SDAR report: Median sales price of homes increased compared to l - San Diego, California News Station - KFMB Channel 8 - cbs8.com

SDAR report: Median sales price of homes increased compared to last year

Posted: Updated:

SAN DIEGO (CNS) - The median sales price of homes in San Diego County soared last month compared with February 2012, according to statistics obtained by City News Service from the San Diego Association of Realtors.

The median price of a detached home last month was $410,000. One year earlier, it was $360,000, according to the SDAR data.

Also last month, 1,508 houses sold, compared witho 1,504 in the same month last year. The February 2013 total was about 50 sales below the mark of the previous month.

The SDAR said the median price of the 762 condominiums or townhomes that sold in February was $250,000. That compares with 749 sales of attached homes with a median price of $198,500 in the same period of 2012.

Listings also moved about three weeks faster than last year, with an average time on the market of 70 days for houses sold in February and 74 days for attached homes, according to the data.

The association plans to release its report and offer comments Friday.

  • Local NewsMore>>

  • College students displaced after house fire

    College students displaced after house fire

    Wednesday, April 16 2014 4:16 PM EDT2014-04-16 20:16:53 GMT
    A dozen people were displaced when discarded smoking material sparked a fire at a former fraternity house near San Diego State University early Wednesday, causing $250,000 in damage, authorities said. 
    A dozen people were displaced when discarded smoking material sparked a fire at a former fraternity house near San Diego State University early Wednesday, causing $250,000 in damage, authorities said. 
  • Fire damages Mission Beach apartment building

    Fire damages Mission Beach apartment building

    Wednesday, April 16 2014 4:01 PM EDT2014-04-16 20:01:57 GMT
    An electrical problem in a ground-floor kitchen wall sparked a fire Wednesday that caused an estimated $250,000 worth of damage to a Mission Beach apartment building. 
    An electrical problem in a ground-floor kitchen wall sparked a fire Wednesday that caused an estimated $250,000 worth of damage to a Mission Beach apartment building. 
  • Killer sponges discovered off our coast

    Killer sponges discovered off our coast

    Wednesday, April 16 2014 2:02 PM EDT2014-04-16 18:02:16 GMT
    There is a new kind of predator that has been spotted off the San Diego coast. A species of sponge is living in the deep waters near La Jolla. 
    There is a new kind of predator that has been spotted off the San Diego coast. A species of sponge is living in the deep waters near La Jolla. 
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and Midwest Television, Inc. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.