According to the SDAR, the most expensive single-family property sold last month in the county was a $17 million oceanfront residence at Little Point in La Jolla.
SAN DIEGO — The median price of sold homes didn’t change much between April and May, but the number of sales continues to grow, it was announced Tuesday.
Single-family home sales last month increased by 4.4% and attached properties such as condominiums and townhomes jumped more than 7% month-over- month according to data compiled by the Greater San Diego Association of Realtors through the San Diego Multiple Listing Service.
Compared to the same period in 2023, existing home sales decreased but the supply of homes on the market is more than 50% higher than last year at this time.
“We are eager to see May’s increase in home sales,” SDAR President Spencer Lugash said. “Even more exciting is the over fifty percent inventory …