Abstract:
Data and information on the San Diego remodeling market
Publication Date:
Wed, 2009-09-30 19:00
Article Image:
Population: 3,001,072 (6.7 percent increase since 2000)
Existing home sales: Q2 2009 sales were up 16.3 percent from 2008 and up 22.9 percent from Q1
Home prices
• Down 16 percent from 2008
• Down 41.2 percent from November 2005 local peak
• Down 32.7 percent over last 5 years
• Up 35.7 percent over last decade
Homeownership rate: 59.0 percent (No. 65 among major metros)
Median household income: $60,970
Local unemployment rate: 10.3 percent (up from 6.3 percent in 2008)
Sources: S&P/Case Shiller Home Price Index, San Diego Association of Realtors, U.S. Bureau of Labor Statistics, U.S. Census Bureau
RELATED LINKS
San Diego Union Tribune: Housing prices in county rise, but sales down
San Diego Union Tribune: Report: Slower recovery in state
The Corner Office: Marrokal Construction
The Corner Office: Lars Construction
