Real estate in July posts solid gains over previous month and year

FALLBROOK – Real estate activity in Fallbrook and Bonsall remained strong as prices and volume increased in July while a reduced number of properties entering escrow foretell of slowing activity in the coming months, Jerry Kalman, a Realtor® with HomeSmart Legends, has reported.

With a seven percent bump over July 2014 levels, the average Fallbrook and Bonsall selling price of $564,000 per home reflected a price increase and with it improved activity across the entire spectrum of homes from condos up through mid-level properties.

Volume was 23 percent better than July of 2014, but only slightl...