Thanks to the folks who sent in the Property Radar press release yesterday regarding the July sales in California. They mentioned that median prices fell in 13 of the state’s largest 26 counties:
https://www.propertyradar.com/reports/real-property-report-california-july-2014
But they didn’t say which counties!
According to our MLS, the median price of July detached-home sales in San Diego County rose 8% year-over-year, from $480,000 to $517,750 – though sales declined 19%.
Both sales and the median price in SD County look like they are topping out:
Month | ||
July 2013 | ||
Apr 2014 | ||
May 2014 | ||
Jun 2014 | ||
July 2014 |
Are you thinking of selling and are worried you missed the prime market? It could get more sluggish next year – sell when everyone else isn’t!
Probably not coastal counties, L.A. is up about 6% Aug-13 to Aug-14.
Not sure about month to month but it seems somewhat flat month to month at this point.
But Bad new leads LOL.
Statistics can almost always be bent to uphold your point of view as well.
If the first 10 largest counties don’t support your point of view, add 16 more LOL.