San Diego County Home Sales 6.9% Increase
San Diego County's March home sales show 6.9 percent increase
San Diego County Home Sales numbers rose by 6.9 percent in March, compared to the
same month a year ago, while prices increased by 15.8 percent, a real
estate information service reported Tuesday.
There are 3,227 homes sold in March, up from 3,020 for March 2009, while the median price of a home in San Diego County last month was $330,000, up from $285,000 in the same month a year ago, according to La Jolla-based MDA DataQuick.
DataQuick shows, 20,476 homes were sold in the six-county Southern California region - Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties - in March. That was up 33.3 percent from 15,359 in February, and up 5 percent from 19,506 in March 2009.
John Walsh, MDA DataQuick president. "It's a reflection of just how grim things got, that we've now had almost two years of sales gains and we're still 18 percent below the sales average," said "The market won't rebalance until mortgage lending patterns normalize, and that's just not happening yet. Some of the best deals out there right now are happening when the buyer comes in with cash."
Southern California home median price of a was $285,000 in March, up 3.6 percent from $275,000 in February and up 14 percent from $250,000 in March 2009.
Apr 13, 2010
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There are 3,227 homes sold in March, up from 3,020 for March 2009, while the median price of a home in San Diego County last month was $330,000, up from $285,000 in the same month a year ago, according to La Jolla-based MDA DataQuick.
DataQuick shows, 20,476 homes were sold in the six-county Southern California region - Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties - in March. That was up 33.3 percent from 15,359 in February, and up 5 percent from 19,506 in March 2009.
John Walsh, MDA DataQuick president. "It's a reflection of just how grim things got, that we've now had almost two years of sales gains and we're still 18 percent below the sales average," said "The market won't rebalance until mortgage lending patterns normalize, and that's just not happening yet. Some of the best deals out there right now are happening when the buyer comes in with cash."
Southern California home median price of a was $285,000 in March, up 3.6 percent from $275,000 in February and up 14 percent from $250,000 in March 2009.