It marks the first annual increase in 5 years!
Sales of million dollar homes in San Diego County rose 15% in 2010, the first increase since 2005, according to an article by Lily Leung in the SD Union Tribune. From 2009 to 2010 Del Mar showed an increase of 5%, Encinitas almost 11% and Rancho Santa Fe 70%!!!! There currently 81 pending sales over $1 million in those 3 communities. DataQuick analyst Andrew LePage said more activity in the million-dollar-plus market could be “another indication that the economy is improving.”