In an article By Roger Showley, a UNION-TRIBUNE STAFF WRITER, he states:
The overall median price for homes sold in March was $395,000, the lowest since November 2003. That marked a 4.8 percent drop from February and a 19.4 percent decline from March 2007.
The median, representing the midpoint of all prices reported, has now sunk $122,500, or 23.7 percent, from the peak of $517,500 in November 2005, DataQuick figures show. But the median price is still twice what it was in March 1999.
Read the entire article about the drop in housing prices in the San Diego area.
Tags: homes, mortgages, real estate for sale, san diego foreclosures, san diego homes, San Diego real estate
