The Lawhead Team would like to share the latest key point from the CAR’s HomeDex Report for North San Diego County:
The median price for all North County home sales – attached and detached – increased to $510,000 in December 2014 compared to $485,000 in November 2014.
Detached homes in North County increased 1.77 percent in December 2014 to $575,000, compared to $565,000 in November 2014. Year-over median price for SFD homes in North San Diego County increased 6.48 percent, compared to $540,000 in December 2013. Yearover median SFD prices have increased each month since summer 2012.
Detached home prices OUTSIDE North County decreased 2.07 percent to $450,000 in December 2014 compared to $459,500 in November 2014. Year-over non-North County median price increased 1.98 percent compared to $441,250 in December 2013, continuing 32-months of year-over median price increases according to the HomeDexReport.
Attached home prices in North County decreased by 9.56 percent to $339,154 in December 2014 compared to $375,000 in November 2014. Year-over SFA North San Diego County median price increased 0.05 percent, compared to $339,000 in December 2013, continuing 35straight months of year over price increases.
Non-North County attached home prices increased 6.42 percent to $329,900 in December 2014 compared to $310,000 in November 2014. Year-over non-North County SFA median price increased 17 percent, compared to 282,000 in December 2013.
The number of North San Diego SFD listings (active and contingent) decreased 15.82 percent in December 2014 compared to November 2014, and jumped 14.23 percent year-over compared to December 2013.
The number of sold North San Diego County SFD units jumped 27.14 percent in December 2014 compared to November 2014 according to the HomeDexReport. Year-over sold SFD units increased 9.65 percent compared to December 2013.
Median days-on-market for single-family detached homes sold in North County decreased to 30 days in December 2014 compared to 32 days in November 2014.
The HomeDexaffordability percentage for all homes in North San Diego County – attached and detached remained at 33 percent in December 2014 compared to November 2014.
Detached homes in North County increased 1.77 percent in December 2014 to $575,000, compared to $565,000 in November 2014. Year-over median price for SFD homes in North San Diego County increased 6.48 percent, compared to $540,000 in December 2013. Yearover median SFD prices have increased each month since summer 2012.
