County home prices at highest since August 2008
San Diego County home prices, which were falling at double-digit rates a year ago, are now rising rapidly as investors grab the last remaining bargains and upper-end buyers find deals to their liking.
MDA DataQuick reported Monday that the May median price stood at $340,000, up 4.5 percent from April and up 15.3 percent from a year ago. It was the eighth straight month of year-over-year increases.
“Across the board, it looks like almost everything is off the bottom,” said DataQuick analyst Andrew LePage. “A lot of places are up a little from a year ago.”
Full story is available Sign On
