The Marina District is considered one of the most exclusive neighborhoods in Downtown San Diego. Home to luxury highrise condos, tree lined streets, and it’s perfect central location…it is clear to see why the neighborhood is so desirable. To many buyers and investors, a quick walk to shopping at Horton Plaza, a night out in the Gaslamp, or a stroll to walk along the San Diego Bay, makes the living in a Marina District condo so worth the expense. Last year was a great year for condo sales in the Marina District. In 2012 the average value for a Marina District Condo was $654,093. By the end of 2013 the average sales price value had grown to a very solid $692,422. This is an increase of over $6%, and aside from the Columbia District, this is represents one the highest averages for values in Downtown Real Estate. The total number of Marina District Condos sold in 2013 was 195 compared to slightly higher 209 number in 2012. The graph below represents a summary of the total sales broken down by Marina District complexes. We represent: total sales in the building, the average sales price, and the average Price per square foot.
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Complex Yearly Sales Average Sales Price Average $PPSF
235 on Market 3 $384,667 $374
Atria 10 $315,200 $420
City Front Terrace 29 $618,359 $530
City Walk 8 $521,938 $378
Columbia Place 1 $344,500 $329
Crown Bay 7 $358,336 $431
Harbor Club 14 $1,111,857 $744
Horizons 15 $689,140 $519
Marina Park 13 $405,077 $333
Meridian 13 $1,119,962 $511
Pacific Terrace 3 $348,967 $380
Park Place 16 $723,844 $512
Pinnacle 15 $1,018,267 $730
Renaissance 31 $753,163 $512
Watermark 7 $666,643 $420 ')}