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San Diego County Home Sales Up 22.4 Percent from July 2014

The number of home sales in San Diego County surged 22.4 percent in July from a year earlier, according to a report issued Tuesday by real estate data tracker CoreLogic. The report also showed a 5.6 percent year-over-year jump in median sales price for those homes, from $445,000 in July 2014 to $470,000. Sales increased from 3,530 a year ago to 4,322. The trend also impacted the numbers for the five-county Southland region, and statewide sales reached their highest level in nearly three years. A total of 24,235 homes and condos were sold in July in Southern California, at a median sales price of $438,000. Compared to July of 2014, sales jumped an impressive 16.9 percent while the median sales price increased by 5.5 percent. Sales have now increased on a year-over-year basis for six months in a row in the Southland region as well as statewide.

August 18, 2015