Downtown San Diego Median Condo Price 2008

The Down Town median condo price for 2007 was $538,000.

This median condo price for Downtown San Diego condos was $52,000 less than last years median condo price of $590,000. It is $ 82,000 less than the peak median condo price of $620,000 in 2004. The Downtown San Diego condo market is somewhat saturated with many bank owned condos, foreclosures and short sales. Many of the new Downtown San Diego projects, new condo developments in Downtown San Diego were put on hold because of the slowing market. It’s a good thing they did or we would really have some inventory problems now in 2008.

Downtown San Diego is still a very desirable place to live in San Diego. San Diego is a great city and if you have ever visited San Diego especially in the past few years you know what I mean. With attractions like PETCO Park and the San Diego Padres, Gaslamp, Little Italy and so many other great downtown areas, the Downtown San Diego scene is very happening. Right now its bargain time for Downtown San Diego real estate and in February 2008 there are over 400 condos on the market in 92101 Downtown San Diego. Call us to preview these San Diego Condos.