July data from DataQuick indicate that the number of real estate sales in Pacifica rose 6.7 percent from one year ago, while the median price here dropped to $550,000, a 23.2 percent decline from one year ago.
In the Pacifica Tribune legal notices, foreclosure auction notices hit an all-time high of 73 in the first week of September but have declined sharply to a low of 40 this past week. That is the lowest level of trustee auction notices since the first week of May 2008.
The highest price paid for a house in Pacifica in July was $1,105,000. Despite that sale, the average per-square-foot sale price in Pacifica declined 30.3 percent, year to year, to $396 in July. It is now one of the lowest prices in San Mateo County.
monkframe
About the 85,000,000,000 being divided among 200,000,000 Americans.
I think the math is a little off. It would be $425 for each person, not $425,000.
But it's a novel idea.
Posted by: Bob Hutchinson | July 16, 2009 at 11:53 AM