Here is a snapshot of the August housing statistics with links to both the full report for San Diego County and North San Diego County. In North San Diego County, the price of a single-family detached (SFD) home continues to increase, but we are seeing slightly more inventory and longer market times than in July. In San Diego County as a whole, the median-price of an SFD home has been constant during the past three months, but increased 24 .36 percent compared to August 2012.
• The median price for all North County home sales – attached and detached – increased to $495,000 in August 2013 compared to $494,000 in July 2013.
• Detached homes in North County increased 1.95 percent in August 2013 to $575,000 compared to $564,000 in July 2013.
• Year-over median SFD price in North San Diego County jumped 26.10 percent, compared to $456,000 in August 2012 – making 13 months of year-over median price increases (the last six months exceeding 20 percent). August 2013 reported the highest median SFD price since late 2007.
• The countywide median SFD price remained at $435,000 in August 2013 compared to July 2013.
• Year-over non-North County median price jumped 21.17 percent compared to $359,000 in August 2012, the 17th straight month of year-over median price increases.
• The number of North San Diego SFD listings (active and contingent) rose 11.49 percent in August 2013 compared to July 2013.
• The number of sold North San Diego County SFD units decreased 6.94 percent in August 2013 compared to July 2013. Year-over sold SFD units fell 7.71 percent compared to August 2012.
• Median days-on-market for single-family detached homes sold in North County increased to 21 days in August 2013 compared to 17 days in July 2013.
• The HomeDex affordability percentage for all homes in North San Diego County was 33 percent in August 2013.
AUGUST 2013 FULL COUNTY HomeDex Report
AUGUST 2013 NORTH COUNTY HomeDex Report
Information taken from HomeDex™ Copyright © 2012 by the North San Diego County Association of Realtors (NSDCAR). Used by permission.