New$2,950,000
2561 S Albatross St
San Diego, CA 92101
5 beds4 baths2,500 sqft
DOWNTOWN'S ELEVATED EDGE
Bankers Hill, lived in.
Urbanites who refuse to compromise—walk to Balboa, bike downtown, skip the noise.
- Private, no pressure
- Reply within 20 minutes
- 5.0 on Zillow (18 reviews)5.0 on Google
Median price$1.2M
Active listings45
Walk score89Very walkable
To downtown9 min
MARKET SNAPSHOT — JULY 2026
The Bankers Hill Bounce: Prices Jump 13% Amidst a Growing Buyer’s Surplus.
Bankers Hill is in a high-volatility recovery phase, with prices spiking 13% this month even as it technically remains a buyer's market with over 6 months of inventory. Sellers are currently negotiating roughly 6% off list price to close deals, making sharp upfront pricing the only way to avoid the sitting inventory that's driving recent price reductions.
Median sold price$865K
Days on market14↓ 10 days faster
Sale-to-list99.3%↑ 0.9 pts
Months of supply4.4Balanced market
Based on 31 sales in the last 90 days
Why Buyers Love Bankers Hill
🌳
Balboa Park as Your Backyard
Direct access to 1,200 acres of museums, gardens, and trails. It’s the ultimate urban amenity.
🏛️
Historic Architecture
Home to stunning Irving Gill designs, Victorian mansions, and mid-century modern masterpieces.
🍴
Canyon-Side Dining
Enjoy world-class restaurants like Mister A’s and Cucina Urbana with breathtaking city and bay views.
🚶
Ultimate Walkability
Leave the car behind; you're minutes from downtown, Little Italy, and the vibrant Hillcrest scene.
✈️
Airport Convenience
Perfect for frequent travelers, with San Diego International just a 5-minute Uber away.
🌉
The Iconic Bridges
From the Spruce Street Suspension Bridge to the Quince Street Bridge, the neighborhood is full of hidden pedestrian gems.
For Sale · Bankers Hill
Homes for sale in Bankers Hill
New
New$899,000
2770 2nd Ave #112
San Diego, CA 92103
2 beds3 baths1,531 sqft
$1,349,000
633 Arroyo
San Diego, CA 92103
3 beds2 baths1,464 sqft
$680,000
475 Redwood St #701
San Diego, CA 92103
1 bed1 bath725 sqft
Open Sun$969,000
3200 6th Ave #205
San Diego, CA 92103
2 beds2 baths1,058 sqft
$1,925,000
2853 Dove St
San Diego, CA 92103
3 beds3 baths2,357 sqft
$4,775,000
2500 6th Ave #3
San Diego, CA 92103
4 beds5 baths4,715 sqft
$1,849,000
2710 1st Ave
San Diego, CA 92103
2 beds3 baths2,104 sqft
Your Bankers Hill Agent
LOCAL REFERENCES
Local expertise you can trust.
“Helpful! Knowledgeable! Ready with facts, patient, realistic. He helped us sort through dozens of properties, offering valuable information in a timely way. He is an EXCELLENT listener and quickly realized our priorities. He worked around our limited schedules. Couldn't ask for a better partner and advocate in searching for our home.”
juliebrooksclay
Closed in 2017 · Hidden Meadows (Escondido)
“Brittany is the best real estate agent I could have ever asked for. She answered all of our questions (even questions that didn’t directly pertain to her role). She gave us confidence to make the best decision for our family and helped us feel in control during the negation process and all the signing of the documents etc. we will use her when we buy our second property!! Use her to buy your home! You won’t regret it! She’s also just fun to hang out with..”
tyler0292
Closed in 2020 · Lemon Grove
“Andrew helped my wife and I buy our first home, and we wouldn’t hesitate to recommend him to any of our friends or family. He worked with us to squeeze in numerous viewings across SD County until we found a home we felt ready to make an offer on. He is knowledgeable about the market and was very helpful in navigating the home buying process, including working with the sellers to secure extensions despite some unexpected lender delays. Overall it was a pleasure working with Andrew and we’ll be calling him if we find ourselves back in the market!”
Karl K
Closed in 2022 · Scripps Ranch
THE FIELD NOTE
The Sophisticated Heart of San Diego’s Parkside
A Quick Summary from Andrew Ice, Broker - Bankers Hill
Bankers Hill is where San Diego’s history meets its modern ambition. Originally the home of the city's elite—hence the name—it has transformed into a vibrant, high-density neighborhood that still retains its quiet, prestigious soul. It is defined by its relationship with Balboa Park; living here means the park's botanical gardens, museums, and canyons aren't just a destination, they are part of your daily walk. It attracts a mix of professionals, retirees downsizing from larger estates, and design-minded buyers who appreciate the neighborhood's incredible architectural diversity.
“It's the rare San Diego neighborhood where you can walk to a symphony, a world-class dinner, and a trail into a canyon.”
The real estate market in Bankers Hill is as elevated as its views. The skyline is dominated by ultra-luxury glass towers like Park Laurel and 41 West, offering full-service concierge living and sweeping panoramas of the San Diego Bay. Tucked between these modern heights, however, you’ll find beautifully preserved historic homes and low-rise boutique condos that line the neighborhood’s canyon edges. Demand remains high because of the "Parkside" premium—the rare ability to live in a walkable urban environment that still feels airy, green, and deeply connected to the city's cultural heart.
FREQUENTLY ASKED
The questions we hear most.
The active market runs from about $725,000 for a one-bedroom condo up to $3.2M for a single-family home or penthouse. The sweet spot — 2-bed condos with a view — is $1.1M–$1.6M. If you tell us your budget we'll send a tailored short list.
Well-priced Bankers Hill homes in the mid-price range ($1.1M–$1.6M) typically see offers within 2 weeks. Luxury units ($2M+) move slower. Canyon views and walkability command a premium over flat blocks.
Depends on your lifestyle. Condos dominate the inventory — roughly 75% of active listings — and offer lock-and-leave convenience with HOA-covered amenities. Single-family homes are scarce but offer more space and no HOA dues. Long-term appreciation favors single-family, but condos with views tend to hold value well.
Yes — we maintain a private list of homes that never hit the MLS. These are shared with our client roster first. Get on the list if you're seriously looking in the $1M+ range.
Property taxes follow California's 1.1–1.25% of assessed value plus local assessments. Condo HOAs in Bankers Hill range from $450/month for smaller buildings to $1,200+/month for full-service high-rises with concierge and amenities. Budget accordingly.