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Sales Statistics

Downtown San Diego Condo Watch

What’s the Downtown San Diego market doing? Are prices going up? Down? Is there more inventory now that the market has slowed down? Are you waiting for that perfect deal?

Inventory1

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Authored by Denny Oh | Discussion: No Comments »

Who Sells the Most Condos at The Grande?

#1Since 2004, when the first Grande tower was completed, Scott-Finn and Associates has been responsible for 40 condo sales at The Grande. Currently, between the north and south towers, we have 8 listings, one of which is in escrow (currently there are 31 actives and 6 pendings). The 40 sales Scott–Finn and Associates has been involved in represents over 20% of all the sales in the two towers combined (197 sales, not including sales from Bosa). Those sales also include 4 penthouse units (we currently have 3 penthouses listed).

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Authored by Denny Oh | Discussion: 2 Comments »

Park Place 2007 vs Q1 2008 Sales Statistics

In 2007,Park Place only had a total of 8 sales, out of it’s 178 units. This 4.5% of sales at Park Place was way below The Grande’s 24.4% of sales in 2007. This goes back to my statement that Park Place is one of the most desirable buildings in Downtown San Diego and that people don’t want to leave it.

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2008 First Quarter Sales Statistics - The Grande, Downtown San Diego

Last year, 2007, there were 54 sales between the two Grande towers. The average sales price per square foot was $638, putting the average sales price per unit at $954,332. In the first quarter of 2008, The Grande towers have had 15 sales, showing that the market is on par(even slightly higher) with 2007’s pace.

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Authored by Denny Oh | Discussion: 2 Comments »

San Diego Home Prices are Falling

Chickenlittle01Home values are down and price reductions happen every minute. Foreclosures and short sales are everywhere and developers are doing whatever they can to get rid of their unsold inventory. Right? Is the sky really falling?

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2007 Sale Statistics at The Grande, San Diego

In 2007, The Grande at Santa Fe Place had 54 sales between the two towers. With a total of 442 homes, this means that 12.2% of these changed hands. Here is a brief summary of what The Grande and its residents contributed to.

The Grande Sales Statistics 2007

  Br Ba SqFt LP SP SP/SqFt SP/LP DOM
High 3 2 1,956 $2,225,000 $2,150,000 $1,105 100% 352
Low 1 2 899 $515,000 $442,000 $460 83% 3
Avg 2 2 1,448 $1,004,655 $954,332 $638 95% 74

For a current list of homes for sale at The Grande, or any other buildings, please contact Denny Oh at 858-243-2092, or at dennyoh@prusd.com.

*Click here to see a list of all the homes currently for sale at The Grande. 

Other Must Reads:

The Grande at Santa Fe Place
Who’s Going to Block My Views?
BOSA Development

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2006 vs 2007 Downtown San Diego Condo Sales Statistics

YouTube…one of the most successful online ventures, has made it easy for anyone and everyone to share their videos with the rest of the world. It’s so easy, that honestly, anyone can do it. You can see clips about random people’s Sunday afternoons, to crazy sports clips, to tv shows…if you can think of it, it’s probably on YouTube.

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Authored by Denny Oh | Discussion: 1 Comment »

San Diego is… A) Over Priced B) Over Built C) In a Bubble D) The Most Under Valued Metropolitan…?

Downtown-san-diego

For those of you who are new to blogs, or real estate blogs, join the club. I signed up with the Real Estate Tomato just a few months ago and since then, I’ve been running from blog to blog, reading and learning about how to write blogs, how to increase my search engine optimization, to reading blogs about blogs.

What I’ve discovered, or rather confirmed, is that you can read about anything and everything on the internet. That’s why it was that much more exciting when one of my blogs was chosen by Mathew Padilla of the OC Register, as one of the top three blogs he came across in the Carnival of Real Estate.

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Authored by Denny Oh | Discussion: 5 Comments »

Downtown San Diego Condo Sales up 23.7%!

Sold-sign-739635So what’s going on with the Downtown real estate market? Is the bubble going to burst? Has it already? Well here’s just a snapshot of what’s recently been going on. In July of 2006, there were 48 sales in the 92101 area. Most condos were on the market for 92 days and the average asking price for a condo was $646,467, while the average sales price was $642,287 – a 0.7% discount. July of 2007 sold almost 13% more condos, with 55 sales, but the average sales price dropped to $602,621 – a 4% discount.

Now on to August….

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Who Sells the Most Homes in San Diego?

Basic pru

Here’s why you should work with a Prudential California Realtor….

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