Downtown San Diego Condo Market Update: November 2026

The Downtown San Diego condo market heads into the holidays the way it spent the fall: steady on price, with buyers firmly in control of the pace. Over the past 12 months, 502 condos sold in 92101 at a median price of $723,750, essentially unchanged from a year earlier. October itself brought 51 sales, a median of $694,900 and the most $1 million-plus sales of any month this year.

Here’s the full picture: the year-over-year numbers, October’s sales, inventory, prices by home size and how each neighborhood compares.

The headline numbers

Past 12 months = November 2025 through October 2026, compared with November 2024 through October 2025.

Prices have held while the pace has slowed. Million-dollar sales are holding up too: 29% of sales over the past year were $1 million or more, up from 27% the year before, while 121 homes sold for under $500,000.

Month to month, the median jumps around with the mix of homes that happen to close, from $592,500 in a quiet January to $797,000 in March. Over the full year it has stayed close to $724,000.

October: busier at the top of the market

51 Downtown condos closed in October 2026, about the same as the 50 in October 2025. The median sale price was $694,900, up about 3% from $676,450 a year earlier, helped by a strong month for high-end sales: 18 homes sold for $1 million or more, the most of any month this year. The biggest were a three-bedroom at Pacific Gate at $4.9 million and two Meridian residences at $4.43 million and $3.6 million.

The rest of the market was slower than a year ago. Homes took a median 39 days to sell, compared with 28 in October 2025, and 25% sold at or above their asking price, down from 38%. Median price per square foot was $668, down from $719 last October.

Inventory: still a buyer’s market

As of early November 2026 there are 316 condos for sale in 92101 and 41 in escrow. At the past year’s pace of about 42 sales a month, that’s roughly 7.6 months of supply, down a little from about eight months in early October but still well into buyer’s-market territory. The median asking price is about $732,000.

East Village has the most choice, with 83 condos for sale in the buildings we track, followed by the Marina District with 65 and Columbia with 41.

What a Downtown condo costs, by size

Two-bedroom homes remain the heart of the market, just over half of all sales. Buyers on a budget still have real options: 121 condos sold for under $500,000 over the past year.

How the neighborhoods compare

Past 12 months, for the buildings on our site.

• Columbia is still the priciest and the fastest. Its bayfront towers, including Savina and The Grande, sell in a median 28 days.
• East Village has the most sales and the most choice, and homes there take the longest to sell, which gives buyers the most room to negotiate.
• Cortez Hill offers the lowest price per square foot Downtown, at $584.

The busiest buildings

• Acqua Vista: 21 sales in the past year, median $515,000
• Savina: 20 sales, median $1,575,000
• The Grande: 17 sales, median $1,445,818
• The Mark: 17 sales, median $848,000
• Harbor Club: 16 sales, median $1,130,000

Every building page on our site now carries a monthly market snapshot with current listings and recent sales.

What it means for buyers

With more than seven months of supply and fewer bidding situations, buyers have time to compare buildings and room to negotiate on price, credits and timing, especially in East Village, where homes take the longest to sell. The holiday weeks are often the quietest of the year, so a buyer who’s ready to move now can find motivated sellers and less competition.

What it means for sellers

Well-priced homes are still selling: 43% of the year’s sales went under contract within 30 days, and October’s high-end sales show buyers are there for the right home. The key is pricing against recent sales in your own building, not against other listings, and making your home the best value among the units for sale down the hall.

Talk to the Downtown specialists

The Neuman Team has specialized in Downtown San Diego condos since 1981, with more than 7,400 closed sales, and has been #1 in 92101 for homes sold since 2000. Whether you’re buying or selling, we’ll show you what’s happening in your building. Request a free condo value estimate, browse our building guides, or call (619) 595-7025.

Frequently Asked Questions

What is the median condo price in Downtown San Diego?

Over the past 12 months, Downtown San Diego (92101) condos sold at a median price of $723,750, or $688 per square foot, based on 502 sales from November 2025 through October 2026.

Is the Downtown San Diego condo market a buyer’s or seller’s market?

A buyer’s market. As of early November 2026 there are 316 condos for sale, about 7.6 months of supply, and about 30% of sales close at or above asking, down from 38% a year earlier.

Which Downtown San Diego neighborhood has the highest condo prices?

Columbia, with a median sale price of $1,316,250 and $949 per square foot over the past 12 months, followed by the Marina District at $925,000.

How much does a one-bedroom condo cost in Downtown San Diego?

The median one-bedroom sold for $480,000, or $663 per square foot, over the past 12 months.

Source: San Diego MLS, Downtown 92101 condos: closed sales November 2024 through October 2026, and active and pending listings as of November 2, 2026, compiled by The Neuman Team. Information deemed reliable but not guaranteed.