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Median home price in San Diego County increases 18 percent from Dec. 2011 to Dec. 2012


Last updated 1/11/2013 at Noon

SAN DIEGO (Wire Service) - The median price of a single-family home in San Diego County last month was $418,500, an 18 percent increase over December 2011, the San Diego Association of Realtors announced today.

The December 2012 cost was also 3 percent above what it had been in November, according to SDAR statistics.

The organization reported that condominiums and townhomes had a median price of $253,000 last month, a 23 percent hike from December 2011.

Linda Lee, the president of the SDAR Board of Directors, said the figures are encouraging.

"The momentum carried into December, giving...

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