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North San Diego County January 2010 Summary Report Single-Family Detached Homes

By Roger Lee | March 16, 2010

Single-Family Detached Home Prices
• The median price for all homes in North San Diego County – single-family
detached and single-family attached – fell from $370,000 in December 2009 to
$361,000 in January 2010.1
• The median-priced single-family detached (SFD) home in North San Diego
County fell 3.67 percent from $436,000 in December 2009 to $420,000 in January
2010, the second month of price declines. The SFD median price in Non-North
County zip codes decreased 4.53 percent from $353,000 in December 2009 to
$337,000 in January 2010.
• Year-over median SFD price in North San Diego County increased 16.26 percent
from $361,250 in January 2009, continuing a six-month trend of rising year-over
prices. Year-over median price rose 8.7 percent in Non-North County from
$310,000 in January 2009, the fourth straight month of year-over increases.
• The countywide median SFD price decreased 5.06 percent from $385,000 in
December 2009 to $365,500 in January 2010, but increased 11.53 percent yearover
from January 2009 for the fifth month of year-over price increases countywide.
• The median days-on-market for North San Diego County SFD homes fell to 33
days in January 2010 from 38 in December 2009. The average number of dayson-
market decreased from 69 in December 2009 to 68 in January 2010.2
• The SFD median price-per-square foot decreased to $211 in January 2010 from
$216 in December 2009, with an increase of 9.51 percent year-over from $192 in
January 2009. This was the third month of year-over increases, following over
two years of price declines (year-over declines ranged from 10 percent and 25
percent between December 2007 and July 2009, and 0.4 percent to 6 percent
between August 2009 and October 2009.)
• There were 3,548 (active and contingent) SFD listings in North San Diego County
ending January 2010, up 8.77 percent from December 2009 and down 17 percent
from January 2009.
• There were 7,541 (active and contingent) listings in San Diego County ending
January 2010, a decrease of 18.65 percent from January 2009.
• The number of North San Diego County SFD units sold decreased 39.43 percent
to 493 in January 2010 from 814 in December 2009, and declined 14.41 percent
year-over from January 2009. This was the largest year-over decline since March
2008.
• Total sales volume decreased 3.31 percent year-over in January 2010 following
two months of increases.

Prepared for the North San Diego County Association of REALTORS® by Robert Brown, Ph.D.
Department of Economics California State University, San Marcos. Inquiries may be directed to Robert Brown

Topics: Carlsbad California Real Estate |

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