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North San Diego County HomeDexTM February 2010 Summary Report

By
Real Estate Agent with HomeSmart Realty West DRE #01786169

Single-Family Attached Homes

The North San Diego County median-priced single-family attached (SFA) home increased 6.67 percent to $240,000 in February 2010 from $225,000 in January 2010, following two months of price declines. The Non-North San Diego County SFA home median price rose from $200,000 in January 2010 to $205,750 in February 2010.1

 

North San Diego County SFA median prices increased 32.6 percent year-over from $181,000 in February 2009, the seventh month of year-over price increases (five of which exceeded 13 percent) following 24 months of year-over declines.

 

The county-wide SFA home median price increased 1.9 percent to $215,000 in February 2010 from $211,000 in January 2010, and increased 16.22 percent year- over from February 2009.

 

The median number of days-on-market for North County SFA homes sold fell to 41 in February 2010 from 42 in January 2010. The average number of days-on- market fell to 66 in February 2010 from 75 in January 2010.2

 

The number of sold SFA units fell 11.21 percent from January 2010 to February 2010 in North San Diego County, and decreased 2.92 percent in Non-North County. Year-over sales decreased 9.17 percent in North County from February 2009 (after three months of year-over increases) but rose 6.15 percent in Non- North County.

 

SFA listings (active and contingent) in North San Diego County rose from 1,368 ending January 2010 to 1,492 ending February 2010. San Diego County (active and contingent) SFA listings increased to 4,811 at the end of February 2010 from 4,483 in January 2010. North County SFA active listings increased 5.97 percent year-over but decreased 3.9 percent countywide.