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San Diego home price drops for the first time this year - The San Diego Union-Tribune

San Diego County s median home price hits record $700,000

Print San Diego County’s median home price smashed through previous records to hit $700,000 in April. It represents a 17.8 percent price increase in a year, according to CoreLogic data provided by DQNews. The median home price which includes new and resale homes has not increased at such a pace since October 2013, when the county was still recovering from the Great Recession. The previous record median price was $680,000 in March. Prices are up nationwide, especially in California. The six-county Southern California region has seen prices rise 20 percent in a year, according to CoreLogic. Most experts are struggling to find reasons why price appreciation could slow down as the year goes on.

San Diego s home price hits a record $700K Will prices ever stop rising?

Print San Diego County’s median home price smashed through previous records to hit $700,000 in April. It represents a 17.8 percent price increase in a year, said CoreLogic data provided by DQNews. The median home price which includes new and resale homes has not increased at such a pace since October 2013 when the county was still recovering from the Great Recession. The previous record median price was $680,000 in March. Prices are up nationwide, and especially in California. The six-county Southern California region has seen prices rise 20 percent in a year, said CoreLogic. Most experts are struggling to find reasons why price appreciation could slow down as the year goes on.

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