San Diego and California SFH real estate prices drop a bit in July

 In this 7San Diego news article, prices finally dropped a bit, from 4 records months of highs.  Single family homes in San Diego dropped .6% in July, and in California overall, they dropped 1% last month.  Is the market just taking a breather?  Or have we topped out?  One month is not enough to be a trend, but it shows a bit of slowing in the race higher.  The San Diego median price is up 19.6% from a year ago.  Total escrow sales in California were down 1.6%, month over month, and down 2% from a year ago.