We actually have a decent selection of real estate for sale in the Downtown San Diego for mid April 2014. Based on the close of March 2014, Downtown is in a “normal real estate market” but we are starting to see signs of shift back to a “seller’s real estate market” as inventory is declining and the number of sales continues to rise.
The most exciting news to report is the median sales price. We have not seen a number as high as $523,750 since 2008! Some statistics to note for the Downtown San Diego real estate market below:
- Median Price: $523,750… Haven’t had a median number that high since 2008!
- Active Market Time to Sell a Downtown Condo: 20-30 days.
- Total Sales March 2014: 64 Sales.
- Currently 271 Active Listings for Sale.
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