The Union Tribune has the new Dataquick numbers. "San Diego County's housing market continued to lose steam in June, with median home prices posting their first year-over-year decline in a decade and sales dropping for the 24th straight month."

"Last month's median home price dropped to $488,000, a 1 percent decline from a year earlier and a 6 percent decrease from last November's peak of $518,000."

"'To me, this is just part of a plateauing of prices,' said John Karevoll, of DataQuick. 'Between now and the fall, I'd say half the months will be slightly positive and half slightly negative, but I really don't read the drama in these numbers that most people will.'"

"Yet another indicator of the county's flattening market is the growing supply of homes for sale. As of Wednesday, there are 22,460 homes on the market, according to Sandicor."

"The numbers should come as little surprise to home sellers, who have watched their properties sit for months on the market while they lowered their asking prices in hope of getting offers. Similarly, builders are seeing sales slow. In response, they are dropping prices and offering generous incentives, noted industry insider Peter Dennehy."

"'Across the region, prices are coming down, incentives are rampant, and sellers are adjusting to longer times on the market,' said Dennehy."

"Todd Fleischmann moved from Escondido to Portland, Ore., in January to take a new job. He has yet to sell his Escondido condominium, but he recently lowered the price from $361,5000 to $338,000. 'It has been a disappointment but it is what it is,' he said of the cooling housing market. 'I am more concerned with selling my property than trying to get top dollar.'"