The Law Office of Michael E. Ripley

Exceeding Expectations

San Diego Home Prices Hit Two Year Highs in May!

According to the Union Tribune newspaper (June 12, 2013), home prices hit two year highs in San Diego last month.  The median price for a home sold last month was $406,000.00, a 2% increase from a month before and a 21% increase from a year ago.  Also, there is increased demand for homes.  In May, 2013 there were a total of 4,236 homes sold, the highest tally since June, 2006.