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September 14, 2011

San Diego Real Estate Sales Up – Prices Down

by Bob Schwartz

San Diego real estate

San Diego real estate

San Diego Real Estate Sales

were up  in a report released today by DataQuick of La Jolla Ca.  The San Diego County August 2011 median home price fell to $337,000, down 5 percent from August 2010. The San Diego median home price was $517,500 in Nov. 2005.

The real sad news was the reported news that in August, 47 percent of San Diego County home resales were either foreclosures or short sales.

The median homes prices in Southern California have declined for the last two months and have been down year-over-year for the last six months.

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