Downtown San Diego Annual Real Estate Market Trends

Zip Code: 92101

Downtown San Diego
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $423,688 $365,000 125 95 96.3%      
1999 $351,985 $270,000 145 48 95.5% -16.9% -26.0% 16.0%
2000 $521,274 $360,000 155 50 94.9% 48.1% 33.3% 6.9%
2001 $448,381 $361,250 208 61 95.4% -14.0% 0.3% 34.2%
2002 $490,816 $425,000 311 86 96.4% 9.5% 17.6% 49.5%
2003 $556,274 $494,850 610 71 97.0% 13.3% 16.4% 96.1%
2004 $706,997 $619,500 602 42 97.2% 27.1% 25.2% -1.3%
2005 $687,396 $567,250 844 63 96.7% -2.8% -8.4% 40.2%
2006 $686,973 $570,000 615 78 96.2% -0.1% 0.5% -27.1%
2007 $613,946 $515,000 613 74 95.8% -10.6% -9.6% -0.3%
2008 $552,956 $431,950 680 75 96.2% -9.9% -16.1% 10.9%
2009 $462,758 $377,500 801 71 97.2% -16.3% -12.6% 17.8%

To keep on top of the market, subscribe to our free monthly newsletter by clicking the subscribe button at the bottom right.

Detailed information on homes or neighborhoods can be had by calling or e-mailing us. Or, fill out our Buying or Selling forms located in the menu to the left.


DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.