Downtown San Diego Condo Search
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Downtown San Diego Condo Information, Reviews and News
The Future of Downtown San Diego Real Estate
Selection of condos available for sale in Downtown San Diego is very low, as of September 2024 in downtown San Diego there are only 240 condos for sale. This is 2% of the total condo market of 10,850.
Prices rose 2.6% in the second quarter over the first quarter but are only up 1% year over year.
Predictions for 2024:
1. This election year, Washington politicians will want to stimulate the economy and pressure the Federal Reserve to cut interest rates.
2. Towards the end of the year, mortgage rates will drop to 5%.
3. As interest rates decline, more purchasers will reenter the market.
4. There won't be much inventory for sale because 3% mortgage rate holders will try to stay in their homes and wait for rates to continue dropping.
5. No brand-new condos will start construction in downtown, so the next new condo will not be ready for move in until 2027 or later.
6. The brand new Campus at Horton and the Research and Development District will not get leased and filled up with workers in 2024.
7. Condo prices will rise 5% as demand will continue to exceed supply.
Recapping 2023:
1. Prices rose 5.5% for the year and 33% over the last 3 years. Click here to see my price history chart.
2. No new condos started construction.
3. Construction on the campuses at Horton and Radd advanced to the point where the cranes were removed. All that's left to build are the interiors. For either location, no significant anchor tenants have been announced.
The best agents in downtown are finding off market opportunities for their clients, reach out to me if your looking for something specific your not seeing available online, I have resources and strategies to find condos that can be bought but are not listed for sale.
A lot of owners with low mortgages have opted to remodel rather than move. So its possible to buy a resale with a newer updated interior. All but two condo buildings in downtown are over 10 years old now, most are 15-20 years old and just a few over 20 years old.
Popular San Diego Neighborhoods
Newest Downtown San Diego Condos for Sale
Marina Park is the hidden gem of Downtown. The complex features large open spaces with mature landscaping, adjacent to Pantoja Park. You will never see anything Downtown ...
- 1 Beds
- 1 Baths
- 240021888 MLS
- Marina Park Bldg.
- ACTIVE Status
This stunning East Village condo exemplifies classic urban living! Tons of natural light pour into the unit from the large slider which opens to a wonderful balcony whic...
- 1 Beds
- 1 Baths
- 240021885 MLS
- Element Bldg.
- ACTIVE Status
Located in the heart of the vibrant East Village, this stunning condo exemplifies classic urban living! Natural light pours into the unit from large West facing windows ...
- 1 Baths
- 240021880 MLS
- Element Bldg.
- ACTIVE Status
Enjoy luxury living at its finest atop Cortez Hill. Panoramic views of the bay, bridge, city, and mountains from every room! Expansive open concept, 10ft ceilings and flo...
- 2 Beds
- 2 Baths
- 240021835 MLS
- Cortez Blu Bldg.
- ACTIVE Status
VA loan assumable at 2.375%!!! Welcome to the East Village and downtown San Diego living at its finest! This modern 1-bedroom condo offers urban convenience and luxury am...
- 1 Beds
- 1 Baths
- PTP2405625 MLS
- ACTIVE Status
Location! Location! Location! Nestled on the fifth floor of the gated community of Piazza Palermo in Little Italy, this condo offers the perfect blend of city living with...
- 1 Beds
- 1 Baths
- 240021796 MLS
- Palermo Bldg.
- ACTIVE Status
Sub Penthouse 3803 offers unparalleled front row living experience with a luxurious amount of living space draped in unrivaled water views from every room. All accompanie...
- 3 Beds
- 2 Baths
- 240021774 MLS
- The Grande South Bldg.
- COMING SOON Status
LOCATION, LOCATION, LOCATION. Unique, newly remodeled downtown loft in Little Italy! This bright, open space is right in the heart of one of San Diego’s most iconic and s...
- 1 Beds
- 2 Baths
- 240021755 MLS
- Doma Bldg.
- ACTIVE Status
Don’t miss this opportunity to own a rarely available Harbor Club “bubble” unit in the prized Marina District! Enjoy the amenities of a luxury high-rise combined with the...
- 3 Beds
- 3 Baths
- 240021754 MLS
- Harbor Club Bldg.
- ACTIVE Status
Immerse yourself in the epitome of luxurious living with this breathtaking corner residence spanning over 3,150+ Sq Ft. on the 34th floor, offering unparalleled vistas th...
- 3 Beds
- 3 Baths
- PTP2405583 MLS
- ACTIVE Status
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS®,
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