San Diego North County’s Single Family Detached Homes Report

Single Family Detached Homes in the North San Diego County are still on the rise!

The Lawhead Team would like to share some recent facts from the HomeDex Report just released a few days ago. Check out the facts for North County’s Single Family Detached Homes:

• The median price for all homes in North San Diego County – single-family detached homes and single-family attached – increased from $470,000 in April 2013 to $485,000 in May 2013.
• The median-priced single-family detached (SFD) home in North San Diego County rose 3.83 percent, to $555,500 in May 2013 from $535,000 in April 2013. Year-over median single-family detached homes prices in North San Diego County increased 23.72 percent, compared to $449,000 in May 2012, making a ten-month trend of year-over median price increases (the last three months exceeding 25 percent). Spring 2013 has reported the highest median prices in North County since mid-2008.
• The single-family detached homes median price in non-North County Zip Codes rose five percent, from $400,000 in April 2013 to $420,000 in May 2013.  Year-over non-North County median price increased 21.74 percent, compared to $345,000 in May 2012, a 14month trend of year-over median price increases.
• The median single-family detached homes price in San Diego County increased four percent, from $450,000 in April 2013 to $467,950 in May 2013.  Year-over county-level SFD median price increased 23.14 from May 2012, the 12th month of year-over median price increases.
• The median days-on-market for North San Diego County single-family detached homes sold, fell from 19 days in April 2013 to 18 days in May 2013.
• The SFD median price-per-square foot increased to $252 in May 2013, from $247 in April 2013, and increased 20.96 percent year-over from May 2012.
• The number of sold SFD units in North San Diego County increased 11.49 percent in May 2013 from April 2013.  Year-over sold SFD units increased 12.54 percent from May 2012.
• Single-family detached homes total sales volume jumped 35.33 percent year-over compared to May 2012, the 14th straight year-over monthly increase.
• SFD listings (active and contingent) in North San Diego County increased 5.35 percent in May 2013 from April 2013, but decreased 34.56 percent year-over compared to May 2012 – continuing a 21-month trend of year-over declines in listings.
• Single-family detached homes listings (active and contingent) in San Diego County increased 3.1 percent in May 2013 from April 2013, and decreased 35.46 percent year-over from May 2012.