San Diego Home Sales Up — Home Prices Down

San Diego home sales

According to DataQuick of La jolla, San Diego home  prices for August fell by 7.1 % vs August 2008. The good news is that home sales in San Diego County rose by 5 percent in August, compared to the same month a year ago.

According to DataQuick, 21,502 homes were sold in the six-county Southern California region in August, down 10.8 percent from 24,104 in July and up 11 percent from August 2008.

The median price of a Southern California home was $275,000 in August, up 2.6 percent from $268,000 in July but down 16.7 percent from $330,000 in August 2008.

The steepest year-to-year price declines were in San Bernardino County, which saw its median drop 32.6% to $145,000, and in Riverside County, where the median last month was down 23.2% to $190,000.                                                                                                                                                               Little Italy San Diego condos