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The Grande Condos – What’s Sold this Year?
November 15th, 2011 categories: The Grande
In the first three quarters of 2011, there have been 27 sales between the Grande North and Grande South towers. There are 442 condos between the two Grande highrises, which means just over 6% of the homes have changed hands in the first 9 months of 2011. During the same time period in 2010, there were 23 sales at The Grande condos.
Last year’s sales at The Grande(Q1-Q3) were slightly less numerous, but 2010 saw larger, more expensive condos sales with an average of $503.50/sq.ft. Q1-Q3 sales at The Grande of 2011 showed an average of $442.62/sq.ft, primarily a result of smaller units being sold(which equates to lesser views and lower prices).
Currently, there are 13 active listings between the Grande North and South towers, ranging from a $334,900 1 bedroom, to a $1,519,000 2br+den (E plan) condo. There are four contingent listings and five more that are in escrow. Although we haven’t seen prices rise, it looks like people still have faith in quality San Diego real estate!
There are many great buildings in downtown San Diego, but I’ll always love The Grande. For more information about The Grande, or any other San Diego real estate, please contact Denny Oh(me) at 858-243-2092 or [email protected] Thanks.
Click here to read more statistics about The Grande.
Click here to see what’s currently for sale at The Grande Condos.
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Good info Denny. Still waiting to see the sales price on 1805 – it’s been in escrow a LONG time.
You might have a typo in your figures above – the SP/LP for high priced units can’t be 103% as the SP is lower than the LP.
Hope you have a great Thanksgiving!
Hi Bob – it’s not a typo, it’s just confusing. The figures shown are not related as the go across left to right. The “high” SP/LP is just the highest SP/LP of all the sales. The highest LP was $1,725,000 and the highest SP was $1,500,000. Does that make sense? I didn’t create the chart, I just copied it from Sandicor(our MLS service).
Thanks. Happy Thanksgiving.