Houses and Condos in San Diego’s College Area fall 40-60% in price

San Diego’s College Area is an older middle-class neighborhood eight miles northeast of Downtown, and is primarily residential, but also home to San Diego State University and a variety of small shops and strip malls. It was a popular area for speculators and first-time home buyers, and now prices are plummeting. Here are 18 examples. 

64xx Bradford St
sold 7/06 $545K
REO, For sale at $330K
-$215,100 (-39%) loss
 
41xx Donna Ave
sold 9/05 $598K
REO, For sale at $350K
-$248,000 (-41%) loss
 
43xx Cartagena Dr
sold 12/04 $545K
resold 1/08 $330K
-$216,100 (-39%) loss
 
4314 48th St #x
sold 6/05 $326K
REO, For sale at $135K
-$191,000 (-59%) loss
 
Parkridge Unit #5xx
sold 8/05 $241K
short sale approved for @ $100K
-$140,500 (-58%) loss
 
5980 Dandridge Ln #2xx
sold 6/06 $340K
For sale at $165K
-$175,100 (-52%) loss
 
6504 College Grove Dr #X
sold 6/04 $289K
REO, gutted and treated for mold, for sale at $130K
-$159,300 (-55%) loss
 
4261 49th St #X
sold 4/05 $272K
For sale at $128K
-$144,000 (-53%) loss
 
6522 College Grove Dr #2x
sold 9/05 $327K
resold 2/08 $161K
-$165,500 (-51%) loss
 
4357 51st St #X
sold 7/05 $215K
REO, condo conversion has “granite counters, ss appliances” for sale at $104K
-$111,000 (-52%) loss
 
6560 College Grove Dr #7x
sold 8/05 $305K
resold 1/08 $175K
-$130,000 (-43%) loss
 
6516 College Grove Dr #5x
sold 3/05 $277K
resold 2/08 $150K
-$122,100 (-46%) loss
 
4425 50th St #3
sold 2/04 $187K
resold 12/07 $105K
-$82,000 (-44%) loss
 
4310 54th St #2xx
sold 8/05 $163K
REO, for sale at $85K
-$78,100 (-48%) loss
 
6101 Adelaide Ave #1xx
sold 6/06 $175K
For sale at $89K
-$86,000 (-49%) loss
 
4357 51st St #X
sold 12/05 $195K
For sale at $100K
-$95,400 (-49%) loss
 
4860 Rolando Ct #XX
sold 3/05 $225K
for sale at $116K
-$109,100 (-48%) loss
 
4338 Altadena Ave #1xx
sold 9/05 $300K
REO, For sale at $161K
-$139,000 (-46%) loss

 

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