voiceofsandiego.org: Toscano... Still No Spring Rally for Median Home Prices
an independent nonprofit |
We depend on your donations. Consider joining us today.

Still No Spring Rally for Median Home Prices


PRINT     E-MAIL STORY    SHARE

The size-adjusted median price for San Diego resale homes fell again in May, dropping 2.0 percent from April's median.

However, that number hid some widely disparate behavior between property types: the size-adjusted median was actually flat for single family homes while it fell a whopping 5.9 percent for condos.

From the peak of the series in September 2005, the size-adjusted median has fallen 28.0 percent for single family homes, 32.5 percent for condos, and 29.6 percent in aggregate. The bulk of that decline has taken place within the past year.

-- RICH TOSCANO

A Nerd's Eye View

Rich Toscano is a financial advisor with Pacific Capital Associates*;
he also writes about San Diego real estate at Piggington's Econo-Almanac.
Contact him at rtoscano@pcasd.com.

'Smart Bombs' Stop Cancer Spread in Mice:

 

And yes, the new strategy involves nanotechnology.

Wednesday, July 9 -- 5:23 pm

MEA Backs Goldsmith:

 

The city attorney challenger pulls out another endorsement.

Wednesday, July 9 -- 5:04 pm

Uptown Height Limits:

 

Council passes ordinance that keeps buildings in Hillcrest and Mission Hills at 65 feet or lower

Wednesday, July 9 -- 3:24 pm


Sponsored By

MOST POPULAR STORIES:

SURVIVAL IN SAN DIEGO

A Market Here, a Market There and Two Years in Between :

 

The housing market in my homeland is beginning to look familiar.

Wednesday, July 9 -- 2:49 pm

LETTERS TO THE EDITOR

What a Treat:

 

Heaven Sent was la crème de la crème.

Wednesday, July 9 -- 4:05 pm

CAFÉ SAN DIEGO

You're the Journalist, Part II :

 

We've got more answers to your questions.

Wednesday, July 9 -- 3:10 pm

COMMENTARY: SLOP

Aguirre's Nod and the Vox Populi :

 

What the Dem endorsement means and an invitation to get your questions in.

Wednesday, July 9 -- 11:50 am

COMMENTARY: RICH TOSCANO

Housing Oversupply Continues to Wane :

 

Resale housing supply is back down to pre-credit crunch levels, but foreclosures still loom.

Wednesday, July 9 -- 5:30 pm
Sponsored by

This Just In

Sanders Vetoes Council Vote on Budget:

 Mayor says he didn't want to issue veto, but had to because city attorney failed to issue an opinion on legality of council vote. » Dec. 3 -- 8:22 pm



Earn College Cash:

 Announcing our first ever high-school essay contest.

Dec. 3 -- 6:12 pm


Zucchet Sought for MEA Top Spot:

 Union leader Italiano says she wants ex-councilman to apply.

Dec. 3 -- 5:13 pm


SURVIVAL IN SAN DIEGO

Tales from a House Hunt: Chapter V:

 'At this point, if we lose it, we know it wasn’t to be.'

Dec. 3 -- 10:43 am



LETTERS TO THE EDITOR

Lam's Dismissal Justified:

 Former U.S. Attorney's tenure was marked by unsubstantiated prosecutions and failure to protect the border.

Dec. 3 -- 6:37 pm



CAFÉ SAN DIEGO

A Taxing Question:

 Considering the potential gains, would $2.50 per gallon for gas be that bad?

Dec. 2 -- 4:49 pm



COMMENTARY: SLOP

Chula Vista Manager: Yet More Pain Could Be Coming:

 The city will have to deal with a lingering gambling problem.

Dec. 3 -- 4:05 pm



COMMENTARY: RICH TOSCANO

Unemployment Likely to Keep Rising:

 Past recessionary patterns indicate that San Diego unemployment could climb for quite a while yet.

Dec. 2 -- 9:19 pm

Copyright © 2008 voiceofsandiego.org. All Rights Reserved.