SAN DIEGO (CNS) - Home prices were up in San Diego County compared to a year ago, but sales were down, the San Diego Association of Realtors reported Friday.
In November, 2,100 homes exchanged hands in the county, compared to 2,300 in October, down about 8.7 percent, according to SDAR.
Compared to November 2009, sales of single-family homes plummeted 13 percent, and attached homes like duplexes and condominiums plunged 16.9 percent.
"We are hopeful that the early part of 2011 will post better numbers," said SDAR President Mark Marquez. "(Loan) rates remain low and San Diego has about six months of available inventory; both are a plus for buyers.
"We are closely watching the proposals with regards to the mortgage interest deduction, which is an important incentive for home ownership. Just the idea of limiting or eliminating that deduction could keep many buyers on the fence and delay the housing recovery even further."
Houses are remaining on the market longer - 80 days for detached homes, a 19 percent increase over last year, and 99 days, or 39 percent longer, for attached homes.
The median sale price for houses in November were $389,900, up 1.4 percent over October and nearly 4 percent higher than in November 2009.
For 2010 sales from January through November, the median price was 9.4 percent higher than over the same period in 2009.
The SDAR report also included sales by zip code. Among the major drops:
The only place where a significant increase in sales was found, compared to November of last year, was in College Grove, where 38 homes sold instead of 22.
According to Scripps Ranch residents, for weeks they've been waking up to deep scrapes and scratches that someone keyed in their vehicles, and on Sunday an arrest was made in connection with the incidents.
One person was killed and several others seriously injured in a head-on crash Sunday in Scripps Ranch.
A 71-year-old woman was arrested on suspicion of stabbing her 31-year-old son at least four times with a kitchen knife, when an argument at their San Diego home Sunday escalated into a fight.
The San Diego Gulls will seek their team-record ninth consecutive victory Sunday when they face their rival, the Ontario Reign, at Citizens Business Bank Arena in Ontario.
Some public facilities will be closed Monday in observance of Presidents Day and the Metropolitan Transit System will offer reduced service.
Just the thought of free agent first baseman Eric Hosmer joining the downtrodden, youthful San Diego Padres sent a morning jolt through the spring training clubhouse.
Cold weather, light rain, mountain snow and gusty winds are all in the cards for San Diego County, forecasters said Sunday.