County home sales off in January

City News Service

Home sales in San Diego County dropped 3.2 percent in January, compared to the same month a year ago, while prices dipped by 0.3 percent, a real estate information service reported today.

A total of 2,248 homes changed hands locally last month, compared to 2,322 in January 2010, according to La Jolla-based MDA DataQuick. The median price of a home in San DiegoCounty in January was $304,000, down from $305,000
in January 2010.

A total of 14,458 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in January, according to DataQuick. That was down 26 percent from 19,528 in December, and down 5.9 percent from 15,361 in January 2010.

“Last month was sort of a flashback to January last year — sales were lousy, but many investors and others looking for bargains stayed active,” DataQuick President John Walsh said. “They kept working the distress-heavy, lower-cost markets through the holidays, which translated into a relatively high level of investor and cash deals closing last month.”

The median price for a Southern California home was $270,000 last month, down 6.9 percent from $290,000 in December, and up 0.6 percent from $271,500 in January 2010, according to DataQuick.

Related posts:

  1. More than 350,000 marijuana plants seized in San Diego County in 2010
  2. Auditor: San Diego $377M behind in street repairs
  3. Volunteers needed for Adopt-A-Beach program
  4. Scripps Health starts work on proton therapy center
  5. Texas native, former jockey named 2010 Miss Cougar Del Mar

Short URL: http://www.lajollalight.com/?p=35619

Posted by Staff on Feb 15, 2011. Filed under News, Region. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Leave a Reply

La Jolla Community Calendar

Facebook

Bottom Buttons 1

Bottom Buttons 2

Bottom Buttons 3

Bottom Buttons 4

Bottom Buttons 5

Bottom Buttons 6

RSS North Coastal News

  • More water storage and renewed calls for conservation July 26, 2014
    As local and state officials heighten their calls for conservation, the San Diego Water Authority this month celebrated the completion of a project that goes a long way toward ensuring water reliability for the region. The $416 million San Vicente Dam Raise project is finished. Raising the height of the dam in Lakeside greatly increases the reservoir’s capac […]
  • California Chiropractic Association elects Del Mar practitioner as president July 25, 2014
    The California Chiropractic Association, the Sacramento-based statewide, nonprofit organization of chiropractic doctors and allied industries, announced that Brian Stenzler, a San Diego and Del Mar-based doctor of chiropractic, was elected to serve as president of CCA. He succeeds Matt Hubbard, also of San Diego, who now serves as Immediate Past President. […]
  • Surf Soccer Club Academy GU9 team tops in division at 2014 Albion Cup July 25, 2014
    The Surf Soccer Club Academy GU9 team took first place in the 2014 Albion Cup (Girls U9 Cup) on July 18-21. They beat Carlsbad United’s top GU9 team in the semi-finals and went on to shut out Strikers FC in the finals, 4-0. Awesome tournament play by the entire team! […]