During the last six months 26 units were sold, giving you a good idea of the popularity of the Coronado Shores. Four units are presently pending sale and range in the sales area of $715,000 to $1,495,000, some dropping slightly in price while others selling for full asking price. One of the pending sales received an acceptable contract within 1 month of listing the property.
We’ve added another great feature to our website! Now you can easily browse the latest new San Diego condo, loft and townhome listings by area and city.
It is easy to assume when reading local papers and watching the news that San Diego’s Real Estate Market is falling and doomed. And yes there are areas that have over a year’s supply of properties on the market and homes purchased in 2004 and 2005 might be forced to take a hit if needing to sell. However the old adage in Real Estate still holds true…
In 2006, San Diego saw 2,295 apartment units converted to condos. In comparison, 2005 peaked at 9,730 units and 2005 had 5,041 apartments taken off the rental market and added to the San Diego condo resale market.