Columbia District Condo Update for 2013

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View from Bayside in the Columbia District

The Columbia District is one of Downtown San Diego’s newly evolving neighborhoods.   Currently undergoing major changes with the completion of the North Embarcadero Visionary Plan, the Columbia District took a major step towards completion in 2013.  Know as the “Face of San Diego”, the Columbia District is comprised mainly of Luxury highrise condos.  Last year was a great year for condo sales in the Columbia District.   In 2012 the average price for a Columbia District Condo was $713,736.  By the end of 2013 the average sales price value had grown to a very solid $819,437. This is an increase of over $15%, and aside from the Marina District, this is represents one the highest averages for values in Downtown Real Estate.   The total number of Columbia District Condos sold in 2013 was 125 compared to 144 in 2012. The number of sales was down, but the values were up. The graph below represents a summary of the total sales broken down by Columbia District complexes.  We represent: total sales in the building, the average sales price, and the average Price per square foot.

If you are interested in finding more information about a Columbia District condo, click here.  For more information on Downtown San Diego, 92101 Urban Living continues to be one of the best resources.

Complex            Yearly Sales       Average Sales Price    Average $PPSF

Bayside                    22                    $1,103,882                     $642

Electra                     19                     $739,921                       $563

Sapphire Tower        15                    $1,179,800                      $599

Grande North           15                    $722,083                         $533

Grande South           22                    $912,364                         $572

TREO                       32                    $483,922                         $469

 

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