Saturday, March 29, 2014

SD Home Prices Holding Steady


San Diego County home prices are holding steady according to the latest MLS data. February's median sold price was $415,000 compared with $405,000 in January and $420,000 in December. The median for February 2013 was $350,000 for an increase over last year of 18%.

For the first 13 days of March, the median price of homes sold is $439,000 which is a significant increase over February, so it will be interesting to see how the rest of the month plays out.  The inventory of  homes currently for sale is still very low, making it a seller's market.

If you're curious about what your home might sell for in the current market and how much you would net after closing costs, I would be happy to provide you with that information, without cost or obligation.

Kimball Vincent
San Diego Gay Realtor