Homes In North San Diego – The Latest Trends

North San Diego homes, key factors from the HomeDex Report.

The Lawhead Team would like to share some key points on homes in North San Diego from the California Association of Realtors HomeDex report.

• The median price for all North County home sales – attached and detached – decreased to $525,000 in July 2014 compared to $535,000 in June 2014.
• Detached homes in North County decreased 1.55 percent to $602,500 in July 2014 compared to $612,000 in June 2014. Year-over median price for SFD homes in North San Diego County increased 6.83 percent, compared to $564,000 in June 2013, continuing 24-months of sustained year-over median price increases.
• Detached homes prices OUTSIDE North County decreased 1.21 percent to $469,000 in July 2014 compared to $474,750 reported in June 2014. Year-over non-North County median price increased 7.82 percent compared to $435,000 in June 2013, continuing 28-months of year-over median price increases.

• Attached home prices in North County dropped 10.10 percent to $382,250 in July 2014 compared to $398,500 in June 2014. Year-over SFA North San Diego County median price increased 1.49 percent, compared to $353,000 in July 2013, the 30th straight month of year over price increases.
• Non-North County attached homes prices decreased 0.94 percent to $315,000 in July 2014 compared to $318,000 in June 2014. Year-over non-North County SFA median price increased 6.78 percent, compared to 295,000 in July 2013.
• The number of North San Diego SFD listings (active and contingent) decreased 3.32 percent in July 2014 compared to June 2014, but jumped 25.43 percent year-over compared to July 2013.
• The number of sold North San Diego County SFD units dropped 10.12 percent in July 2014 compared to June 2014. Year-over sold SFD units fell 21.74 percent compared to July 2013.
• Median days-on-market for single-family detached homes sold in North County increased to 22 days in July 2014 compared to 18 days in June 2014.
• The HomeDex affordability percentage for all homes in North San Diego County – attached and detached – increased to 31 percent in July 2014 compared to 29 percent in June 2014.