San Diego County’s median home price was $575,000 in December, a slight decrease from the previous month but still near record highs.
The median price hit an all-time high of $594,909 in November, said CoreLogic data provided by DQNews. Still, San Diego County’s price in December was up 4.5 percent in a year — ending the year on a high note after a sluggish first six months.
San Diego’s rise mirrors a hot national real estate market, which has been lifted by low interest rates, a strong economy and historically low unemployment. National sales of previously owned homes increased 10.8 percent in a year as of December, the National Association of Realtors reported Wednesday.