Home prices in San Diego County were up a little in September compared with the same time last year, and sales totals were similar, the San Diego Association of Realtors reported Thursday.
The median sales price of a single-family home last month was $510,000, the same as in August and up 5 percent from September 2013, according to SDAR data.
A bit over 1,700 homes sold in September, down 2 percent from August, and 1 percent lower than September 2013.
The SDAR reported that the median price for attached homes that sold last month was $337,500. That’s down 1 percent from August but up 11 percent from September last year.
According to SDAR data, 865 condominiums and townhomes changed owners in September, 2 percent more than August but 4 percent fewer than September 2013.
“Several real estate markets across the country have struggled lately to find solid footing, so it’s encouraging to see San Diego’s real estate market show signs of stabilizing,” said Leslie Kilpatrick, the SDAR Board president. “Excellent properties go up for sale every day, but the ones that are priced correctly are not on the market long, so it’s important for buyers to do their homework and be prepared to act.”
The most expensive listing sold last month in the county was a six- bedroom, eight-bathroom, 21,000-square-foot home in Rancho Santa Fe that cost $13 million, according to the real estate group.
— City News Service
