home prices

December 15, 2020
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SoCal home prices soar again in October

By Andrew Khouri LA Times The SoCal median home price rose sharply in October compared with a year earlier, as buyers rushed to take advantage of rock-bottom interest rates. The six-county region’s median price of $605,000 was down slightly from a record $610,000 in September, although it’s not unusual for prices to fluctuate month to month. The median was up 14.2% from a year earlier. Economists and real estate agents say […]
November 8, 2020
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San Diego median home price still breaking records

The median home price in San Diego County blew past the previous record to hit an all-time high of $634,000 in July. A lack of homes for sale also created high competition among home buyers, with bidding wars pushing purchase prices even higher. The traditional spring home-buying season also shifted to the summer following the shutdown caused by the coronavirus last April and May, when sales plummeted. Nationally, the index value of a resale house increased […]