“Home sales dropped significantly in January compared to December, according to new housing statistics from the Greater San Diego Association of REALTORS® (SDAR).
“…The number of previously owned single-family homes sold dropped 36 percent in January. Condominiums and townhouses fell similarly. Further, single-family home sales were down about 10 percent compared to January of 2014.
“The silver lining is that prices remain stable. The median price of single-family homes in San Diego County ticked up to an even $500,000, and condos and townhomes were virtually unchanged from December, at $332,000.” (“The median price of single-family homes in San Diego County ticked up to an even $500,000”. San Diego Union-Tribune. http://www.utsandiego.com/news/2015/feb/16/sdar-home-sales-down-in-volume-up-in-price/. 16 Feb. 2015.)
Read more of this article by U-T San Diego.
John Silva has over 21 years experience in residential real estate. He is a San Diego native, specializing in helping sellers & buyers, with extra experience in: modifications, short sales, and negotiation.
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