Take a deep breath, San Diego. The median home sale price in the county has exceeded $500,000.
The price surge is the highest since November 2005, when the median home price was $517,500, the San Diego Union-Tribune reported.
The median price of $507,500 in October was an 11 percent increase from a year ago, according to figures from CoreLogic released to the U-T.
Home prices have long been a source of stress for home buyers in San Diego, as cost of living here is frequently close to the top of many national real estate lists.
A separate study reported by CNN showed that San Diego ranks second behind just San Francisco for the salary needed to buy a home ($108,654).
In addition to San Diego being an attractive, sunny market, the U-T report pointed out that limited supply was a factor and that a surge of newly built homes has raised the median price.
