Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

RE/MAX Continues as Industry Leaders Helping More Families Buy and Sell Homes/Condos.

by Mark Mills - Downtown Condo Expert - RE/MAX Real E

 

Luxury Condo Prices Continue to Rise in Downtown San Diego

by Mark Mills - Downtown Condo Expert - RE/MAX Real E

Luxury market continues to appreciate faster than the overall market. Prices for luxury condos, rose 5.6% in Q1 2016 vs Q1 2015 and a 3.6% jump over year end 2015. The over all market was up only 2.1% from the prior 12 months, this lower appreciation was due to a lot of small and inexpensive condo conversion units being sold last quarter. I would like to exclude them but want to keep my chart consistent with whats reported in the MLS. Taking these condo conversions out shows an appreciation of 4% for the overall market.  Appreciation over the last five years is just over 40%.

Displaying blog entries 1-2 of 2

Contact Information

Photo of RE/MAX Consultants Real Estate
RE/MAX Consultants
Mark Mills - Downtown Condo Expert CalBRE 01360992
945 4th Ave #401
San Diego CA 92101
(619) 606-2596
CA BRE #01360992
Fax: (760) 340-9615

The Best Luxury Condos in Downtown San Diego.