San Diego County Home Prices RISE in April!

San Diego County home prices inched up $5,000 in April to a median $290,000, MDA DataQuick reported Monday, as sales continued to rise.

Prices have now climbed $10,000 from a low of $280,000 in December and January, although it is unclear whether the increase is due to rising values or a change in the mix of properties changing hands.
The April median was still 27.5 percent below year-ago levels and off 44 percent from the all-time high of $517,500 in November 2005.
Single-family resale homes rose from a low of $319,000 in March to $325,000 in April. The latest median was 24.4 percent below April 2008's $430,000.
Resale condos were up $2,000 to $182,000 from their low, also set in March, and down 39.3 percent from a year ago, when the median stood at $300,000.

Click here for more.