North San Diego – Single Family Detached Homes.
HomeDex is a reliable resource for North San Diego County housing and as a leader in the industry, The Lawhead Team knows it is important to share these important facts about Single Family Detached Homes with our readers.
The Lawhead Team would like to share some key points for North San Diego County’s housing report for 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 $396,000 in October 2012 to $410,000 in November 2012.
The median-priced single-family detached Single Family Detached Homes in North San Diego County rose by 1.47 percent to $484,500 in November 2012 (the highest monthly median price reported since summer 2008) from $477,500 in October 2012.
Year-over median Single Family Detached Homes priced in North San Diego County jumped 21.13 compared to $400,000 in November 2011, the fourth consecutive month of year-over price increases and the highest year-over percentage increase since summer 2010.
The SFD median price in Non-North County zip codes increased 0.74 percent from $367,200 in October 2012 to $369,900 in November 2012. Year-over Non-North County prices jumped 10.5 percent compared to $334,750 in November 2011, the eighth month of year-over price increases.
The median Single Family Detached Homes priced in San Diego County rose 2.76 percent from $399,000 in October 2012 to $410,000 in November 2012. Year-over county SFD median price jumped 17.14 compared to November 2011, the sixth month of year-over price increases.
The median days-on-market for North San Diego County SFD homes sold fell from 38 days in October 2012 to 37 days in November 2012; the average number of days-on-market rose to 69 days in November 2012 from 67 days in October 2012.
The Single Family Detached Homes median price-per-square foot decreased to $221 in November 2012 from $224 in October 2012, an increase of 7.96 percent year-over compared to November 2011.
The number of sold SFD units in North San Diego County dropped 13.97 percent in November 2012 from October 2012. However, year-over sold SFD units were up 16.54 percent from November 2011, continuing a 17-month trend of year-over increases in sold units.
SFD total sales volume jumped 31.06 percent year-over from November 2011, the eighth month of year-over increases.
Single Family Detached Homes listings (active and contingent) in North San Diego County decreased 7.04 percent in November 2012 from October 2012 and decreased 40.41 percent yearover compared to November 2011 (the 15th month of year-over declines).
SFD listings (active and contingent) in San Diego County decreased 6.3 percent from October 2012 to November 2012 and decreased 35.61 percent year-over compared to November 2011.
The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County increased from $2,278 in October 2012 (based on a conventional mortgage) to $2,278 in November 2012. The monthly payment for the median-priced SFD home in Non-North San Diego County fell to $1,739 in November 2012 from $1,748 in October 2012.
The percent of San Diego County households that could afford the median-priced Single Family Detached Homes in North County remained at 34 percent in November 2012, according to the North San Diego County HomeDexTM; the affordability percentage in Non-North County zip codes rose from 46 percent in October 2012 to 47 percent in November 2012.
The affordability percentage was 37 percent in North San Diego County and 46 percent in Non-North San Diego County in November 2011.
The HomeDexTM affordability percentage for all homes in North San Diego County – single-family detached and single-family attached together – remained at 42 percent in November 2012.
If you have any questions regarding homes in North San Diego County, please contact The Lawhead Team. Full HomeDex Report can be found at: http://www.nsdcar.com/homedex/archives/2012/homedex_northcounty12_2012.pdf