Prices of condos in the downtown San Diego market have stabilized after weakness in the resale market due to competition from two new condo towers, Pacific Gate and Savina.  In the chart below you will see prices in the resale market started to soften in fall of 2018 …

The average sold price of a condo in downtown San Diego in 20018 gained just 1% over year end 2017. This is just comparing sold condo data reported in the MLS. Note the brand new Pacific Gate building which is one of the most expensive building in downtown did not …

Just Updated my price trend chart through 3rd Quarter 2018, the market is getting to be more balanced now between buyers and sellers. Note this chart only has a couple of sold units in it from the brand new Pacific Gate building since none of the new sales are flowing …

San Diego Condo Prices Jump OFF THE CHARTS. Pacific Gate Sales are making a big impact on the "average" prices of downtown San Diego Condos. I have just ran the data for the 2nd Qtr of 2018. First image is with out Pacific Gate's 134 closing in the 2nd Quarter …

I often hear people say condo prices in San Diego have to come down.  I always ask the people saying this, why do you think that is?  I don't really get many reasons other than its time, the real estate market cycles and a …