North San Diego County real estate ends year with solid price appreciation

FALLBROOK – Real estate activity in two prime North San Diego County markets closed the year on several high notes as prices and volume showed expected strength, Jerry Kalman, a Realtor® with HomeSmart Legends, reported Jan. 6.

“December home sales in Fallbrook and Bonsall, paced by the closing of several high-end properties, came in 16 percent better than December 2015 and eight percent above the prior month. Volume also showed strength though it lagged last year by 16 percent,” he reported.

Looking at homes coming off the market, an indicator of future activity, the average price and number...