September home sales data for San Diego show unusually strong sales but prices continue to fall rapidly.
The median home price has almost fallen $200,000 from the peak in San Diego.
MDA DataQuick reported that the median price for all homes dropped $22,000 from August to stand at $328,000 last month, the lowest since June 2002. The figure represented a 34.6 percent drop from the all-time peak of $517,500 set in November 2005. [emphasis mine]