Local home listing prices dropped 20 percent in June

Maybe some relief is coming for home buyers. San Diego County home price listings dropped 20 percent in June, according to Zillow.com. Among the 35 largest United States metro areas, the only larger drop was in Tampa, 22.2 percent.

San Diego’s 20 percent in June was up from a 12.3 percent drop in January and 12 percent a year ago. The median price decrease was 2.3 percent in June.

As earlier reported, the median price of San Diego homes is $583,700, and the median price of homes on the market is $650,000. Those are among the highest in the nation.