San Diego County homebuyers last year purchased the most $1 million-plus properties since 2007.
In 2013, 3,519 properties worth $1 million or more sold in the county, a 48.7 percent jump from 2012, real estate tracker DataQuick reported Thursday. It was the highest number of seven-figure homes sold since 3,888 changed hands in 2007. In the summer, San Diego median home values saw 24 percent year-over-year appreciation. That and higher demand pushed many recovering home values back into the $1 million range, DataQuick reports.
The county’s biggest sale last year was a Del Mar home at 1936 Ocean Front, which went for $18.75 million, public records show. La Jolla’s 92037 ZIP code recorded the county’s most $1 million-plus sales in 2013 with 398, ranking it third in the state.
