Real estate market shows strength against seasonal decline

FALLBROOK - Despite minimal activity in the high-end segment, real estate prices in the Fallbrook and Bonsall markets showed strength against seasonal declines in volume in October, Jerry Kalman, a Realtor® with HomeSmart Legends, reported.

The average Fallbrook and Bonsall selling price of $525,000 per home reflected a 16 percent rise over September and an eight percent increase in the average selling price over October 2014. Volume in the two communities declined in keeping with seasonal expectations.

In October, 16 percent of the homes sold at or above the original asking price. Meanwhile,...