July home sales three percent higher than last year

Home sales in San Diego County rose 3 percent in July, compared with the same period a year ago, and were up 3.2 percent from the previous month, according to figures released Tuesday.

The median price of an existing, single-family home in San Diego last month was $372,640, up 2.8 percent from $362,650 in June, but down 8.8 percent from $408,730 in July of last year, according to the California Association of Realtors.

Statewide, home sales increased 12 percent in July, compared with the same period a year ago, and were up 8.1 percent from the previous month, according to CAR.

The median price of a home in California in July was $285,480, up 3.9 percent from $274,740 the previous month, but down 19.6 percent from $355,000 this time last year, according to CAR.

According to Leslie Appleton-Young, CAR’s vice president and chief economist, July marked the fifth consecutive month of month-to-month increases in the median price of a California home.

“This was the largest increase on record for the month of July based on statistics dating back to 1979,” she said. “The yearly decline in July also was the smallest in the past 19 months.”

The median number of days it took to sell a single-family home in California was 39.9 days in July, compared with 47.8 days for the same period a year ago, according to CAR.

Related posts:

  1. Home sales looking up
  2. Home sales increase as prices drop
  3. County unemployment rate at 8.6 percent
  4. SD foreclosures fall 9.9 percent
  5. Luxury home prices drop

Short URL: http://www.delmartimes.net/?p=4505

Posted by on Aug 25, 2009. Filed under Archives. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply



Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6





  • Czech violin duo to perform at Village Church in Rancho Santa Fe
    In cooperation with the Consulate General of the Czech Republic, the Czech School San Diego hosts a free classical violin concert by internationally recognized Czech violin player Jaroslav Svecený and his daughter, Julie Svecená, who are on a tour of the United States. The concert will be at 7 p.m. Oct. 27 in the Village Church. The father-daughter duo will […]
  • Rancho Santa Fe weekly sports update
    Torrey Pines defeated Canyon Crest Academy 4-3 in a Palomar League opener for both teams on Oct. 9. Alayna Tomlinson and Farah Farjood each scored two goals to lead the Falcons. Samantha “Sammy” Cirino added one goal and one assist. […]
  • ‘Kachina Dolls and Dances’ to be topic at Rancho Santa Fe Historical Society lecture
    Native American expert Dr. James Kemp will discuss “Kachina Dolls and Dances” from 10:30 a.m.-12:30 p.m. Saturday, Oct. 25, at the Rancho Santa Fe Historical Society. Katsina figures, also known as kachina dolls (in photo at right), were carved typically from cottonwood root by the Hopi people to instruct young girls and new brides about the katsinas, the im […]