The Law Office of Michael E. Ripley

Exceeding Expectations

San Diego home prices are up 9% according to San Diego Union Tribune

According to San Diego Union Tribune (February 27, 2013), San Diego home prices are up 9%, compared to a year ago.  This is the highest increase for any given month since July, 2010.  According to local real estate tracker DataQuick, the median price for a San Diego home sold in January was $350,000.00, nearly 15% higher than a year ago.  However, the county is still about 32% below the peak of $517,000.00 set in November, 2005.