San Diego County’s Housing Prices and Sales Sink

There were 1,682 home sales in January, CoreLogic reported Tuesday, which was the lowest ever recorded in data going back to 1988. Before this, the slowest month was 1,742 sales in February 1995, when much of the nation’s housing market was going through a steady period of a decline after a run-up in prices in the late 1980s.

San Diego County’s median home price — which includes resale single-family, condos, townhouses and newly built homes — fell for the eighth month to $750,750. That’s down from a peak of $850,000 in May.

read more at: https://www.sandiegouniontribune.com/business/story/2023-02-28/san-diego-home-sales-fall-to-lowest-level-in-35-years

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