05May
By: Ryan Ponce On: May 5, 2017 In: Downtown San Diego, Market Update Comments: 0

May 2017 Market Update – Downtown San Diego Condo Market

We have seen a slight trend up in inventory. Over the last 3 months, we have averaged about 60 sales a month in downtown, but we also had 125 new listings hit the market in April. The number of active listings jumped over the 200 mark, landing at 204.

The average price and price per square foot declined a bit after the sudden spike in March. Overall, the average sales price is up about 3.8% from April of 2016 to April of 2017 and the average price per square foot is up about 9.0% from the previous year.

If you are looking to purchase a home in Downtown San Diego, it important to have a competitive edge. Find out what mistakes buyers are making when purchasing property downtown. It could cost you time, money, and your perfect home!

Homes are selling quickly and for more money! Learn how to avoid common mistakes sellers are making in Downtown San Diego so you can net more money when selling your home! There is a difference between listing your home and selling it for top dollar.

What’s Your Home Worth?

Find the market value of your home for FREE!

Name (required)

Email (required)

Property Address (required)

Average Vs. Median Sales Price in 92101

  • Average Sales Price
  • Median Sales Price

Average Vs. Median Price Per Square Foot

  • Average Price Per Square Foot ($)
  • Median Price Per Square Foot ($)

Average Vs. Median Market Time

  • Average Market Time
  • Median Market Time

Average Vs. Median Active Market Time

  • Average Active Market Time
  • Median Active Market Time

Months Supply of Inventory Actual

# Active Listings / # Sales That Month

Months Supply of Inventory Forecast (Pending Listings)

# Active Listings / # Pending That Month

Average Vs. Median List to Sales Price (%)

  • Average List to Sales (%)
  • Median List to Sales (%)

Number of Sales

New Listings

Active Listings

Pending Listings

Sales Volume ($) in the Millions

*All information is deemed reliable, but not guaranteed. Information obtained through the Sandicor MLS on May 5th, 2017.

Give me a call today at (619) 228-6790 or email me at Ryan@livingthesandiegolife.com for more information or to schedule a tour of the neighborhood!

And Always Remember, It Matters Who You Work With!

Leave reply: