The Law Office of Michael E. Ripley

Exceeding Expectations

Home Sales and Home Prices Down Compared to Last Month

According to the Union Tribune newspaper (September 13, 2013), home prices and home sales slipped a bit in August, compared to the previous month, in San Diego County.  Sales were down 9.5%, and the median price decreased from $418,000.00 to $415,000.00.  Still, that number is an increase of 20.2% from a year ago.