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July 9, 2008
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for San Diego, California

Reported by Dawn Lewis, REALTOR

Updated July 8, 2008.

Current Market Rating: 2




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2
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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

BEST HOME SEARCH IN SAN DIEGO - SEE EVERY HOME FOR SALE WITH ALL PICS AND DETAILED MAPS - FASTEST SAN DIEGO HOME SEARCH - FREE VIP MEMBERSHIP --- ON MY WEB SITE!!! Downtown San Diego Median Condo Price 2008
The Downtown San Diego 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.

Year Med Price

1988 $162,500
1989 $150,000
1990 $183,000
1991 $200,000
1992 $175,000
1993 $153,000
1994 $154,000
1995 $166,250
1996 $160,000
1997 $175,500
1998 $210,000
1999 $260,000
2000 $350,000
2001 $326,000
2002 $405,000
2003 $479,000
2004 $620,000
2005 $597,500
2006 $590,000
2007 $538,000

For advice from the San Diego real estate experts on buying or selling in San Diego call Dawn Lewis today at 619-656-6700 or visit our web site.



ZIP Codes: 92127, 92101, 92187, 92184, 92182, 92065, 92158, 92179

Location Characteristics: Visit my web site for details about San Diego.

For More Information:

View Market Conditions of other areas served by Dawn Lewis

Navigate: Top > California > San Diego

About Dawn Lewis:
Dawn Lewis - San Diego's Real Estate Expert - Over 18 years experience over 1,000 homes sold. Call Dawn Lewis today 619-656-6700. My personal cell 619-981-3917, Dawn.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.



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Mortgage Rates
30 Year Fixed: 6.35%
15 Year Fixed: 5.92%
1 Year Adj: 5.17%
(U.S. Weekly Averages)

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