The Legend Downtown San Diego Market Update - January 2010 - San Diego Condos and San Diego Lofts

 

Thank you Downtown San Diego Homeowners!

Last year with your support, we at Neuman & Neuman successfully represented 39 Downtown San Diego homeowners sales that is more than $18.5 million dollars! There are still 13 additional sales in escrow, scheduled to close soon for another $5.5 million dollars!

This is the result of our hard work and your great help!

Do you need to sell your Downtown San Diego Home for less than the amount you actually owed on it?

A short-sale can be a good option!

 

You can avoid foreclosure of your Legend Downtown San Diego Home through a short-sale. We all know that a foreclosure can cause a potential long-term damage to your credit rating and negative tax implication. A short-sale is a very difficult task to do but it can save you from having a foreclosure on your credit record for ten years. It can also give you the chance to achieve a new loan in as little as two years.

Let us use our considerable experience to help and guide you through its complicated process. Time is important now! Visit at www.SellSanDiego.com our short-sale video. Feel free to call us at 1.800.221.2210.

 

The Legend Downtown San Diego Market Update - January 2010

Comparative Market Analysis

Property Type: Residential Status: Active Number of Properties: 14
#	ML #	Address	Style	Zip	Bd	Bt	Est SF	LTP	Price $	LP/SF	DOM	OMD
1	100003572	325 7th Ave # 303	All Other Attached	92101	1	1	807	ER	$320,000	$396.53	37
2	090056191	325 7th Ave # 309	All Other Attached	92101	2	2	927	ER	$464,000	$500.54	130
3	090037318	325 7th Ave # 1905	All Other Attached	92101	2	2	935	ER	$485,000	$518.72	239
4	100001687	325 7th # 609	All Other Attached	92101	2	2	934	ER	$519,800	$556.53	48
5	100007746	325 7th Ave # 1002	All Other Attached	92101	2	2	973	ER	$529,000	$543.68	17
6	090036387	325 7th Ave # 1606	All Other Attached	92101	2	2	973	EA	$548,500	$563.72	245
7	100006377	325 7th Ave # 901	All Other Attached	92101	2	2	1,234	ER	$574,000	$465.15	23
8	090067416	325 7th # 1008	All Other Attached	92101	2	2	1,169	ER	$629,000	$538.07	82
9	090055485	325 7th # 1301	All Other Attached	92101	2	2	1,169	ER	$632,400	$540.98	137
10	090017303	325 7th # 2006	All Other Attached	92101	2	2	1,138	ER	$674,900 - $699,000	$614.24	341
11	090039077	325 7th Ave # 2002	All Other Attached	92101	2	2	935	ER	$745,000	$796.79	231
12	100005526	325 7th Ave # 1703	All Other Attached	92101	2	2	973	ER	$799,000	$821.17	30
13	090051918	325 7th Ave # 605	All Other Attached	92101	2	2	1,208	ER	$850,000	$703.64	167
14	090068414	325 7th # 2004	All Other Attached	92101	2	2	1,466	ER	$895,000	$610.51	80
Min					1	1	807		320,000	$396.53	17
Max					2	2	1,466		895,000	$821.17	341
Average					2	2	1,060		620,693	$583.59	129

Property Type: Residential Status: Pending Number of Properties: 4
#	ML #	Address	Style	Zip	Bd	Bt	Est SF	LTP	Price $	LP/SF	DOM	OMD
1	100000258	325 7th Ave # 310	All Other Attached	92101	2	2	935	ER	$464,000	$496.26	38	02/10/2010
2	100000256	325 7th # 409	All Other Attached	92101	2	2	934	ER	$495,000	$529.98	19	01/22/2010
3	100000239	325 7th Ave # 1007	All Other Attached	92101	2	2	935	ER	$557,300	$596.04	44	02/10/2010
4	090067425	325 7th # 1401	All Other Attached	92101	2	2	1,169	ER	$632,400	$540.98	5	12/11/2009
Min					2	2	934		464,000	$496.26	5
Max					2	2	1,169		632,400	$596.04	44
Average					2	2	993		537,175	$540.82	27

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	100000252	325 7th # 1107	92101	All Other Attached	2	2	935	ER	$566,300	$605.67	$503,000	$537.97	01/06/2010	6
2	090053556	325 7th # 703	92101	All Other Attached	2	2	1,119	ER	$622,100	$555.94	$564,000	$504.02	10/22/2009	5
3	090005427	325 7th Ave # 1801	92101	All Other Attached	2	2	1,138	ER	$631,400	$554.83	$565,000	$496.49	09/24/2009	147
4	090037794	325 7th Ave # 1605	92101	All Other Attached	2	2	1,118	ER	$599,000	$535.78	$570,000	$509.84	09/09/2009	40
5	090028691	325 7th Avenue # 903	92101	All Other Attached	2	2	934	ER	$650,000	$695.93	$620,000	$663.81	10/15/2009	92
6	090069050	325 7th Ave # 2104	92101	All Other Attached	2	2	1,587	ER	$849,900	$535.54	$830,000	$523.00	02/05/2010	13
7	090036867	325 7th Ave # 2204	92101	All Other Attached	2	2	1,587	ER	$1,022,000	$643.98	$850,000	$535.60	08/28/2009	31
8	090067984	325 7th # 2103	92101	All Other Attached	2	2	1,500	EA	$969,000	$646.00	$879,000	$586.00	01/14/2010	9
Min					2	2	934		566,300	$535.54	$503,000	$496.49		5
Max					2	2	1,587		1,022,000	$695.93	$879,000	$663.81		147
Average					2	2	1,240		738,713	$596.71	$672,625	$544.59		43

 

 

For further information on any Downtown San Diego Condos contact:

 

Gregg Neuman

Gregg@sellSanDiego.com

1-800-221-2210

www.SellSanDiego.com