Real estate activity increases in February

FALLBROOK – February home-prices were up over year-earlier and prior-month levels in North San Diego County as the local real estate inventory rose anticipating a surge of activity in the coming months, Jerry Kalman, a Realtor® with HomeSmart Real Estate has reported.

Comparing February real estate activity in Bonsall and Fallbrook with prior periods, the average selling price of $543,000 was 15 percent higher than January and 39 percent higher than February 2013. Overall, selling prices were 12 percent lower than original asking prices. In February, 21 percent of the homes sold at o...