The Law Office of Michael E. Ripley

Exceeding Expectations

Home Sales in San Diego County Off to a Slow Start

An article in the Union Tribune (April 16, 2014) suggests that 2014 home sales in San Diego County are off to a slow start. There were 3,057 homes sold in San Diego County in the month of March, 2014, at a median price of $427,000.00. This is a drop in sales of 20% compared to March, 2013. Typically, home sales increase in the month of March, and gets better toward the summer. A factor causing the slow start is the inventory of homes for sale is still small.