The Law Office of Michael E. Ripley

Exceeding Expectations

San Diego County Housing Market Picked Up in February

An article in the Union Tribune (March 13, 2014) states that the housing market in San Diego picked up in February, but it was still not enough to reverse a trend of a decline in sales and lower appreciation. The median price in February, 2014 was $410,000.00, which was up from $405,000.00 in January, 2014 and was 14.2% above the $360,000.00 median price from one year before. The article goes on to indicate that San Diego appears to be returning to its historical appreciation of 3%.