Key points from the CAR’s HomeDex Report.
The Lawhead Team would like to share the HomeDex Report’s latest key points for North County housing from the California Association of Realtors.
HomeDex April 2015 Summary Report for Single-Family Detached Homes:
- The median price for all North County home sales – attached and detached – decreased to $525,000 in April 2015, compared to $526,000 in March 2015.
- Detached homes in North County declined 2.83 percent in April to $600,000, compared to $617,500 in March 2015. Year-over median SFD price increased 5.08 percent, compared to $571,000 reported in April 2014.
- Detached home prices OUTSIDE North County increased 0.06 percent to $475,300 in April 2015 compared to $475,000 in March 2015. Year-over non-North County median price increased 5.62 percent compared to $450,000 in April 2014.
- Attached home prices in North County increased slightly by 0.01 percent to $375,000 in April 2015 compared to $374,950 in March 2015. Year-over SFA North San Diego County median price increased 0.67 percent, compared to $372,500 in April 2014, continuing 39 straight months of year over price increases.
- Non-North County attached home prices decreased 3.58 percent to $323,000 in April 2015 compared to $335,000 in March 2015. Year-over non-North County SFA median price increased 1.73 percent, compared to 317,500 in April 2014.
- The number of North San Diego SFD listings (active and contingent) increased 7.38 percent in April 2015 compared to March 2015, and increased 2.33 percent year-over compared to April 2014.
- The number of sold North San Diego County SFD units jumped 16.9 percent in April 2015 compared to March 2015. Year-over sold SFD units jumped 15.28 percent compared to April 2014.
- Median days-on-market for single-family detached homes sold in North County decreased to 19 days in April 2015 compared to 22 days in March 2015.
- The HomeDex affordability percentage for all homes in North San Diego County – attached and detached remained at 33 percent in April 2015.