Housing market ended 2014 with steam
San Diego County’s housing market ended 2014 with a bit of momentum, as the median price of a home sold and the number of transactions both increased in December.
It was the first time since September 2013 that sales and price both saw annual gains in the same month.
In December, the median price for a home sold in the county was $440,000, up 4.8 percent from December 2013, real-estate tracker CoreLogic DataQuick reported Wednesday. Also, 3,290 properties changed hands in the final month of 2014, up 191 over December 2013. Transactions in December, however, rose 23 percent over the 2,675 sales in November. That was the largest monthly gain since activity rose 35 percent from February to March 2013, when 3,762 properties changed hands.
Read more: http://www.utsandiego.com/news/2015/jan/14/dataquick-december-realestate-home-sales-mortgage/
