The Sold by Month graph represents the Condos and Lofts sold, during the year of 2010, in Downtown San Diego.
If you look at the Developer sales during the year…the line seems a little bumpy. Usually the homes sales at the end of the year always goes up because of different deals the developers offers to sell out their last homes. The developer sales during the year that contributed to the bumpy road were Atria in the Marina District, The Mark, Park Terrace and The Legend in the East Village/Ballpark District and Sapphire and Bayside in the Columbia District.
Resales did pretty good during the year as well as the REO/Bank owned homes with a pretty steady line. The short sales on the other hand had a big increase in May and June as well as in December. Actually…the short sales beat all the other sales with a total of 21 homes sold in October.
To read and compare 92101 Urban Living’s former blogs about the Downtown San Diego Real Estate Market click on Downtown San Diego Condos & Lofts Sold by Average Monthly Sale Price – Jan to Dec 2010, Downtown San Diego Condos & Lofts – 2009 to 2010 Comparison, Downtown San Diego Condos & Lofts Sold – Financing Breakdown – Jan to Dec 2010, Downtown San Diego Condos & Lofts Sold – Cash vs. Financing – Jan to Dec 2010, Downtown San Diego Condos & Lofts Sold by Type of Sale – Jan to Dec 2010 and Downtown San Diego Condos & Lofts Sold by Neighborhood – Jan to Dec 2010. ')}