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San Diego County's median home price hits record $700,000 - Vimarsana News

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 Co...

San Diego's home price hits a record $700K. Will prices ever stop rising? - Vimarsana News

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...

San Diego County median home price hits record $680,000 - Vimarsana News

San Diego County median home price hits record $680,000

San Diego County median home price hits record $680,000 (File) Print San Diego County’s median home price continued its historic rise in March, reaching a record high of $680,000. The median price — which includes new and resale homes — has increased 15.3 percent in a year, according to CoreLogic data provided by DQNews. The county was not alone, with new peaks being reached across Southern California and much of the nation in the same time period. Analysts say the factors driving the increase include a lack of homes for sale mixed with high demand, continued low mortgage rate...

San Diego County median home price hits record $672,750 - Vimarsana News

San Diego County median home price hits record $672,750

San Diego County median home price hits record $672,750 Print San Diego County’s median home price reached $672,750 in February, an all-time high that exceeded the previous record by nearly $23,000. Home prices were up across Southern California in February — typically a slow month for sales — with most areas reaching new peaks, according to CoreLogic data provided by DQNews. Experts continue to point to record low mortgage rates and severely limited home supply as reasons for the surge. Prices increased 14.6 percent in a year in San Diego County, the highest increase since J...

San Diego County median home price starts the year at $640,000 - Vimarsana News

San Diego County median home price starts the year at $640,000

San Diego County median home price starts the year at $640,000 (File) San Diego County started the year with a $640,000 median home price brought on by intense competition over limited home inventory. The January price represents a 9.4 percent increase in 12 months following major gains during the COVID-19 pandemic. It is down from the high of $650,000 reached in September to November. Experts continue to point to low mortgage rates and limited supply as primary reasons the price rose so much in 2020 and likely will continue to rise in 2021. Analysts also say millennials aging into ...