Home sales drop in November countywide, but prices continue to rise

SAN DIEGO COUNTY – Sales of previously owned homes saw a dramatic – yet seasonal – decline during November, but for the year, San Diego County is on a better pace than 2014, according to new housing statistics from the Greater San Diego Association of Realtors® (SDAR).

Single-family home sales were down month-over-month by 25 percent, and about seven percent from November of 2014. Condominiums and townhome sales were down more than 24 percent from October, but posted an increase from a year ago: six percent. For the year-to-date, single-family homes sales are up nearly eight percent, and attac...