North San Diego County HomeDexTM February 2010 Summary Report

Single-Family Detached Homes

The median price for all homes in North San Diego County – single-family detached and single-family attached – increased to $365,000 in February 2010 from $361,000 in January 2010.1

The median-priced single-family detached (SFD) home in North San Diego County increased 4.52 percent to $439,000 in February 2010 from $420,000 in January 2010, countering two months of relatively small price declines. The SFD median price in Non-North County zip codes rose 3.41 percent to $348,500 in February 2010 from $337,000 in January 2010.

Year-over median SFD price in North San Diego County increased 20.3 percent from $364,900 in February 2009, making seven straight months of year-over price increases with the last four months exhibiting 16 percent to 21 percent year-over increases. Year-over median price rose 8.9 percent in Non-North County from $320,000 in February 2009, five straight months of year-over increases.

The countywide median SFD price increased 2.6 percent to $375,000 in February 2010 from $365,500 in January 2010, and increased 11.94 percent year-over from February 2009 -- the sixth consecutive month of year-over price increases countywide.

The median days-on-market for North San Diego County SFD homes increased from 33 days in January 2010 to 40 days in February 2010. The average number of days-on-market rose to 74 in February 2010 from 68 in January 2010.2

The SFD median price-per-square foot rose from $211 in January 2010 to $222 in February 2010, a 16.1 percent year-over increase from February 2009 – year-over price-per-square foot has increased for four straight months (after over two years of price declines).