San Diego County’s housing price slide reversed course last month and brought the median up $9,000 from September to $485,000, DataQuick Information Systems reported yesterday.
In middle of article:
The median price for resale single-family houses, representing half the market, fell $10,000 in October, DataQuick figures showed. The $535,000 median was down $34,500, or 6.1 percent, from its all-time high of $569,500 set in May and is back to where it stood in March last year.
Could the median price of new homes be so different that it skews the data by this much?
The median price for re-sale single-family homes in San Diego County dropped for the fifth month in a row, down 2.8% to $550,000, from September. Year-over-year, the median price is down 4.3%.
Who publishes the most reliable statistics? There seems to be some disagreement between sources.