Marina District Condo Recap for 2013

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Marina District Condo

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.

If you are interested in finding more information about a Marina 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

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

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