Prices rose 6.2% during the quarter -- the largest increaseamong California's major cities and the second-highest since FirstRepublic Bank started keeping statistics in 1985. The average costof San Diego County luxury homes is now $1.39 million, according tothe bank.
The value of luxury homes in Los Angeles County increased 2.4%to $1.31 million. The value of similar homes in San Francisco --home to the nation's most affluent housing -- fell 7.5% to $2.21million.
Values of luxury homes in San Diego County have grown more than21% over the last four quarter, according to First Republicindex.
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