Downtown San Diego Condo Market Update: October 2026

The Downtown San Diego condo market enters the fall steady on price and slower on pace. Over the past 12 months, 503 condos sold in the 92101 zip code at a median price of $722,500, almost unchanged from a year earlier. Homes are taking a little longer to sell, and buyers have more to choose from than they did a year ago.

Here’s what the latest MLS data shows, neighborhood by neighborhood.

The headline numbers

Prices have held essentially flat for a year, while the number of sales has dipped and homes are spending a few more days on the market. More than a quarter of all sales (27%) were for $1 million or more.

The third quarter: steady prices, slower sales

From July through September 2026, 142 Downtown condos sold, almost exactly matching the 144 sold in the same months of 2025. The median price rose about 4% to $697,450, but price per square foot held level at about $690, which suggests a few more larger homes sold rather than a rise in values. The typical home took 43 days to sell, up from 36 a year earlier.

Inventory: more choice for buyers

As of early October, 337 condos were listed for sale in 92101 and 45 were in escrow. At the past year’s sales pace, that’s about eight months of supply, which gives buyers real choice and room to negotiate. The median asking price is $699,000.

What a Downtown condo costs, by size

Two-bedroom homes are the heart of the market, with just over half of all sales. And there’s still plenty under $500,000: 115 condos sold at that price in the past year, nearly a quarter of the total.

How the neighborhoods compare

Columbia leads on value and speed, driven by the newer waterfront towers along Pacific Highway such as Savina and The Grande. East Village has the most sales and the most choice, and homes there take the longest to sell, which is good news for buyers. Cortez Hill offers the lowest price per square foot of the five, and homes there still sell in about a month.

The busiest buildings

The buildings with the most sales over the past year were Savina (22 sales, median $1,575,000), Harbor Club (18, median $1,112,000), Acqua Vista (17, median $550,000), and The Mark (16, median $745,000). Every building page on our site now carries its own monthly market snapshot, so you can see current listings and recent sales for the building you’re interested in.

What it means for buyers

This is a good market to buy in. With about eight months of supply and homes taking longer to sell, buyers have time to compare buildings and room to negotiate on price, credits and terms, especially in East Village. Prices have held steady, so there’s little sign of a rush either way.

What it means for sellers

Pricing matters more now than a year ago. Homes priced in line with recent sales in the same building still sell, and in Columbia and the Marina District they sell quickly. Overpriced homes sit. A building-level comparison of recent sales is the best way to set the right price from day one.

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. Find out what your condo is worth, browse our building guides, or call (619) 595-7025.

Frequently Asked Questions

What is the median condo price in Downtown San Diego?

Over the 12 months to October 2026, condos in the 92101 zip code sold at a median price of $722,500, or about $698 per square foot, almost unchanged from a year earlier.

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

It currently leans toward buyers. About 337 condos are for sale, roughly eight months of supply at the current sales pace, and the typical home takes 38 days to sell, up from 34 a year ago.

Which Downtown San Diego neighborhood has the highest condo prices?

Columbia, with a median sale price of about $1.45 million and $971 per square foot over the past year, driven by newer waterfront towers such as Savina and The Grande.

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

One-bedroom condos sold at a median of $513,000 over the past year, and studios at $380,000. Two-bedroom homes sold at a median of $875,000.