After months of grim reports of slumping sales and free-falling prices, San Diego County's housing market showed signs of life in April with sales up 33.3 percent from March and the median price back at the $400,000 level.

 

But the statistics only looked good in comparison with the most recent past. The price rebound came after nine straight months of falling prices that brought the median to $395,000 in March – the first time it was below $400,000 since January 2004, according to DataQuick Information Systems.

While the housing market always tends to perk up in the spring, this year's March-April sales increase was the best on record. Nonetheless, it was still the second-worst April sales count – 2,809 sales, compared to the all-time April low of 2,304 in 1995, near the end of the last real estate bust.

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