Median San Diego County Home Price Down 16.9% Since November 2005 Peak

KGTV reports:

San Diego County's median home price last month plunged 13 percent from year ago levels, 10News reported.

Citing a DataQuick Information Systems report, The San Diego Union-Tribune reported that last month's median home price was $430,000, compared to around $495,000 during the same time the year before.

At its peak, the median home price in San Diego County was $517,500, which was recorded in November 2005, the newspaper reported.

That's an amazing 16.9% drop from the high.We predict the median will crack $400,000 within in the next 12 months.