The median price for single family houses sold in San Diego last month rose 5 percent from May to $525,000, while the median price for condos sold here last month was unchanged at $334,500, according to the Greater San Diego Association of Realtors.
Year-over-year, the median price on single family houses in the county jumped 9 percent from June 2013, while the median price on condos increased 11 percent over the year.
House sales bounced back in June, with 1,943 single family houses sold, up 14 percent from May. Sales of condos increased 16 percent from May to 870.
The number of active listings in the county on the Multiple Listing Service increased to nearly 8,000 last month, a level that hasn’t occurred since February 2012, SDAR said.
All signs were aiming toward a healthier housing market, said President Leslie Kilpatrick. “Strong sales, improved inventory, steadily rising prices combined with low interest rates, all point to continued opportunities in San Diego real estate,” she said.
In June, the most expensive listing, a six-bedroom, seven-bathroom house with 10,200 square feet in Del Mar, sold for $14.5 million, SDAR said.