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A slight Decrease in the Average Sale Price for Downtown Condos

By
Real Estate Broker/Owner with 92101 Urban Living

A slight Decrease in the Average Sale Price for Downtown San Diego Condos

As mentioned in our blog “Number of Downtown San Diego Condos Sold has Been Increasing from Month to Month” the average sale price for April ($465,479) shows a slight decrease from March ($472,696). We started out the year with an average sale price of $380,970 and went up slighty in February to $388,745 and then thereafter a slight decrease for March and April. The reason for the lower sale price for April is the Developer Sales over at Smart Corner in the East Village neighborhood. Many of the sales in this complex were under $200,000.

To read and compare other Downtown San Diego Real Estate blogs click on Average Sale Price for Downtown San Diego Condos from April 2011 to March 2012 and Resale’s of Downtown San Diego Condos Are Getting Strong