SAN DIEGO (KGTV) -- New data shows that home sales in Southern California could be dipping, while sales in San Diego County are on the rise.
The data from CoreLogic shows that the sale of existing housing sold in Southern California in April of 2018 was down nearly four percent since March of 2018.
In San Diego County, however, home sales increased by more than five percent in April. Likewise, year-over-year home sales across the county increased by more than two percent.
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Data also shows that a large chunk of home buyers don’t even live in Southern California. According to CoreLogic, investors and vacation home buyers accounted for more than 22 percent of all April home sales.
The chart below shows the month-to-month difference between March and April of 2018 in Southern California home sales:
The report comes amid a flurry of other information showing that, not only is the sale of homes up, but so is the price.
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The California Association of Realtors recently came out with a report showing that the median home price in San Diego County has increased to $610,000.
