The Latest Trends In North County San Diego Housing

HomeDex Report for all single family detached homes in North County San Diego.

The Lawhead Team has HomeDex’s most recent report for North County San Diego’s single family detached homes including the house affordability.

• The median price for all homes in North San Diego County – single-family detached and single-family attached – increased to $470,000 in April 2013 from $448,000 in March 2013.
• The median-priced single-family detached (SFD) home in North San Diego County increased 1.9 percent, from $525,000 in March 2013 to $535,000 in April 2013.
• Year-over median SFD price in North San Diego County increased 27.38percent, from $420,000 in April 2012, continuing a nine-month trend of year-over median price increases (the last two months exceeding 25 percent). April 2013 reported the highest median price in North County since mid-2008.
• The SFD median price in non-North County Zip Codes increased 1.27 percent, to $400,000 in April 2013 from $395,000 in March 2013. Year-over non-North County median price increased 17.73 percent, from $339,750 in April 2012, making a 13-month trend of year-over median price increases.
• The median SFD price in San Diego County increased 3.45 percent, to $450,000 in April 2013 from $435,000 in March 2013. Year-over county-level SFD median price increased 23.29 compared to April 2012, the eleventh month of year-over median price increases
• The median days-on-market for North San Diego County SFD homes sold fell to 19 days in April 2013, from 26 days in March 2013.
• The SFD median price-per-square foot increased from $242 in March 2013 to $247 in April 2013, marking a 17.85 percent year-over increase from April 2012.
• The number of sold SFD units in North San Diego County increased 9.03 percent from March 2013 to April 2013. Year-over sold SFD units increased 8.91 percent from April 2012.
• SFD total sales volume increased 34.21 percent year-over compared to April 2012, the 13^th straight year-over monthly increase.
• SFD listings (active and contingent) in North San Diego County rose 0.76 percent from March 2013 to April 2013, but decreased 38.83 percent year-over from April 2012 – the 20th month of year-over declines in listings.
• SFD listings (active and contingent) in San Diego County decreased 1.54 percent from March 2013 to April 2013, and decreased 38.48 percent year-over from April 2012.
• The monthly payment – including principal, interest, property taxes, and insurance– for the median-priced SFD home in North San Diego County increased to $2,532 in February 2013 (based on a conventional mortgage) from $2,459 in March 2013.
• The monthly payment for the median-priced SFD home in non-North San Diego County increased from $1,850 in March 2013 to $1,893 in April 2013.
• The percent of San Diego County households that could afford the median-priced SFD home in North County decreased, to 30 percent in April 2013 from 31 percent in March 2013, according to the North San Diego County HomeDexTM; the affordability percentage in non-North County Zip Codes decreased to 43 percent in April 2013, from 44 percent in March 2013.
• In April 2012, the affordability percentage was 38 percent in North San Diego County and 48 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 from 39 percent in March 2013 to 36 percent in April 2013.