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Downtown San Diego Real Estate Market November 2014

Downtown San Diego Real Estate Market November 2014

Downtown San Diego Median Condo Sales Price For November 2014

Our Downtown San Diego real estate market trends page was just updated to include condo sales data for November 2014 as was reported by SDAR & Sandicor.

In short, including November 2014 sales data, year-to-date the median sales price for Downtown San Diego Condos was up by 4.5 percent to $465,000. The overall median sales price in the County for San Diego Condos, including downtown was also up by 11.4 percent to $323,000.

While November was the slowest month of the year so far, pending condo sales in downtown jumped by 33.3 percent over those to previous year to 64. Everything else remained slow at lower levels to those of the previous year. New condo listings as well as available condo inventory both were down by 3.6 and 19.8 percent respectively.

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New Feature! Downtown San Diego Condo Market Monthly Charts

Downtown San Diego Condo Market Monthly Charts

We have added a new feature to AllSanDiegoCondos.com for you that want to see a bit more detailed data and charts for the Downtown San Diego condos market. We have added an interactive Downtown San Diego Condo Market Charts page that includes 6 charts showing monthly condo market data that is also compared to that of the previous year.

Monthly comparisons data charts include: New Listings Chart, Pending Condo Sales Chart, Closed Condo Sales Chart, Median Condo Sales Price Chart, Days On Market Until Sale Chart and a Months Supply Of Inventory Chart.

These charts are updated monthly with the previous month’s market data as reported by SDAR & Sandicor.

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San Diego Real Estate Sales for June 2014

San Diego real estate market statistics for June 2014 as reported by SDAR and Sandicor: Read full report on San Diego Real Estate Sales for June 2014

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San Diego Downtown Sales History (2000 – 2012)

The above chart based on monthly sales data from Sandicor and SDAR, we can see that median sale prices in downtown San Diego reached their highs in November 2004 (at $620,000). Since then, median sale prices were at their previous low in April of 2009 and reached their lowest in January 2011 at $324,500 in a one month unexpected peak. Currently as of July 2012 median prices are at $377,500.

Search for condos in downtown San Diego or see currently available listings in select luxury high rise in downtown San Diego

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San Diego Median Sales Price History (1999 – 2012)

On the above chart which is based on monthly sales data from Sandicor and SDAR, we see that median sale prices on attached homes (condos) and detached single family homes in San Diego County kept increasing flat throught the year. Before that, overall median sales prices had remained flat since the mid of 2009 with a few spikes here and there.

After seeing the median home sales price falling on a monthly basis for 2 years since 2007, being flat for the next 3 and now a modest increase through July of 2012, does that mean that home prices in San Diego are about to rise? All indicators, combined with historic low interst rates point to that.

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