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.”

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