Home sales up, prices dip in November, states report

A report finds home sales in San Diego County jumped by 7.3 percent in November compared to the same month a year ago, but prices dipped 6 percent in the same year-to-year comparison.

La Jolla-based real estate information service DataQuick reports that 2,754 homes changed hands in the county last month compared to 2,566 in November 2010.

The median price of a home in the county last month was $315,000. In Ramona, the median price of a home in November 2011 was $280,000, down from $306,500 the same month in 2010, according to DataQuick. Included in that are single-family homes and condominiums.

In November 2011, the median price of a single family was $285,000, down 10.9 percent from $320,000 in November 2010. The median price of a condominium last month was $110,000, down 31 percent from $159,500 the same month in 2010, according to the report.

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Posted by Staff on Dec 19 2011. Filed under Business, Business Briefs. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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