Key points from the CARs HomeDex Report
The Lawhead Team would like to share the HomeDex Report’s latest key points for North San Diego County housing from the California Association of Realtors.
HomeDex key points for January 2105:
The median price for all North County home sales – attached and detached – remained at $510,000 in January 2015.
- Detached homes in North County remained at $575,000 in January 2015, but was up 0.97 percent year-over compared to $569,500 in January 2014. Year-over median SFD prices have increased each month since summer 2012.
- Detached home prices OUTSIDE North County increased 2.22 percent to $460,000 in January 2015 compared to $450,000 in December 2014. Year-over non-North County median price increased 6.73 percent compared to $431,000 in January 2014, continuing 33-months of year-over median price increases.
- Attached home prices in North County increased by 1.13 percent to $343,000 in January 2015 compared to $339,154 in December 2014. Year-over SFA North San Diego County median price increased 1.78 percent, compared to $337,000 in January 2014, continuing 36 straight months of year over price increases.
- Non-North County attached home prices decreased 1.49 percent to $325,000 in January 2015 compared to $329,900 in December 2014. Year-over non-North County SFA median price increased 14.04 percent, compared to 285,000 in January 2014.
- The number of North San Diego SFD listings (active and contingent) increased 0.44 percent in January 2015 compared to December 2014, and increased 6.69 percent year-over compared to January 2014.
- The number of sold North San Diego County SFD units dropped 33.12 percent in January 2015 compared to December 2014. Year-over sold SFD units decreased 0.19 percent compared to January 2014.
- Median days-on-market for single-family detached homes sold in North County increased to 40 days in January 2015 compared to 30 days in December 2014.
- The HomeDex affordability percentage for all homes in North San Diego County – attached and detached remained at 33 percent in January 2015 compared to December 2014.