Key points for North San Diego County from the HomeDex Report.
The Lawhead Team would like to share April’s HomeDex Report’s Key Points for North San Diego County. Stay tuned for more facts from the HomeDex report this week.
The median price for all North County San Diego home sales – attached and detached – jumped to $448,000 in March 2013 compared to $405,000 in February 2013.
Detached homes in North County San Diego increased 11.11 percent in March 2013 to $525,000 compared to $472,500 in February 2013. Year-over median price in North San Diego County jumped 26.51 percent compared to $415,000 reported in March 2012. Year-over median price has increased eight straight months, with the last seven months exceeding 10 percent. March 2013 marked the highest price in North County since mid-2008.
Detached home prices OUTSIDE North County increased 5.33 percent to $395,000 in March 2013 compared to $375,000 in February 2013. Year-over non-North County San Diego prices jumped 17.56 percent compared to $336,000 in March 2012, the twelfth month of year-over price increases.
Attached home prices in North County San Diego increased 9.69 percent to $317,000 in March 2013 compared to $289,000 in February 2013.
Non-North County attached home prices jumped 18.3 percent in March 2013 to $265,000 compared to $224,000 in February 2013.
The number of North San Diego SFD listings (active and contingent) declined 2.89 percent in March 2013 compared to February 2013 and decreased year-over 40.9 percent compared to March 2012 (the 19th month of year-over declines in listings).
The number of sold North San Diego County SFD units jumped 43.37 percent in March 2013 compared to February 2013. Year-over sold SFD units increased 10.47 percent compared to March 2012; year-over sold units have increased in 20 of the past 21 months.
Median days-on-market for single-family detached homes sold in North County fell to 26 days in March 2013 compared to 38 days in February 2013.
The HomeDex affordability percentage for all homes in North San Diego County – attached and detached – decreased to 39 percent in March 2013 compared to 43 percent in February 2013.