Home prices continued to climb in county in October, with most expensive sale in Encinitas

The price of homes continued to increase last month, while the sales picture was mixed, according to a report issued by the San Diego Association of Realtors.

According to SDAR data, the median price of a single-family home in October was $580,000. That’s 2 percent more than in September, and 12 percent higher than October of last year.

For attached homes like condominiums and townhouses, the median sales price last month was $380,500, or 2 percent more than the month before and 9 percent above October 2015.

The SDAR reported that 1,927 houses changed hands last month, 7 percent fewer than the month before, but 1 percent — equaling 10 residences — more than October of last year.

For condos and townhouses, 1,014 sold in October, 9 percent fewer than September but 2 percent over October 2015.

The most expensive property sold in the county last month was a 6,350-square-foot, five-bedroom, six-bath residence with an ocean view in Encinitas, built in 2003, for a price of $11.1 million.


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