San Diego County – July 2014 Real Estate market statistics by HomeDex

HomeDex® Key Points
July 2014 Data

1. The median price for all North County home sales – attached and detached – decreased to $525,000
in July 2014 compared to $535,000 in June 2014.

a. Detached homes in North County decreased 1.55 percent to $602,500 in July 2014 compared
to $612,000 in June 2014. Year-over median price for SFD homes in North San Diego
County increased 6.83 percent, compared to $564,000 in June 2013, continuing 24-months of
sustained year-over median price increases.

i. Detached home prices OUTSIDE North County decreased 1.21 percent to $469,000
in July 2014 compared to $474,750 reported in June 2014. Year-over non-North
County median price increased 7.82 percent compared to $435,000 in June 2013,
continuing 28-months of year-over median price increases.

b. Attached home prices in North County dropped 10.10 percent to $382,250 in July 2014
compared to $398,500 in June 2014. Year-over SFA North San Diego County median price
increased 1.49 percent, compared to $353,000 in July 2013, the 30th straight month of year
over price increases.

i. Non-North County attached home prices decreased 0.94 percent to $315,000 in July
2014 compared to $318,000 in June 2014. Year-over non-North County SFA median
price increased 6.78 percent, compared to 295,000 in July 2013.

c. The number of North San Diego SFD listings (active and contingent) decreased 3.32 percent
in July 2014 compared to June 2014, but jumped 25.43 percent year-over compared to July
2013.
The number of sold North San Diego County SFD units dropped 10.12 percent in July 2014
compared to June 2014. Year-over sold SFD units fell 21.74 percent compared to July 2013.

i. Median days-on-market for single-family detached homes sold in North County
increased to 22 days in July 2014 compared to 18 days in June 2014.

d. The HomeDex affordability percentage for all homes in North San Diego County – attached
and detached – increased to 31 percent in July 2014 compared to 29 percent in June 2014.

HomeDex® is produced by the North San Diego County Association of REALTORS®. See the full report HERE.