SAN DIEGO (CNS) - The median price of a home in San Diego County rose by 8.1 percent in September, compared with the same month a year earlier, while the number of homes sold dipped by 6.2 percent, a real estate information service announced Tuesday.
According to CoreLogic, the median price of a San Diego County home was $535,000 last month, up from $495,000 in September 2016. A total of 3,553 homes were sold in the county, down from 3,786 during the same month the previous year.
A total of 20,956 new and resale houses and condos changed hands in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties last month, according to CoreLogic. That was down 12.9 percent from 24,055 in August and down 1.7 percent from 21,325 in September 2016.
The median price of a Southern California home was $505,000 in September, up 1 percent from $500,000 in August and up 9.8 percent from $460,000 in September 2016.
"The Southern California median sale price's climb back to the peak it reached more than a decade ago reflects the region-wide strengthening of home prices, which has boosted homeowner equity and helped spur consumer spending and economic growth," said Andrew LePage, research analyst with CoreLogic. "In inflation-adjusted terms, however, the region's median last month was still almost 13 percent below its 2007 peak."
One person was killed Friday in a crash involving a motorcycle on northbound Interstate 5 in Carlsbad.
Covet Canyon, a paramilitary training camp in the East County, is in financial trouble after the owner defaulted on property payments. Owner Marc Halcon has 90 days to make good on the debt or the 160 acre property could fall into foreclosure and auction.
Spencer Abbott had two goals and two assists after missing two games and Eric Fehr scored twice in his debut with the San Diego Gulls in an 8-3 victory over the Tucson Roadrunners Friday night.
On Friday, a fourth woman came forward with disturbing allegations of sexual assault by a San Diego County Sheriff’s Deputy.
Angry Poway Unified School District parents on Friday packed the sidewalk calling for a local teacher to be fired after sending inappropriate text messages to a teenage student.
The unemployment rate in San Diego County dropped to 3.7 percent last month from 4.1 percent in September, according to state figures released Friday.
Black Friday is a week away, but many retailers are now making you wait. This year, companies are offering discounts the entire week leading into Black Friday. News 8's Eric Kahnert reports on some of the goods you can get during Black Friday "week."
A sea of pink will travel through San Diego starting Friday for the Susan G. Komen San Diego 3-Day. The 60 mile journey kicks off early Friday morning and ends Sunday evening at the final destination – the celebratory Closing Ceremony.
Camp Pendleton and Naval Base San Diego have among the highest rates of sexual assaults reported to the military among Marine Corps and Navy bases worldwide, according to a Department of Defense report released Friday.