San Diego Home Sales

It was just reported today by the La Jolla real estate tracking company DataQuick, that San Diego countywide sales total hit a 7-year high.
There were 25,419 new and used homes and condominiums sold last month in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties.

That was up 17.6 percent from June and 23.5 percent compared to a year earlier.

Now for sales prices, median price for a home sold in July was $417,500, basically flat from the June but up 22% from a year ago!

As far as home inventories, another words properties available and listed for sale, MLS listings rose 13 percent from June

Also, July saw rising mortgage rates, home mortgage rates had been in the 3 percent range until late June, when they crossed the 4 percent mark and continued to move up.

San Diego Home Sales