Home sales up over a year ago, but down from August

Overall, September sales of resale homes in San Diego County fell from last month, but improved somewhat from September of last year, according to figures from the San Diego Association of Realtors released on Oct. 5.

Single-family homes decreased by 2.5 percent compared to August, but jumped 8 percent from September 2010. Condo sales fell (13.6 percent) from August, but showed little change from the same month last year, the report said.

In La Jolla, 21 homes sold this September, compared to 25 a year ago; year to date for La Joll the total is 202 compared to 191 a year agog.

Median prices for both single-family homes and condos remain lower than 2010 levels, but the median price of condos increased slightly compared to August of this year.

“Single-family home sales for September were positive, while condo sales remain flat compared to September of last year,” said Bob Kevane, SDAR President. “The attached home median price is only trailing slightly behind 2010 levels, while the median price for single-family homes is more than 7 percent less than at the same time last year.”