The median price of a single-family home passed $1 million in August and attached properties also set a high-water mark, the Greater San Diego Association of Realtors announced Monday.
The median price of a single-family home passed $1 million in August and attached properties also set a high-water mark, the Greater San Diego Association of Realtors announced Monday.
Additionally, attached home prices — such as condominiums and townhomes — were up nearly 6% over July — hitting a record $677,000, almost 9% higher than a year ago."Home sales remained slow in August due to high interest rates and our severe lack of inventory — which is also keeping home prices high," said SDAR President Frank Powell."While this may be discouraging to prospective buyers, it is still possible to find the right home with the right patience and planning.
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