The December 2013 housing statistics show prices continuing to increase with a 17 month trend of year-over price gains for North County detached homes and a 21 month trend for non-North County homes.
As is typical around the holidays, activity slowed down with listings of North County detached homes decreasing by 13 percent and sales dropping by 3 percent compared to November. Hopefully the new year will bring enough of an increase in inventory to maintain a healthy market. To read the full housing statistics reports, please click on the links below the snapshot.
• The median price for all North County home sales – attached and detached – increased to $478,500 in December 2013 compared to $475,000 in November 2013.
• Detached homes in North County increased 0.19 percent to $540,000 in December 2013 compared to $539,000 in November 2013.
• Year-over median SFD price in North San Diego County increased 10.32 percent, compared to $489,500 in December 2012 – a 17-month trend of year-over median price increases.
• The median SFD price in non-North County ZIP codes increased 2.86 percent in December 2013 to $441,250 compared to $429,000 reported in November 2013.
• Year-over non-North County median price increased 15.21 percent compared to $383,000 in December 2012, continuing a 21-month trend of year-over median price increases.
• The number of North San Diego SFD listings (active and contingent) decreased 13.42 percent in December 2013 compared to November 2013.
• The number of sold North San Diego County SFD units decreased 3.16 percent in December 2013 compared to November 2013. Year-over sold SFD units decreased 15.97 percent compared to December 2012.
• Median days-on-market for single-family detached homes sold in North County increased to 33 days in December 2013 compared to 32 days in November 2013.
• The HomeDex affordability percentage for all homes in North San Diego County remained at 33 percent in December 2013.
DECEMBER 2013 FULL COUNTY HomeDex Report
DECEMBER 2013 NORTH COUNTY HomeDex Report
Information taken from HomeDex™ Copyright © 2012 by the North San Diego County Association of Realtors (NSDCAR). Used by permission.