SAN DIEGO—The Downtown San Diego Condominium Pricing Index increased 1% in November to $650 per square foot, and is now 10% higher than one year ago, according to the Condominium Pricing Index released Monday by The Mark Company, a leading urban residential marketing and sales firm.
"There are no new condominiums currently available for sale in Downtown San Diego, although units at Aloft in Cortez Hill, which had previously been converted to rental apartments, are now being offered for sale as they become available," said Erin Kennelly, senior director of research, The Mark Company.
"Pacific Gate, which will offer 216 units when completed, remains the only condominium development currently under construction in Downtown San Diego, and is the first new condominium development since 2009," said Kennelly.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
