The median price of a house sold in San Diego County in October was $440,000, down 1 percent from the median price paid in September, said Corelogic Dataquick.
The median price paid last month in the six-county Southern California region was $410,000, led by Orange County, where it was $595,000. The lowest median price was in Riverside County at $245,000. The data includes new and resale houses, and both detached and attached units.
The median priced house in San Diego was up 6.6 percent over the year from October 2013.
Sales in San Diego last month were essentially flat at 3,308, which was only down by 14 sales from September.
Over the 12 months, house sales in the county declined 5.7 percent.
Constrained inventory throughout the region continues to dampen the industry’s full recovery to normalcy, said Andrew LePage, data analyst for Corelogic Dataquick.
“Some people who want to put their homes up for sale still haven’t regained enough equity to purchase their next home,” he said. “Then there are would-be buyers who continue to struggle with affordability and mortgage availability, if not uncertainty over employment or the direction of the housing market.”