Pinnacle Downtown San Diego condo sales in 2010

Pinnacle Downtown San Diego condo sales in 2010

ThePinnacle building in downtown San Diego is a luxury high rise condo community in the heart of the Marina District in downtown San Diego. The Pinnacle is known for it's sleek design and ideal location near theSan Diego Bay and being located in the heart of Downtown San Diego.

In 2010, thePinnacle has7 sales ranging from $488,000 to $895,000.This is in comparison to 2009 where we only saw11 condos sales that range from $450,000 to $3,250,000 with5 properties selling overthe million dollar mark. This is may be an indicator thatdowntown San Diego condo buyers are looking for the very best value for their money.

In 2010, all seven properties in the Pinnacle were two bedroom units with an average1,290 square feet of living space. Pricesfluctuate depending on thefloor height and the views. Unit #606 sold for $488,000, Unit #504 sold for $550,000, Unit #305 sold for $699,000, Unit #1506 sold for $739,500, Unit #1406 sold for $795,000, Unit #1005 sold for $849,000 and Unit #1706 sold for $895,000.

Currently on the market in the Pinnacle are some really great view condos. Price ranges don't come cheap for great views with 3 properties over the $2 million dollar mark. The most affordable conod in the Pinnacle is a one bedroom one bath unit for $349,000.

If you are thinking about buying a home in the Downtown San Diego area the Meridian is a great place to start. We are forecasting an increase of sales for 2011 for the Pinnacle as more San Diego condo buyers get into the downtown San Diego Real Estate market. It's important to understand your options with the various condo buildings to choose from.

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