Moving to San Diego? See the latest for housing affordability in your area.
The Lawhead Team specializes in Real Estate in the North San Diego area. If you are looking to purchase a home or condominium in San Diego, see what the latest for housing affordability is:
Housing Affordability – Single-Family Detached Homes
- The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County increased, from $2,869 in May 2014 (based on a conventional mortgage) to $3,084 in June 2014.
The monthly payment for the median-priced SFD home in non-North San Diego County increased, from $2,333 in May 2014 to $2,392 in June 2014.- The percent of San Diego County households that could afford the median-priced SFD home in North County declined, from 27 percent in May 2014 to 24 percent in June 2014, according to the North San Diego County HomeDex; the affordability percentage in non-North County zip codes decreased from 36 percent in May 2014 to 35 percent in June 2014.
- The affordability percentage was 28 percent in North San Diego County, and 41 percent in non-North San Diego County compared to June 2013.
- The HomeDexTM affordability percentage for all homes in North San Diego County – single-family detached and single-family attached together – decreased from 31 percent in May 2014 to 29 percent in June 2014.
Housing Affordability – Single-Family Attached Homes
- The monthly payment – including principal, interest, property taxes, and insurance – for the median-priced SFA home in North County increased, to $2,008 in June 2014 from $1,940 in May 2014. The monthly payment for the median-priced SFA home in non-North San Diego County zip codes increased, to $1,602 in April 2014 from $1,581 in May 2014.
- The percent of San Diego County households able to afford the median-priced SFA home in North County decreased, from 44 percent in May 2014 to 43 percent in June 2014.
- The SFA home affordability level for non-North San Diego County zip code remained at 54 percent in June 2014.
- 53 percent of county households were able to afford the median-priced SFA home in North San Diego County in June 2013; 60 percent were able to afford the median-priced SFA home in non-North County zip codes in June 2013.
