April’s San Diego County housing market report shows continued strength. After March’s quick uptick, both North County and San Diego County pricing remained fairly level on a month-over basis, but homes sold even more quickly in April than they did in March.
Detached homes appreciated between five to six percent compared to the previous year. Attached home prices grew between one and two percent depending on location.
The number of active listings increased in April, but the number of sold units grew by double that amount, keeping inventory supply under three months.
Take a look at the North County and San Diego County summaries below, or click on the links for a detailed look at April’s statistics.
To read the full housing statistics reports, click on the links below.
North County Summary
• 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.
• Median price for detached homes in North County declined 2.83 percent to $600,000 in April 2015 compared to $617,500 reported in March 2015.
• Year-over median SFD price in North San Diego County increased 5.08 percent compared to $571,000 reported in April 2014.
• The number of sold units in North San Diego County for April 2015 was 996 units, a jump of 16.9 percent compared to March 2015.
• Median days on market for North San Diego County SFD homes sold fell to 19 days in April, compared to 22 days in March 2015.
• The HomeDex affordability percentage for all homes in North San Diego County remained at 33 percent in April.
MAY 2015 NORTH COUNTY HomeDex Report
Full County Summary
• The median price of all homes in San Diego County, single-family detached and single-family attached, was $462,000 in April 2015, compared to $462,250 in March 2015.
• The median price for a single-family detached (SFD) home in San Diego County remained at $520,000 in April 2015.
• Year-over median SFD home price in San Diego County increased 6.34 percent compared to $489,000 reported in April 2014.
• The number of sold SFD units throughout San Diego County in April 2015 was 2,209, a jump of 17.75 percent compared to March 2015.
• Median days on market for SFD homes in April for San Diego Metro was 12 days, 15 days for South County, and 19 days for East County.
• The HomeDex affordability percentage in April 2015 for a SFD home in San Diego Metro was 31 percent, South County was at 41 percent, and East County was at 42 percent.
MAY 2015 FULL COUNTY HomeDex Report
Information taken from HomeDex™ Copyright © 2012 by the North San Diego County Association of Realtors (NSDCAR). Used by permission.