Local real estate activity remains strong

FALLBROOK –. Real estate sales activity was strong again in North San Diego County as entry-level and mid-range homes continued to spark demand for single family residences, Jerry Kalman, a Realtor® with HomeSmart Real Estate, reported last week.

Average August selling prices in Bonsall and Fallbrook of $494,000 were four percent lower than July, but 21 percent better than August 2012. Despite some extreme discounting, the difference between original and selling prices was six percent in August. Meanwhile, more than 30 percent of the homes sold at or above the original asking price....