Gaslamp Real Estate

The real estate market surrounding San Diego's Gaslamp Quarter is hot right now. That's because the opening of Petco Park—the Padres' new home—has sparked a surge of interest in downtown, expanding the boundaries of the city's entertainment district and drawing in prospective homebuyers.

While for years the Gaslamp has been known as the hot place for excitement downtown, this boom has given buyers even more incentive to stake their claim there—property values are climbing and the area is becoming increasingly livable. More movie theaters and grocery stores are taking their places alongside the city's best restaurants and bars, making for a more residential feel during daylight hours. When the sun sets, the possibilities for entertainment in your own neighborhood feel endless.

And when you buy a home in the Gaslamp Quarter, you're making a serious real estate investment. Recognized by the National Registry of Historic Places, the value of property on this 16-square-block neighborhood is growing annually. The homes here are nestled inside historical buildings—some of them from the original construction around the turn of the century. And right around the corner, new homes are springing up daily as townhomes, condominiums and highrises. It's a truly dynamic neighborhood.

Homes in the Gaslamp district and the areas surrounding it right now average about $680,811 as reported in February 2006. There are not a lot of homes on the market—interested buyers need to act quickly if they want to move into this popular neighborhood. What does come up for sale is some interesting property. Many of the historic buildings have previously been work space that has been converted into urban lofts.

Find out how much Gaslamp Real Estate is Worth:

Before your house is put on the market, your real estate agent meets you to review your comparative market analysis to help you accurately price your house.

In the meantime, use our online tools to get general information about sales activity in your neighborhood.

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