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Archive for the 'San Diego Lease-Rentals' Category
SAN DIEGO RENTAL MARKET-Downtown Zip 92101
The rental market in San Diego, especially the downtown condos, lease quickly….if priced right. Just like the Re-Sale market.
I don’t specialize in the leasing market, however, I will list a property to help out a client, but I don’t actively look for condo listings. Once in a while a potential buyer will decide to rent for a year before they decide where they want to live in San Diego, and I am happy to find a place for them through our MLS.
If you’re planning on coming to San Diego and would prefer to lease for a year until you discover the area of San Diego that fits your lifestyle, this may be the right time for you.
Currently there are 133 condos listed for lease in downtown SD, zip 92101, ranging from $1,400 – $12,000.
During the 1st Quarter of 2009, there were 121 properties leased ranging from $1,50 – $7,200.
During the 2nd Quarter of 2009, there were 114 properties leased ranging from $1150 – $6,000.
During the 3rd Quarter of 2009, there were 112 properties leased ranging from $1100 – $7,200.
During the 4th Quarter of 2009, there were 94 properties leased ranging from $1300 – $6,600.
The first Half of 2010 statistics are…277 properties leased, ranging from $1080 – $5,995.00. There are fewer leased properties in 2010 than in 2009. Also, the rents are lower in 2010. The attractive low interest rates are making the mortgage payments lower than what some monthly rental rates would be taking into consideration the interest rate deduction.
The MLS grants Realtors the opportunity to market leases…. but, like I said, for a fee. Regardless of the fee charged, the MLS is used by Brokers to locate property in all areas of San Diego. It’s worth establishing an Agency and hiring a Broker to lease your property. If you are looking for a lease…there is no cost … except the move-in expenses.
You are able to look for leases on my website using the Search Property button. I will be happy to guide you through it, if you have certain criteria.
