HomeDex report for single family detached home prices in North San Diego County for April.
The Lawhead Team strives to provide up to the minute information for our clients on the housing industry, including single family detached home prices. Please see the following bullet points for April’s HomeDex report for North San Diego County’s single family detached home prices during the month of April.
Remember, if you have any questions on buying or selling your home, please call us! “Because Two Lawheads Are Better Than One!”TM
- The median price for all homes in North San Diego County – single-family detached and single-family attached – jumped from $405,000 in February 2013 to $448,000 in March 2013.
- The median-priced single-family detached home in North San Diego County increased 11.11 percent to $525,000 in March 2013 from $472,500 in February 2013. Year-over median SFD price in North San Diego County jumped by 26.51, compared to $415,000 in March 2012, continuing an eight-month trend of year-over median price increases (the last seven months exceeding 10 percent). March 2013 marked the highest median price in North County since mid-2008.
- The single family detached home median price in non-North County Zip Codes increased 5.33 percent from $375,000 in February 2013 to $395,000 in March 2013. Year-over non-North County prices increased 17.56 percent, from $336,000 in March 2012, a 12-month trend of year-over median price increases.
- The median single family detached home price in San Diego County increased 7.14 percent, from $406,000 in February 2012 to $435,000 in March 2013. Year-over county SFD median price increased 19.18 compared to March 2012, the tenth month of year-over price increases.
- The median days-on-market for North San Diego County single family detached homes sold fell from 38 days in February 2013 to 26 days in March 2013.
- The single family detached home median price-per-square foot jumped to $242 in March 2013, from $222 in February 2013, and was up 17.24 percent year-over from March 2012.
- The number of sold SFD units in North San Diego County jumped 43.37 percent in March 2013 from 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.
- SFD total sales volume increased 26.54 percent year-over from March 2012, the twelfth month trend of year-over increases.
- SFD listings (active and contingent) in North San Diego County declined 2.89 percent in March 2013, from February 2013, and decreased 40.9 percent year-over compared to March 2012 (the 19th month of year-over declines in listings).
SFD listings (active and contingent) in San Diego County decreased 1.11 percent from February 2013 to March 2013, and decreased 39.10 percent year-over from March 2012.- The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County increased from $2,197 in February 2013 (based on a conventional mortgage) to $2,459 in March 2013. The monthly payment for the median-priced single family detached home in non-North San Diego County increased to $1,850 in March 2013 from $1,743 in February 2013.
- The percent of San Diego County households that could afford the median-priced single family detached home in North County decreased from 36 percent in February 2013 to 31 percent in March 2013, according to the North San Diego County HomeDexTM; the affordability percentage in non-North County Zip Codes decreased from 47 percent in February 2013 to 44 percent in March 2013.
- In March 2012, the affordability percentage was 36 percent in North San Diego County and 45 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 39 percent in March 2013 from 43 percent in February 2013.
Please visit the entire HomeDex report by clicking here.
