County leads region in home-price gains
Pace of sales, compared with ’08, also increasing
By Roger Showley, UNION-TRIBUNE STAFF WRITER
Wednesday, January 20, 2010 at 12:02 a.m.
San Diego County, with a 10 percent increase, led Southern California in home price improvement last month, although Los Angeles had the highest sales growth on a year-over-year basis, MDA DataQuick reported yesterday.
Overall, the six-county region had a 4 percent increase in median price, rising from $278,000 in December 2008 to $289,000 last month. It was the first year-over-year improvement since summer 2007. The one exception was the Inland Empire, where prices in Riverside and San Bernardino counties were lower in December than a year earlier.
Sales were up 12.1 percent regionally, while San Diego, as earlier reported, was up 9.8 percent and Los Angeles was up 31.3 percent.
Read More: http://www.signonsandiego.com/news/2010/jan/20/county-leads-region-home-price-gains/