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San Diego home prices as measured by the median price per square foot rose in December. This followed a price dip in November (which, in turn, had followed seven straight months of price increases).
The median price per square foot for single family homes rose 2.2 percent for the month and that of condos rose .4 percent. A volume-weighted aggregate of the two figures rose by 1.8 percent.
For the year, prices by this measure were up 7.6 percent for detached homes, 12.5 percent for condos, and 9.1 percent in aggregate.
As the accompanying graph shows, the final surge into the finish allowed home prices by this measure to reach new post-crash highs as 2009 came to an end.
— RICH TOSCANO