Downtown San Diego (92101) Market Update for Week of October 22, 2012

posted on October 24th, 2012 | filed under: Buying Strategies, Loving the Lifestyle, Successful Selling, Uncategorized

Market Update for Downtown, San Diego (92101): Included in 92101 are 6 downtown districts: Little Italy, Columbia, Cortez Hill, Marina, Gaslamp and East Village

This Week: The median list price in DOWNTOWN SAN DIEGO, CA this week is $265,000. The 1967 properties have been on the market for an average of 77 days.

Inventory is tightening and days-onmarket is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

Supply & Demand: The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Medium Chart

Medium Chart

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posted by Jeff DeChamplain

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Jeff DeChamplain