Real estate prices firm up in July; volume and prices show increases in June

FALLBROOK – Home prices in both the Fallbrook and Bonsall real estate markets firmed up in July paced by an increase in volume, Jerry Kalman, a realtor® with HomeSmart Real Estate, reported on Aug. 6.

Comparing July real estate activity in Bonsall and Fallbrook with prior periods, the average selling price of $525,000 was four percent higher than June and two percent better than July 2013. The average price per square foot was $209. Sales volume was off 18 percent from July of the prior year but 18 percent higher than June 2014. In July of the current year, 23 percent of the homes so...