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SD home-price strength better than most areas

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October marked the second straight month that U.S. resold home values declined while San Diego County's were a bit stronger, according to the Zillow Real Estate Market Report.

The $162,800 median price was the first consecutive monthly decline nationally, but it was just a 0.1 percent drop from September and was still 5.2 percent higher than the October 2012 figure.

San Diego County's $437,500 median figure in October was 0.9 percent higher than September, and 20.4 percent higher than October 2012.

San Diego's 20.4 percent year-over-year increase was outpaced by such markets as Riverside -- which saw a 30.4 percent year-over-year increase following a lengthy downturn, and Sacramento with an identical 30.4 percent increase year-over-year.

The Zillow report also looked at average rents in the major metropolitan areas and arrived at a $1,300-per-month U.S average. San Diego checked in with an average of $2,166 in October -- about 2.7 percent higher than October of last year.

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