Home Prices Dropped in San Diego County in 2008 - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Home Prices Dropped in San Diego County in 2008

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San Diego County ended 2008 with the worst real estate downturn on record.

According to the San Diego Union-Tribune, home prices across the county dropped more than 24 percent since 2007.

The median home price in the county in 2008 was $360,000.

MDA Dataquick reported that the median price has dropped 42 percent since November 2005, when median prices peaked at $517,500.

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