12 Oct San Diego real estate activity down in September but annual figures gain ground
After a strong start this summer, real estate in San Diego dipped in September, according to the latest figures from the San Diego Association of Realtors. The trade group reported 1,822 single-family homes sold in September, down 14 percent from August and declining 5 percent during the same month in 2014.
Still, San Diego real estate data comparing September 2015 figures to September 2014 were largely up. Median sale prices also faced downward pressure — single-family home median prices were down 1 percent to $527,500 from August, but up 4 percent from the same time one year ago, SDAR found.
More than 1,822 single-family homes for sale in San Diego county were sold in September while more than 1,000 condos and townhomes sold last month, down 9 percent from the previous month but up 4 percent from the same time last year.
San Diego real estate had slower momentum after a strong start in the summer, but San Diego real estate experts remain confident that the improving economy and job growth will help cure momentary blips in the market. Historically, summer is typically a strong month for real estate.
The most expensive listing in San Diego County? A five-bedroom, six-bath, 8.500-square foot home on the La Jolla coast with a sales tag of $12.45 million.