Real estate ends “Summer Season” with positive outlook

Metrics show Fallbrook and Bonsall prices ahead of 2015

FALLBROOK – New escrows in August portend strong real estate activity in the month ahead, Jerry Kalman, a realtor® with HomeSmart Legends, reported Sept. 7.

“In August, Fallbrook and Bonsall homes sold on an average of 42 days while on the market, 22 percent faster than in August 2015,” he said. “Meanwhile, average August selling prices in our two communities dropped five percent to $537,000, due largely to a reduction in high-end home transactions in the month. That measure of sales was also two percent above a year ago and still the str...