Skip to main content

LATEST UPDATES: Tracking COVID-19 | Racial Justice | Election 2020

DataQuick: Median Home Prices Go Up In Q3

Home price appreciation during the third-quarter grew by double digits compared to a year ago, according to new data.

Research firm DataQuick said the median price paid for a California home during the third quarter was $360,000. That's up 4 percent from the previous three months and 26 percent from a year ago.

The increase in home values has helped cut down the number of people in California who owe more than their homes are worth. DataQuick analysts said that drives down the number of homeowners vulnerable to foreclosure.

In fact, "notices of default" or foreclosure starts during the third-quarter fell more than 20 percent from the previous quarter and nearly 60 percent from the same period last year.

Last quarter's foreclosure starts were the second-lowest since the early part of 2006.

FEATURED PODCAST

San Diego News Matters podcast branding

KPBS' daily news podcast covering local politics, education, health, environment, the border and more. New episodes are ready weekday mornings so you can listen on your morning commute.

  • Need help keeping up with the news that matters most? Get the day's top news — ranging from local to international — straight to your inbox each weekday morning.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Curious San Diego banner

Want more KPBS news?
Find us on Twitter and Facebook, or sign up for our newsletters.

To view PDF documents, Download Acrobat Reader.