San Diego Business Journal

San Diego Housing Prices Increase in March

By Mike Allen Tuesday, April 8, 2014

San Diego’s housing market continued to appreciate in March, with the median price of a single-family house rising to $490,000, the highest value since December 2007, as the Great Recession was beginning, according to the Greater San Diego Association of Realtors.

That median price was up 4 percent from the February price, and up 13 percent from March 2013, SDAR said.

The median price on condominiums sold last month was $305,000, up 2 percent from February and up 7 percent from March 2013.

There were 1,767 sales of single-family houses last month, up 32 percent from February, but down 15 percent from a year ago.

The most expensive house sold last month was a four- bedroom, six-bath, Encinitas house for $10.5 million, SDAR said.