Single-family home price increases stall in San Diego County

SAN DIEGO - The trend of increasing prices and lower sales totals for single-family homes in the region stalled last month, according to data released today by the San Diego Association of Realtors.

The median price of a house in August was $610,000, about $5,000 less than in July. Meanwhile, 2,153 houses sold last month, or 49 more than the month before.

The San Diego real estate market has been hamstrung by declining inventory over the past year or so despite continued high demand, meaning rising prices but fewer sales. The trend was illustrated in the year-over-year figures, with the median...