the overall median price dropped $22,000 from August to $328,000, the lowest since June 2002, largely as a result of the dominance of low-cost foreclosure sales. The figure represents a 34.6 percent drop from the peak of $517,500 set in November 2005.Ouch.
Monday, October 20, 2008
San Diego County Median Home Price Down to $328,000
San Diego Union Tribune reports: