North County San Diego Single-Family Detached Homes Sales Show Price Gains, Less Days On Market

By
Real Estate Agent with HomeSmart Realty West BRE #01786169

According to NCSDAR, our market is showing more signs of a recovery. The median days-on-market declined for North San Diego County SFD homes sold to 36 days in March 2010 from 40 days in February 2010. The average number of days-on-market fell from 74 in February 2010 to 68 in March 2010.2

 

  • The SFD median price-per-square foot rose to $228 in March 2010 from $222 in February 2010, up 23.69 percent year-over from March 2009 – the year-over median price-per-square foot has increased for five straight months (after over two years of price declines). The March 2010 median-per-square foot was the highest reported since summer 2008.
  • There were 4,054 (active and contingent) SFD listings in North San Diego County ending March 2010, up 4.67 percent from February 2010.
  • The number of North San Diego County SFD units sold rose 35.96 percent to 741 in March 2010 from February 2010, and increased 8.33 percent year-over from March 2009.
  • Total sales volume increased 25.83 percent year-over from March 2009, the second month of year-over increases (with each over 25 percent).

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