The Latest Housing Affordability In North County San Diego

Check out the latest data for housing affordability in San Diego.

Housing Affordability – Single-Family Detached Homes

The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County increased to $2,647 in May 2013 (based on a conventional mortgage), from $2,532 in April 2013. The monthly payment for the median-priced SFD home in non-North San Diego County increased to $2,001 in May 2013, from $1,893 in April 2013.
The percent of San Diego County households that could afford the median-priced SFD home in North County decreased, from 30 percent in April 2013 to 28 percent in May 2013, according to the North San Diego County HomeDexTM; the affordability percentage in non-North County Zip Codes decreased, from 43 percent in April 2013 to 41 percent in May 2013.
In May 2012, the affordability percentage was 35 percent in North San Diego County and 47 percent in non-North San Diego County.
The HomeDexTM affordability percentage for all homes in North San Diego County – single-family detached and single-family attached together – decreased to 34 percent in May 2013 from 36 percent in April 2013.

Housing Affordability – Single-Family Attached Homes

The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFA home in North County decreased, from $1,562 in April 2013 to $1,501 in May 2013. The monthly payment for the median-priced SFA home in non-North San Diego County zip codes increased, from $1,254 in April 2013 to $1,395 in May 2013.
The percent of San Diego County households able to afford the median-priced SFA home in North County was 55 percent in May 2013, up from 53 percent in April 2013.
The SFA home affordability level for non-North San Diego County zip codes decreased, from 62 percent in April 2013 to 58 percent in May 2013.
60 percent of county households were able to afford the median-priced SFA home in North San Diego County in May 2012, and 70 percent were able to afford the median-priced SFA home in non-North County zip codes.