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Cortez Hill Condo Recap for 2103

By Mike in Downtown San Diego Real Estate with 0 Comments

The value of a Cortez Hill Condo increases in 2013

Cortez Hill is one of Downtown San Diego’s most unique neighborhoods.   Located one the North East end of Downtown San Diego Cortez Hill is a very residential neighborhood.   We say that it is a close walk to everything Downtown San Diego has to offer, without being in the middle of all the action.   Proximity to Balboa park is a huge plus for the Cortez Hill Neighborhood.   Last year was a great year for condo sales in Cortez Hill. In 2012 the average value for a Cortez Hill Condo was $328,090. By the end of 2013 the average sales price value had grown to an impressive $399,793. This was an increase of over $22%, and aside from the East Village increase of 37%, this is represents one the highest improvements for values in Downtown Real Estate. The total number of Cortez Hill Condos sold in 2013 was 107 compared to slightly lower 100 number in 2012. Cortez Hill was the only neighborhood that had more sales and gained in the average sales price. The graph below represents a summary of the total sales broken down by Cortex Hill 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 Cortez Hill 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

Aria                                    16                                          $498,760

Cortez Blu                          10                                          $468,800

Discovery                           20                                          $493,563

Solara Lofts                       12                                           $392,396

The Mills                            13                                           $308,138