The latest housing from from HomeDex for all of 2013 households.
The Lawhead Team would like to share the latest from the North San Diego County Association of Realtors® HomeDex Report for all of 2013 for households in San Diego:
Single-Family Detached Median Prices and Home Characteristics
- The median price for North San Diego County single-family detached (SFD) homes sold increased 20 percent in 2013, from $450,000 in 2012 to $540,000 in 2013.
- Median price-per-square foot increased 19.10 percent, to $255 in 2013 from $214 in 2012.
- The number of SFD homes sold San Diego County during 2013 increased 1.01 percent, compared to 2012.
- The increased sales and prices increased total sales volume (total value of all homes sold) by 18.76 percent in 2013, compared to 2012.
Housing Affordability – Single-Family Detached Homes
- The monthly payment for a conventional mortgage – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County ranged between $2,128 and $2,905 in 2013.
The percent of San Diego County households that could afford the median-priced SFD home in North County ranged between 25 and 37 percent in 2013, according to the North San Diego County HomeDexTM- In non-North County, the percentage of households that could afford the median-priced home in 2013 ranged between 36 and 49 percent.
Single-Family Attached Median Prices and Home Characteristics
- The median-priced single-family attached (SFA) home in North San Diego County increased 27.84 percent, to $326,000 in 2013 from $255,000 in 2013.
- Median SFA home price per-square-foot increased 25.78 percent, to $262 in 2011 from $208 in 2013.
- The number of sold SFA homes increased 3.74 percent in 2013 compared to 2013
- Total dollar sales volume jumped 28.45 percent in 2013 compared to 2013.
Housing Affordability – Single-Family Attached Homes
- The monthly payment for a conventional mortgage (principal, interest, property taxes, and insurance) to purchase the median-priced SFA home in North San Diego County during 2013 ranged between $1,321 and $1,793.
- The percent of San Diego County households that could afford the median-priced SFA home in North County ranged between 47 and 60 percent in 2013, according to the North San Diego County HomeDexTM
- In non-North County, the percentage of households that could afford the median-priced SFA home ranged between 57 and 70 percent in 2013.
