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Dataquick has released its first quarter 2008 figures for downtown SanDiego. In that period, there were 121 sales, 36 of which, or 29.8%, were foreclosure sales. The foreclosures represent 4/10th of one percent of the downtown inventory.

Most of the foreclosures were in the lesser-priced projects, averging $385,000. The foreclosure sales were generally in the batter quality projects and averaged $625,000.