November Home Sales Decline, While Median Prices Tick Up

With the holiday season in full swing, San Diego County home sales took another dive in November, according to the Greater San Diego Association of REALTORS® (SDAR) which compiles data on the current home sale market through the San Diego Multiple Listing Service (SDMLS).

Single-family resale home sales fell by more than 17 percent in November, compared to October, while attached properties (condominiums and townhomes) were nearly 15 percent lower than the previous month. The median price of single-family homes ticked up by 2 percent in November to $980,000, which is more than 11 percent higher than a year ago.

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