San Diego Real Estate Sales, Prices Stable in August

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A home for sale in San Diego. Photo by Alexander Nguyen

Real estate price and sales totals were relatively stable in the San Diego region last month, according to figures released this week by a local real estate group.

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The median sales price of a single-family home that changed hands in August was $567,000, according to San Diego Association of Realtors data. That’s 1 percent over July and 6 percent above the same month last year.

The median sales price of a detached home — such as a condominium or townhome — was $375,000. That’s 1 percent below July but 8 percent more than August 2015.

More than 2,100 houses changed hands in August, 4 percent fewer than July and 2 percent less than the same month last year.

Over 1,100 condos sold last month, 1 percent less than the month before but 1 percent above August 2015.

The most expensive property sold in August was a 5,100-square-foot, six- bedroom, six-bath residence on the coast of La Jolla, built in 2000, with a pricetag of $6.7 million.

—City News Service

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