The median sales prices of single family homes in San Diego has increased 13% to $400,000 year-over-year for the month of October. Median sales prices for condos and townhouses also increased 19% to $246,000.
The number of single family houses sold was up 34% from last October. The number of condos and townhouses is up 18% for the same period.
Donna Sanfilippo, president of SDAR, says “San Diego is becoming a real estate town again.”