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    Monday
    Mar162009

    New Condos Downtown San Diego: Trends

    DateMonday, March 16, 2009 at 7:51PM

    Sometimes it is interesting to watch the price trends in Downtown San Diego units. One particular unit for sale in Pinnacle has a history of selling in 2006 at $785,000 down to a foreclosure sale of $683,000 in 2007 to a sale of $595,000 again in 2007 and now on the market for $450,000 as a "short sale".  In other words, this unit has trended down 43% in 2 1/2 years. Isn't that amazing? I am not sure if this price will trend down any further, but at this price for a two-bedroom Pinnacle unit, a downtown San Diego buyer has a great opportunity to get a foot in the door.

     

    By Sharyn & Victoria Crown, Downtown San Diego real estate brokers

    This is part of a series of articles entitled, New Condos, Downtown San Diego Style

    AuthorSharyn Crown | CommentPost a Comment |
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