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Little Italy Condo Values went up in 2013

Little Italy is one of the only ethnic orientated neighborhoods in all of San Diego.   We commonly refer to it as a neighborhood with a “Big Town and Small Town” feel.  When you walk thru the streets of this quiet neighborhood, sometimes it is hard to imagine you are in the middle of Downtown San Diego.  Last year was a great year for condo sales in Little Italy.   In 2012 the average price for a Little Italy Condo was $363,488.  By the end of 2013 the average sales price value in Little Italy had grown to $422,717. This is an increase of over $16% and very consistent with the equity growth of the other neighborhoods in Downtown.   The total number of Little Italy Condos sold in 2013 was 156 compared to 170 in 2012. Even though the number of sales was down, the values of Little Italy real estate grew considerably in 2103. The table below represents a summary of the total sales broken down by Little Italy 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 an Little Italy condo, click here.  For more information on Downtown San Diego, 92101 Urban Living continues to be on of the best resources for both buyers and sellers.

Complex            Yearly Sales       Average Sales Price    Average $PPSF

350 West Ash             7                  $295,286                     $370

Acquavista                27                  $323,527                     $404

Aperture                    8                   $511,575                     $493

Bella Via                    3                   $441,167                     $493

Breeza                      16                  $548,594                     $539

DOMA                       16                  $583,784                    $424

La Vita                      29                  $462,069                     $496

Portico                     8                    $346,113                     $394

Porto Siena               9                    $426,211                    $433

Village Walk               8                   $463,813                    $391