Housing market slightly up in February

Housing market slightly up in February

San Diego County’s housing market picked up a little steam in February, but not enough to reverse a trend of declining sales and lower appreciation.

The median price for a home sold in February was $410,000, up from $405,000 in January and 14.2 percent from the $359,000 a year ago, real estate tracker DataQuick reported Wednesday. Annual appreciation has slowed since peaking at 24.1 percent in June, when the median was $416,000.

Mark Goldman, a loan officer and real estate lecturer at San Diego State University said San Diego is returning to its historical appreciation of 3 percent.

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