|
29
|
|
7
|
090006879
|
1205 Pacific # 702
|
92101
|
All Other Attached
|
2
|
2
|
1,625
|
ER
|
$665,000 - $680,000
|
$418.46
|
$655,000
|
$403.08
|
10/01/2009
|
241
|
|
8
|
090052050
|
1199 PACIFIC HIGHWAY # 405
|
92101
|
All Other Attached
|
2
|
2
|
1,625
|
ER
|
$689,000
|
$424.00
|
$675,000
|
$415.38
|
10/06/2009
|
23
|
|
9
|
090044019
|
1199 Pacific Highway # 1505
|
92101
|
All Other Attached
|
2
|
2
|
1,625
|
ER
|
$799,990
|
$492.30
|
$700,000
|
$430.77
|
12/24/2009
|
135
|
|
10
|
090042763
|
1199 Pacific Highway # 2404
|
92101
|
All Other Attached
|
2
|
2
|
1,336
|
ER
|
$749,000
|
$560.63
|
$740,000
|
$553.89
|
12/03/2009
|
127
|
|
11
|
090044779
|
1205 Pacific Highway # 3103
|
92101
|
All Other Attached
|
2
|
2
|
1,336
|
ER
|
$759,000
|
$568.11
|
$759,000
|
$568.11
|
10/19/2009
|
29
|
|
12
|
090066868
|
1205 Pacific # 3302
|
92101
|
All Other Attached
|
2
|
2
|
1,625
|
ER
|
$856,900
|
$527.32
|
$860,000
|
$529.23
|
01/15/2010
|
7
|
|
13
|
090058049
|
1199 Pacific Hwy # 1006
|
92101
|
All Other Attached
|
2
|
2
|
1,944
|
ER
|
$1,075,000
|
$552.98
|
$940,000
|
$483.54
|
01/20/2010
|
62
|
|
14
|
090063469
|
1199 Pacific Hwy # 3106
|
92101
|
All Other Attached
|
2
|
2
|
1,944
|
ER
|
$1,495,000
|
$769.03
|
$1,375,000
|
$707.30
|
12/30/2009
|
39
|
|
Min
|
1
|
2
|
889
|
|
310,000
|
$336.08
|
$310,000
|
$329.34
|
|
5
|
|
Max
|
2
|
2
|
1,944
|
|
1,495,000
|
$769.03
|
$1,375,000
|
$707.30
|
|
241
|
|
Average
|
2
|
2
|
1,410
|
|
710,085
|
$490.18
|
$678,357
|
$471.78
|
|
62
|
|
Property Type: Residential
Status: Expired
Number of Properties: 1
|
|
# |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
|
1
|
090063503
|
1205 Pacific Hwy # 3001
|
All Other Attached
|
92101
|
2
|
2
|
1,944
|
ER
|
$1,725,000
|
$887.35
|
92
|
02/11/2010
|
|
Min
|
2
|
2
|
1,944
|
|
1,725,000
|
$887.35
|
92
|
|
|
Max
|
2
|
2
|
1,944
|
|
1,725,000
|
$887.35
|
92
|
|
|
Average
|
2
|
2
|
1,944
|
|
1,725,000
|
$887.35
|
92
|
|
|
Property Type: Residential
Status: Withdrawn
Number of Properties: 1
|
|
# |
ML # |
Address |
Style |
Zip |
Bd |
Bt |
Est SF |
LTP |
Price $ |
LP/SF |
DOM |
OMD |
|
1
|
090067729
|
1199 Pacific Highway Hwy # #402
|
All Other Attached
|
92101
|
2
|
2
|
1,325
|
ER
|
$579,000
|
$436.98
|
63
|
02/09/2010
|
|
Min
|
2
|
2
|
1,325
|
|
579,000
|
$436.98
|
63
|
|
|
Max
|
2
|
2
|
1,325
|
|
579,000
|
$436.98
|
63
|
|
|
Average
|
2
|
2
|
1,325
|
|
579,000
|
$436.98
|
63
|
|
|
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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