SAN DIEGO — Home sales in San Diego County dropped 11.4 percent in June, compared to the same month a year ago, while prices dipped by 1.6 percent, a real estate information service announced Tuesday.

A total of 3,444 homes changed hands locally last month, compared to 3,885 in June 2010, according to La Jolla-based MDA DataQuick. The median price of a home in San Diego County in June was $330,000, down from $335,500 in June 2010.


Let’s compare last month’s detached-home MLS sales for North SD County Coastal:

June 2010: 256 sales, $385/sf average.

April 2011:  234 sales, $372/sf average

May 2011:  243 sales, $383/sf average

June 2011:  245 sales, $377/sf average.

Sales and pricing are going to bounce around a little, so that is about as steady as possible.

Has there been any increase in sales due to buyers wanting to get in before school starts?  Any pressure to pay more, in order to get something done this summer that would be evidenced by more sales? 

It doesn’t seem like it, the NSDCC new pendings have been steady too:

New pendings, last 12 days:  101

Previous 12 days:  99

I don’t think the buyers are budging – they’ve waited this long, they want a fair deal.

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