Economy

San Diego County Home Sales Drop From Year Ago

By Ed Joyce / Reporter

Published September 13, 2010 at 10:00 PM PDT

This story was published more than 14 years ago.

Home sales in San Diego County have dropped from August 2009 to August of this year.

The San Diego Association of Realtors report for existing homes in the county shows sales down 8 percent from August 2009 and the average sales price down nearly 4 percent.

Mark Marquez, president of the Realtors Association, said the average sales price for homes last month was $262,000.

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Marquez said while homes in the entry level have been selling, the sales pace for higher-priced homes was slower in August.

"As you escalate in price point it does soften a little bit, meaning there's more inventory," said Marquez.

In the near term, he expects most of the sales volume to be generated from homes priced at $500,000 or lower.

"Areas like South Bay, Paradise Hills, Encanto, La Mesa, El Cajon," said Marquez. "There's areas where you can still buy condos for $100,000."

Marquez said the median sales price for a San Diego County home has stayed in the $315,000 to $320,000 range for several months.

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Ed Joyce was the environment reporter and afternoon news anchor for KPBS-FM. Before joining KPBS, he worked as an editor/columnist with Copley News Service in San Diego. Ed has an extensive background in newspaper, radio, web and TV journalism. After graduating with a B.A. in Communications from the University of Washington in Seattle, Ed began a career in broadcast journalism. His work has included stints in public broadcasting, commercial broadcasting and education -- working as an affiliate professor of communication and reporter at the University of Idaho and Washington State University in Pullman, Wash. During the past 20 years he has worked in radio, TV and print as a news reporter, anchor, writer, editor and producer. Along the way he has won numerous awards for general news reporting, newswriting, feature and issue reporting and breaking news reporting from The Associated Press, The Society of Professional Journalists, San Diego Press Club and other organizations. During the mid-1990s, while working for Oregon Public Broadcasting, he was a frequent contributor to National Public Radio, including a feature report on the memorial service for 14 U.S. Forest Service "hotshots" who died fighting a wildfire in Colorado (the crew was based in a central Oregon town). He’s also filed reports with Marketplace, KQED’s California Report and Climate Watch and with national and regional networks throughout the United States. At KPBS, Ed continues his contributions to National Public Radio and other national and regional news organizations. He has won awards from the Society of Professional Journalists and San Diego Press Club for his environmental reporting at KPBS-FM-TV and for producing and anchoring radio newscasts. In 2007 he was selected a National Press Foundation fellow for Understanding Violent Weather II program. The seminars were held at the National Weather Center in Norman, Okla. In 2008 he spoke at a UC San Diego conference on U.S. National Security as part of the school’s Institute on Global Conflict and Cooperation. Ed led a discussion with the 18 foreign government officials and academics about the political debate over climate change. In 2010, Ed was elected to a three-year term on the board of the San Diego Press Club.

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