Real estate market continues to improve

FALLBROOK – Real estate activity shows significant signs of improvement in Fallbrook and Bonsall as the number of homes entering escrow in February foretells of a solid spring 'season' in the coming months, Jerry Kalman, a Realtor® with HomeSmart Legends has reported.

The average Fallbrook and Bonsall selling price of $504,000 per home reflected a slight gain over the prior month but a 14 percent drop from a stronger February 2015. Sales volume in the two communities was 16 percent better than in the prior February and a 30 percent increase over January.

Entering March, 221 homes were in the a...