Home Dex Report- September 2010

8/8/2019 Home Dex Report- September 2010

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North San Diego CountyAssociation of REALTORS

Nor th Coun t y

Sept em ber 201 0 REPORTAugust 2010 Statistics

N N o o r r t t h h S S a a n n D D i i e e g g o o C C o o u u n n t t y y

HHoo mm ee DDee xx TTMM

HomeDex is an exclusive NSDCAR member benefit


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PLEASE READ

The name HomeDex and its contents are protected under a trademark andcopyright held by the North San Diego County Association of Realtors (NSDCAR). Permission is granted to NSDCAR members to use the HomeDex

name and/or its contents in any printed materials, website or other mediaapplications provided any and all attribution for the HomeDex name and itscontents is given to the North San Diego County Association of Realtors .Failure to do so will result in revoking permission to use the HomeDex nameand/or its contents

Direct written requests for permission, together with a brief description of how thename and contents would be used, to Lynn Sullivan, NSDCAR CommunicationsDirector, at [email protected] and include the proposed userscontact information.

HomeDex is prepared for the North San Diego County Association ofREALTORS by Robert Brown, Ph.D., California State University, San Marcos.Questions may be directed to Dr. Brown at [email protected]; phone #(760)750-4196 or to NSDCAR Communications Director, Lynn Sullivan, [email protected] ; phone # (760) 734-3971.

Data source: Sandicor, Inc. Statistics obtained from MLS data.

Copyright North San Diego County Association of REALTORS , 2010. No portion of this text maybe reproduced, redistributed, faxed OR TRANSMITTED ELECTRONICALLY without the writtenpermission of the North San Diego County Association of REALTORS .

01/12/10


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HomeDex Key PointsAugust 2010 Data

1. The median price for all North County home sales attached and detached decreased 3.89 percentin August 2010 from July 2010, to $385,000.

a. Detached homes in North County decreased 3.16 percent from $475,000 in July 2010 to$460,000 in August 2010.

i. Detached home prices OUTSIDE North County decreased 0.88 to $350,100 inAugust 2010 from $353,100 in July 2010.

ii. Year-over median single-family detached homes in North San Diego Countyincreased 0.66 percent, from $465,000 in August 2009, making 13 straight months of year-over price increases, but the smallest increase during that time period. The year-

over median price OUTSIDE North County for single-family homes rose 0.01percent from $335,000 a year ago, making eleven straight months of year-overincreases.

iii. The countywide median SFD price of homes sold fell from $392,000 in July 2010 to$385,000 in August 2010, and increased 2.67 percent from August 2009 for 12months of year-over price increases countywide.

b. Attached home prices in North County decreased 5.55 percent to $232,500 in August 2010,for two consecutive months of price decreases.

i. Non-North County attached home prices increased five percent to $210,000 in

August 2010 from $200,000 in July 2010.

ii. North County attached homes decreased 11.93% from $264,000 a year ago;countering twelve straight months of year-over price increases, following 24 monthsof year-over declines.

c. Median days-on-market for single-family detached homes in North County increased to 48days in August 2010 from 42 days in July 2010. The number of North County single-familyhomes sold rose 0.14 percent from July 2010 to August 2010. Sold units remained constantyear-over compared to August 2009, following a July 2010 year-over decrease that countereda trend from January 2010 of year-over sales increases.

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North San Diego County HomeDex TM August 2010 Summary Report

Single-Family Detached Homes

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 [email protected] or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: [email protected] or760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do notimply statistical significance.

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Single-Family Detached Home Prices

The median price for all homes in North San Diego County single-family

detached and single-family attached decreased to $385,000 in August 2010 from$400,000 in July 2010. 1

The median-priced single-family detached (SFD) home in North San DiegoCounty decreased 3.16 percent to $460,000 in August 2010 from $475,000 in July2010, a second consecutive month of price declines. The SFD median price inNon-North County zip codes decreased 0.88 percent from $353,100 in July 2010to $350,000 in August 2010.

There was little change in year-over prices. Year-over median SFD price in NorthSan Diego County rose just 0.66 percent in August 2010 from $465,000 in August

2009 making 13 straight months of year-over price increases, of which thesmallest increase was this month. Year-over median price rose just 0.01 percentin Non-North County zip codes from $335,000 in August 2009 eleven straightmonths of year-over increases.

The countywide median SFD price decreased 1.79 percent to $385,000 in August2010 from $392,000 in July 2010, but increased 2.67 percent year-over fromAugust 2009 making 12 months of year-over price increases countywide.

Median PricesNorth San Diego County


$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

A u g u s t 2 0

0 7

O c t o b e r 2 0

0 7

D e c e m

b e r 2 0 0 7

F e b r u a

r y 2 0 0 8

A p r i l 2 0

0 8

J u n e 2 0 0 8

A u g u s t 2 0

0 8

O c t o b e r 2 0

0 8

D e c e m

b e r 2 0 0 8

F e b r u a

r y 2 0 0 9

A p r i l 2 0

0 9

J u n e 2 0 0 9

A u g u s t 2 0

0 9

O c t o b e r 2 0

0 9

D e c e m

b e r 2 0 0 9

F e b r u a

r y 2 0 1 0

A p r i l 2 0

1 0

J u n e 2 0 1 0

A u g u s t 2 0

1 0

North San Diego County Non-North San Diego County


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The median days-on-market for North San Diego County SFD homes soldincreased from 42 days in July 2010 to 48 days in August 2010. The average

number of days-on-market rose from 70 in July 2010 to 74 in August 2010.2

The SFD median price-per-square foot fell from $233 in July 2010 to $225 in

August 2010 a 4.34 percent year-over increase from August 2009 andcontinuing10 months of year-over increases in median price-per-square foot(following over two years of price declines).

North San Diego CountyMedian Price per Square Foot


$100

$150

$200

$250

$300

$350

J u n e 2

0 0 7

J u l y 2

0 0 7

A u g u s

t 2 0 0 7

S e p t e m

b e r 2 0 0 7

O c t o b e

r 2 0 0 7

N o v e m

b e r 2 0 0 7

D e c e m

b e r 2 0 0 7

J a n u a r

y 2 0 0 8

F e b r u a

r y 2 0 0 8

M a r c h

2 0 0 8

A p r i l 2

0 0 8

M a y 2

0 0 8

J u n e 2

0 0 8

J u l y 2 0 0 8

A u g u s

t 2 0 0 8

S e p t e m

b e r 2 0 0 8

O c t o b e

r 2 0 0 8

N o v e m

b e r 2 0 0 8

D e c e m

b e r 2 0 0 8

J a n u a r

y 2 0 0 9

F e b r u a

r y 2 0 0 9

M a r c h

2 0 0 9

A p r i l 2

0 0 9

M a y 2

0 0 9

J u n e 2

0 0 9

J u l y 2 0 0 9

A u g u s

t 2 0 0 9

S e p t e m

b e r 2 0 0 9

O c t o b

e r 2 0 0 9

N o v e m

b e r 2 0 0 9

D e c e m

b e r 2 0 0 9

J a n u a r

y 2 0 1 0

F e b r u a

r y 2 0 1 0

M a r c h

2 0 1 0

A p r i l 2

0 1 0

M a y 2

0 1 0

J u n e 2

0 1 0

J u l y 2

0 1 0

A u g u s

t 2 0 1 0


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There were 4,844 (active and contingent) SFD listings in North San Diego County

ending August 2010, up 0.37 percent from July 2010. There were 10,213 (active and contingent) listings in San Diego County ending

August 2010, a 1.24 percent increase from August 2010.

The number of sold North San Diego County SFD units rose only 0.14 percent inAugust 2010 from July 2010. Sold units remained constant year-over comparedto August 2009, following a July 2010 year-over decrease that countered a trendfrom January 2010 of year-over sales increases.

Total sales volume declined 2.09 percent year-over from August 2009, following

a year-over decrease last month that countered five months of year-over increasesof approximately 20 percent or more.

Number of Single-Family Detached Homes Sold by Price Range

0

50

100

150

200

250

300

350


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Housing Affordability Single-Family Detached Homes

The monthly payment including principal, interest, property taxes, and insurance

for the median-priced SFD home in North San Diego County decreased to$2,480 in August 2010 (based on a conventional mortgage) from $2,551 in July2010. The monthly payment for the median-priced SFD home in Non-North SanDiego County declined from $1,897 in July 2010 to $1,887 in August 2010.

The percent of San Diego County households that could afford the median-pricedSFD home in North County rose to 26 percent in August 2010 from 25 percent inJuly 2010 according to the North San Diego County HomeDex TM. Across Non-North County zip codes, the affordability percentage remained at 39 percent inAugust 2010. 3 The HomeDex TM affordability percentage was 24 percent in NorthCounty and 38 percent in Non-North San Diego County zip codes in August

2009. The HomeDex TM affordability percentage for all homes in North San Diego

County single-family detached and single-family attached together rose from33 percent in July 2010 to 35 percent in August 2010.

Home Affordability PercentageSingle-Family Detached

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

A u g u s

t 2 0 0 8

S e p t e m

b e r 2 0 0

8

O c t o b

e r 2 0 0 8

N o v e m

b e r 2 0 0

8

D e c e m

b e r 2 0 0

8

J a n u a r

y 2 0 0 9

F e b r u a

r y 2 0 0 9

M a r c h

2 0 0 9

A p r i l 2 0 0

9

M a y 2 0 0

9

J u n e 2 0 0

9

J u l y 2 0 0

9

A u g u s

t 2 0 0 9

S e p t e m

b e r 2 0 0

9

O c t o b e

r 2 0 0 9

N o v e m

b e r 2 0 0

9

D e c e m

b e r 2 0 0

9

J a n u a r

y 2 0 1 0

F e b r u a

r y 2 0 1 0

M a r c h

2 0 1 0

A p r i l 2 0 1

0

M a y 2 0 1

0

J u n e 2 0 1

0

J u l y 2 0 1

0

A u g u s

t 2 0 1 0



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Single-Family Detached Home Prices and Affordability by North County Zip Codes 4

North San Diego CountySingle-Family Detached

HomesAugust 2010

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

$1,600,000

$1,800,000

$2,000,000

9 2 0 6 7

- R A N

C H O S

A N T A

F E

9 2 0 1 4

- D E L

M A R

9 2 0 7 5

- S O L A

N A B E

A C H

9 2 1 3 0

- C A R

M E L V

A L L E

Y

9 2 0 0 9

- C A R

L S B A

D

9 2 0 2 4

- E N C

I N I T A

S

9 2 0 1 1

- C A R

L S B A

D

9 2 0 0 7

- C A R

D I F F B

Y T H E

S E A

9 2 1 2 7

- R A N

C H O B

E R N A

R D O

9 2 0 0 8

- C A R

L S B A

D

9 2 0 1 0

- C A R

L S B A

D

9 2 1 2 9

- R A N

C H O P

E N A S

Q U I T O

S

9 2 1 2 8

- R A N

C H O B

E R N A

R D O

9 2 0 6 4

- P O W A

Y

9 2 0 7 8

- S A N M

A R C O

S

9 2 0 2 9

- E S C

O N D I D

O

9 2 0 8 2

- V A L

L E Y C

E N T E

R

9 2 0 8 1

- V I S T

A

9 2 0 2 5

- E S C

O N D I D

O

9 2 0 2 6

- E S C

O N D I D

O

9 2 0 6 9

- S A N M

A R C O

S

9 2 0 5 7

- O C E

A N S I D

E

9 2 0 6 5

- R A M

O N A

9 2 0 5 6

- O C E

A N S I D

E

9 2 0 2 8

- F A L L

B R O O

K

9 2 0 5 4

- O C E

A N S I D

E

9 2 0 2 7

- E S C

O N D I D

O

9 2 0 8 4

- V I S T

A

9 2 0 5 9

- P A L A

9 2 0 8 3

- V I S T

A

North San Diego CountyHousing Affordability Percentages by Zip Code

Single-Family Detached HomesAugust 2010

0%

10%

20%

30%

40%

50%

60%

9 2 0 6 7

- R A N

C H O S A

N T A F

E

9 2 0 1 4 - D E

L M A R

9 2 0 7 5

- S O L A N A

B E A C

H

9 2 1 3 0

- C A R

M E L V A L

L E Y

9 2 0 0 9

- C A R L S B

A D

9 2 0 2 4

- E N C I N I

T A S

9 2 0 1 1

- C A R L S B

A D

9 2 0 0 7

- C A R

D I F F B Y T

H E S E A

9 2 1 2 7

- R A N

C H O B E R

N A R D

O

9 2 0 0 9

- C A R L S B

A D

9 2 0 1 0

- C A R L S B

A D

9 2 1 2 9

- R A N

C H O P

E N A S Q U

I T O S

9 2 1 2 8

- R A N

C H O B E R

N A R D

O

9 2 0 6 4 -

P O W A

Y

9 2 0 7 8

- S A N M

A R C O

S

9 2 0 2 9

- E S C O N D

I D O

9 2 0 8 2

- V A L

L E Y C E

N T E R

9 2 0 8 1 - V I S T

A

9 2 0 2 5

- E S C O N D

I D O

9 2 0 2 6

- E S C O N D

I D O

9 2 0 6 9

- S A N M

A R C O

S

9 2 0 5 7

- O C E A N

S I D E

9 2 0 6 5 - R A

M O N A

9 2 0 5 6

- O C E A N

S I D E

9 2 0 2 8

- F A L L B R

O O K

9 2 0 5 4

- O C E A N

S I D E

9 2 0 2 7

- E S C O N D

I D O

9 2 0 8 4 - V I S T

A

9 2 0 5 9 - P A L

A

9 2 0 8 3 - V I S T

A


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Median Home Prices

HomeDex TM (Percent of San Diego County households

affording median-priced home)

Month/Year North San

Diego County

Non-North

San Diego County

North San Diego

County

Non-North

San Diego County

August 2009 $465,000 $335,000 24% 38%September 2009 $457,000 $349,950 24% 36%

October 2009 $430,000 $355,000 28% 37%November 2009 $436,250 $349,900 28% 38%December 2009 $436,000 $353,000 28% 37%

January 2010 $420,000 $337,000 30% 40%February 2010 $439,000 $348,500 28% 38%

March 2010 $469,000 $351,500 25% 38%April 2010 $474,500 $350,000 22% 35%May 2010 $476,500 $350,000 25% 38%June 2010 $479,975 $369,000 24% 36%July 2010 $475,000 $353,100 25% 39%

August 2010 $460,000 $350,000 26% 39%

North San Diego County Housing CharacteristicsSingle-Family Detached Homes

August 2010 Median Price $460,000Average Price $559,402

Median Price per Square Foot $225Lowest-Priced Home Sold $123,310Highest-Priced Home Sold $4,550,000

Number Units Sold 722Total Sales 5 $403,328,735

Median Days on Market 48

Median Square Feet 2,090Median Number of Bedrooms 4

Median Number of Baths 3Median Lot Size (sq. feet) 9,950

Median Age (years) of Homes Sold 22


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North San Diego County ZipCodes

August2010

Afford-ability

August2009

Afford-ability

August2010

MedianPrice

% PriceChg. From

August2009

August2010Sold

Listings

MedianDays onMarketAugust

2010

Med. Dayson Market

% Chg.from July

201092003 - BONSALL - 51% - - 0 - -92007 - CARDIFF 10% 9% $735,000 -2% 5 49 -23%92008 - CARLSBAD 17% 10% $600,250 -15% 10 48 109%92009 - CARLSBAD 9% 11% $799,000 19% 35 47 57%92010 - CARLSBAD 18% 20% $577,500 11% 12 74 119%92011 - CARLSBAD 10% 11% $738,000 10% 21 28 -40%92014 - DEL MAR 5% 3% $1,100,000 -21% 6 24 -63%92024 - ENCINITAS 10% 8% $780,000 -8% 39 42 27%92025 - ESCONDIDO 36% 36% $379,000 8% 21 47 16%92026 - ESCONDIDO 36% 40% $377,500 16% 38 63 49%92027 - ESCONDIDO 46% 47% $305,000 9% 37 61 45%

92028 - FALLBROOK 41% 30% $339,000 -15% 45 59 -12%92029 - ESCONDIDO 28% 17% $442,000 -21% 20 65 3%92054 - OCEANSIDE 41% 37% $334,000 -4% 14 37 76%92056 - OCEANSIDE 39% 37% $349,500 3% 40 25 -16%92057 - OCEANSIDE 39% 42% $350,000 11% 33 46 64%92058 - OCEANSIDE 29% - $440,000 - 9 38 -92059 - PALA 49% 17% $289,900 -50% 5 104 3%92061 - PAUMA VALLEY - - - - 0 - -92064 - POWAY 24% 19% $485,000 -9% 27 69 38%92065 - RAMONA 39% 46% $350,000 22% 35 71 -25%92067 - RANCHO SANTA FE 2% 0% $1,950,000 -14% 9 71 -41%92068 - SAN LUIS REY - - - - 0 - -92069 - SAN MARCOS 36% 36% $375,000 7% 29 51 23%92075 - SOLANA BEACH 6% 3% $1,030,000 -14% 7 41 -43%92078 - SAN MARCOS 25% 21% $475,000 -6% 31 77 13%92081 - VISTA 34% 33% $390,750 4% 20 44 50%92082 - VALLEY CENTER 32% 28% $412,500 -2% 26 56 82%92083 - VISTA 52% 52% $270,000 7% 15 27 -39%92084 - VISTA 48% 30% $295,000 -26% 17 51 -7%92091 - RANCHO SANTA FE - 4% - - 0 - -92127 - RANCHO BERNARDO 11% 12% $707,500 9% 29 35 25%92128 - RANCHO BERNARDO 22% 19% $526,000 -3% 29 22 -41%92129 - RANCHO

PENASQUITOS 20% 20% $555,000 6% 33 31 -21%92130 - CARMEL VALLEY 8% 8% $914,000 9% 34 33 41%

"Foreclosures" refers to the number of unique addresses in some stage of foreclosure in


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1 The median is the middle-priced home sold: Half the homes sold for more than the median, and half sold for less.2 The reported days-on-market is defined as the time between the listing and sale of a property. In the event that aproperty is re-listed then days-on-market is calculated from the new list date to sale date; therefore, the occurrence of

re-listing biases downward the reported days-on-market.3 HomeDex TM affordability percentages assume homeowners place 20 percent down and spend no more than a third of their income on housing, which in North County during August 2010 required an annual income of $99,194 for themedian-priced SFD home an amount earned by 26 percent of San Diego County households.4 Monthly median prices and HomeDex TM household affordability percentages reported for some zip codes werecalculated from small numbers of sold listings; reported numbers may be sensitive to price variations and do not implystatistical significance.5 Total SFD sales in North County were $415,593,945 in July 2010 and $398,651,945 in August 2009.


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North San Diego County HomeDex TM August 2010 Summary ReportSingle-Family Attached Homes

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 [email protected]; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: [email protected] or760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and donot imply statistical significance.

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Single-Family Attached Home Prices

The North San Diego County median-priced single-family attached (SFA) home

decreased 5.55 percent from $246,175 in July 2010 to $232,500 in August 2010,for two consecutive monthly price decreases. Non-North San Diego County SFAhome median price increased five percent from $200,000 in July 2010 to$210,000 in August 2010. 1

North San Diego County SFA median prices decreased 11.93 percent year-overfrom $264,000 in August 2009, countering twelve months of year-over priceincreases following 24 months of year-over declines. The Non-North CountySFA median price increased 1.94 percent year-over from August 2009.

The county-wide SFA home median price rose 2.33 percent to $220,000 in

August 2010 from $215,000 in July 2010, but decreased 2.78 percent year-overfrom August 2009.

The median number of days-on-market for North County SFA homes soldincreased to 48 days in August 2010 from 43 days in July 2010. The averagenumber of days-on-market decreased to 72 in August 2010 from 80 in July 2010. 2

Median PricesNorth San Diego County

Single-Family Attached Homes

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

A u g u s

t 2 0 0 8

S e p t e m

b e r 2 0 0 8

O c t o b e

r 2 0 0 8

N o v e m

b e r 2 0 0 8

D e c e m

b e r 2 0 0 8

J a n u a r

y 2 0 0 9

F e b r u a

r y 2 0 0 9

M a r c h

2 0 0 9

A p r i l 2

0 0 9

M a y 2

0 0 9

J u n e 2

0 0 9

J u l y 2

0 0 9

A u g u s

t 2 0 0 9

S e p t e m

b e r 2 0 0 9

O c t o b e

r 2 0 0 9

N o v e m

b e r 2 0 0 9

D e c e m

b e r 2 0 0 9

J a n u a r

y 2 0 1 0

F e b r u a

r y 2 0 1 0

M a r c h

2 0 1 0

A p r i l 2

0 1 0

M a y 2

0 1 0

J u n e 2

0 1 0

J u l y 2 0 1 0

A u g u s

t 2 0 1 0



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The number of sold SFA units increased 2.45 percent from July 2010 to August2010 in North San Diego County, but declined 4.44 percent in Non-North County.

Year-over sales decreased 9.57 percent from August 2009 in North County anddecreased 0.71 percent year-over in Non-North County.

SFA listings (active and contingent) in North San Diego County increased from1,725 ending July 2010 to 1,769 ending August 2010. San Diego County SFAlistings (active and contingent) increased to 5,532 at the end of August 2010 from5,448 in July 2010.

North San Diego CountySingle-Family Attached Homes Sold by Price

0

20

40

60

80

100

120


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Housing Affordability Single-Family Attached Homes

The monthly payment including principal, interest, property taxes, and

insurance for the median-priced SFA home in North County declined to $1,253in August 2010 from $1,332 in July 2010. The monthly payment for the median-priced SFA home in Non-North San Diego County zip codes increased to $1,132in August 2010 from $1,074 in July 2010.

The percent of San Diego County households able to afford the median-pricedSFA home increased to 58 percent in August 2010 from 56 percent in July 2010. 3 The single-family attached home affordability level for Non-North San DiegoCounty zip codes decreased from 66 percent in July 2010 to 63 percent in August2010.

50 percent of county households could afford the median-priced SFA home inNorth San Diego County in August 2009 and 65 percent in Non-North County zipcodes.

Housing Affordability PercentagesSingle-Family Attached Homes

0%

10%

20%

30%

40%

50%

60%

70%

A u g u s t 2

0 0 8

S e p t e m

b e r 2 0 0 8

O c t o b e r 2

0 0 8

N o v e m

b e r 2 0 0 8

D e c e m

b e r 2 0 0 8

J a n u a r y 2

0 0 9

F e b r u a r y 2

0 0 9

M a r c h 2

0 0 9

A p r i l 2 0 0 9

M a y 2 0 0 9

J u n e 2 0 0 9

J u l y 2 0 0 9

A u g u s t 2

0 0 9

S e p t e m

b e r 2 0 0 9

O c t o b e r 2

0 0 9

N o v e m

b e r 2 0 0 9

D e c e m

b e r 2 0 0 9

J a n u a r y 2

0 1 0

F e b r u a r y 2

0 1 0

M a r c h 2

0 1 0

A p r i l 2 0 1 0

M a y 2 0 1 0

J u n e 2 0 1 0

J u l y 2 0 1 0

A u g u s t 2

0 1 0



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Single-Family Attached Home Prices and Affordability by North County Zip Codes 4

North San Diego CountyAugust 2010 Median Prices

Single-Family Attached Homes

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

9 2 0 1 4

- D E L M A

R

9 2 0 7 5

- S O L A

N A B E A

C H

9 2 0 5 4

- O C E A N

S I D E

9 2 1 3 0

- C A R

M E L V A

L L E Y

9 2 0 2 4

- E N C I N

I T A S

9 2 0 0 7

- C A R

D I F F B

Y T H E S

E A

9 2 0 0 8

- C A R L

S B A D

9 2 0 1 0

- C A R L

S B A D

9 2 0 1 1

- C A R L

S B A D

9 2 0 6 4 - P O

W A Y

9 2 0 5 9 -

P A L A

9 2 0 0 9

- C A R L

S B A D

9 2 0 7 8

- S A N M A

R C O S

9 2 1 2 8

- R A N

C H O B

E R N A R D

O

9 2 1 2 7

- R A N

C H O B

E R N A R D

O

9 2 0 2 8

- F A L L B

R O O K

9 2 0 5 6

- O C E A N

S I D E

9 2 1 2 9

- R A N

C H O P

E N A S Q U

I T O S

9 2 0 8 1 - V

I S T A

9 2 0 8 3 - V

I S T A

9 2 0 2 5

- E S C O N

D I D O

9 2 0 8 4 - V

I S T A

9 2 0 6 5

- R A M O N

A

9 2 0 2 9

- E S C O N

D I D O

9 2 0 6 9

- S A N M A

R C O S

9 2 0 5 7

- O C E A N

S I D E

9 2 0 2 7

- E S C O N

D I D O

9 2 0 2 6

- E S C O N

D I D O

9 2 0 0 3

- B O N S A

L L

Housing AffordabilityPercentages

North San Diego County

August 2010

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

9 2 0 6 7

- R A N

C H O S

A N T A

F E

9 2 0 1 4

- D E L

M A R

9 2 0 7 5

- S O L A

N A B E

A C H

9 2 0 5 4

- O C E

A N S I D

E

9 2 1 3 0

- C A R

M E L V

A L L E

Y

9 2 0 2 4

- E N C

I N I T A

S

9 2 0 0 7

- C A R

D I F F B

Y T H E

S E A

9 2 0 0 9

- C A R

L S B A D

9 2 0 1 0

- C A R

L S B A D

9 2 0 1 1

- C A R

L S B A D

9 2 0 6 4

- P O W A

Y

9 2 0 5 9

- P A L A

9 2 0 0 9

- C A R

L S B A D

9 2 0 7 8

- S A N M

A R C O

S

9 2 1 2 8

- R A N

C H O B

E R N A

R D O

9 2 1 2 7

- R A N

C H O B

E R N A

R D O

9 2 0 2 8

- F A L L

B R O O

K

9 2 0 5 6

- O C E

A N S I D

E

9 2 1 2 9

- R A N

C H O P

E N A S

Q U I T O

S

9 2 0 8 1

- V I S T

A

9 2 0 8 3

- V I S T

A

9 2 0 2 5

- E S C

O N D I D

O

9 2 0 8 4

- V I S T

A

9 2 0 6 5

- R A M

O N A

9 2 0 2 9

- E S C

O N D I D

O

9 2 0 6 9

- S A N M

A R C O

S

9 2 0 5 7

- O C E

A N S I D

E

9 2 0 2 7

- E S C

O N D I D

O

9 2 0 2 6

- E S C

O N D I D

O

9 2 0 0 3

- B O N

S A L L


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SFA Median Home Prices HomeDex Single-Family Attached Homes

Month/YearNorth San Diego

CountyNon-North

San Diego CountyNorth San Diego

CountyNon-North

San Diego CountyAugust 2009 $264,000 $206,000 50% 62%

September 2009 $235,000 $190,000 55% 57%October 2009 $239,250 $205,000 55% 62%November 2009 $252,500 $210,000 52% 62%December 2009 $238,750 $200,000 56% 65%

January 2010 $225,000 $200,000 59% 65%February 2010 $240,000 $205,750 56% 63%

March 2010 $245,000 $220,000 55% 60%April 2010 $241,250 $215,500 56% 61%May 2010 $270,000 $230,000 51% 57%June 2010 $270,000 $205,000 51% 64%July 2010 $246,175 $200,000 56% 66%

August 2010 $232,500 $210,000 58% 63%

North San Diego County Housing CharacteristicsSingle-Family Attached Homes

August 2010

Median Price $232,500Average Price $274,740

Median Price per Square Foot $208Lowest-Priced Home Sold $69,000Highest-Priced Home Sold $1,475,000

Number Units Sold 293Total Sales 5 $80,498,728

Median Days on Market 48

Median Square Feet 1,158Median Number of Bedrooms 2Median Number of Baths 2

Median Age (years) of Homes Sold 24


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August2010

Afford-ability 6

August2009

Afford-ability

August2010

MedianPrice

% PriceChg. From

August2009

August2010 SoldListings

MedianDays onMarketAugust

2010

MedianDays on

Market %Chg. fromJuly 2010

92003 - BONSALL 82% 81% $122,500 2% 6 17 -67%92007 - CARDIFF 36% 35% $377,000 5% 5 29 -34%92008 - CARLSBAD 37% 24% $365,000 -20% 6 108 41%92009 - CARLSBAD 49% 42% $285,000 -8% 23 83 17%92010 - CARLSBAD 40% 53% $340,000 38% 7 58 274%92011 - CARLSBAD 42% 33% $331,000 -13% 5 19 -74%92014 - DEL MAR 14% 7% $646,250 -27% 2 116 391%92024 - ENCINITAS 34% 43% $395,000 29% 5 61 663%92025 - ESCONDIDO 70% 72% $182,132 12% 10 26 -60%92026 - ESCONDIDO 81% 86% $124,900 32% 13 46 -17%92027 - ESCONDIDO 81% 90% $125,000 66% 9 31 -49%

92028 - FALLBROOK 61% 45% $220,000 -25% 1 95 -41%92029 - ESCONDIDO 77% 59% $148,500 -31% 1 85 2025%92054 - OCEANSIDE 24% 32% $497,250 28% 8 25 -64%92056 - OCEANSIDE 61% 56% $220,000 -4% 21 45 -54%92057 - OCEANSIDE 79% 79% $135,000 4% 26 69 229%92058 - OCEANSIDE 76% - $150,000 - - 50 -92059 - PALA 45% - $310,000 - 1 241 -92061 - PAUMA VALLEY - - - - 0 - -92064 - POWAY 44% 70% $320,000 88% 3 53 22%92065 - RAMONA 74% 76% $160,000 13% 5 74 -44%92067 - RANCHO SANTA FE - - - - 0 - -92068 - SAN LUIS REY - - - - 0 - -92069 - SAN MARCOS 79% 78% $135,000 3% 12 46 8%92075 - SOLANA BEACH 16% 17% $609,250 6% 6 38 -51%92078 - SAN MARCOS 52% 46% $270,000 -7% 16 40 36%92081 - VISTA 65% 72% $200,000 25% 6 28 -80%92082 - VALLEY CENTER - 32% - - 0 - -92083 - VISTA 67% 79% $192,500 48% 4 40 43%92084 - VISTA 70% 50% $179,000 -32% 3 28 0%92091 - RANCHO SANTA FE - 16% - - 0 - -92127 - RANCHO BERNARDO 57% 42% $237,500 -24% 16 56 44%92128 - RANCHO BERNARDO 55% 48% $250,000 -9% 28 43 -30%92129 - RANCHOPENASQUITOS 62% 43% $213,500 -31% 14 48 -1%92130 - CARMEL VALLEY 32% 28% $410,000 -2% 31 49 40%


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1 The median is the middle-priced home sold: Half the homes sold for more than the median, and half soldfor less.2

The reported days-on-market number is defined as the time between the listing and sale of a property. Inthe event that a property is re-listed then days-on-market is calculated from the new list date to sale date;the occurrence of re-listing biases downward the reported days-on-market.3 HomeDex TM affordability percentages assume homeowners place 20 percent down and spend no morethan a third of their income on housing, which in North County during August 2010 required an annualincome of $50,136 for the median-priced SFA home an amount earned by 58 percent of San DiegoCounty households.4 Monthly median prices and HomeDex TM numbers reported for some zip codes were calculated from smallnumbers of sold listings; reported numbers may be sensitive to price variations and do not imply statisticalsignificance.5 July 2010 total SFA sales were $80,100,281 and $91,070,147 in August 2009 for North San DiegoCounty. 6 See footnote 3.


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North San Diego County HomeDex TM Foreclosure Activity Report Ending August 2010

Prepared for the North San Diego County Association of REALTORS by Robert Brown, Ph.D.Department of Economics California State University, San Marcos. Direct inquiries to Robert [email protected] or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: [email protected] or760-734-3976.


Number of Pre-Foreclosure

Properties 1 endingAugust 2010

% Chg. fromPre-Foreclosuresending July 2010

Number of Bank-Owned endingAugust 2010

% Chg. fromBank-Owned

ending July 2010

92003 - BONSALL 20 33.33% 36 -23.40%92007 - CARDIFF 18 -10.00% 9 0.00%92008 - CARLSBAD 58 20.83% 43 7.50%92009 - CARLSBAD 106 -9.40% 89 -14.42%92010 - CARLSBAD 28 -6.67% 51 -7.27%92011 - CARLSBAD 33 -15.38% 24 9.09%92014 - DEL MAR 20 -16.67% 11 10.00%92024 - ENCINITAS 81 -5.81% 46 -14.81%92025 - ESCONDIDO 98 -8.41% 188 4.44%92026 - ESCONDIDO 133 0.76% 119 -0.83%92027 - ESCONDIDO 153 -3.16% 109 -3.54%92028 - FALLBROOK 137 7.87% 144 -0.69%92029 - ESCONDIDO 49 6.52% 27 -18.18%92054 - OCEANSIDE 94 0.00% 69 -2.82%92056 - OCEANSIDE 151 3.42% 161 47.71%92057 - OCEANSIDE 209 0.97% 122 0.00%92059 - PALA 0 -100.00% 10 11.11%92061 - PAUMA VALLEY 4 -66.67% 14 0.00%92064 - POWAY 107 -2.73% 66 8.20%92065 - RAMONA 108 13.68% 147 2.08%92067 - RANCHO SANTA FE 9 -47.06% 22 -12.00%92068 - SAN LUIS REY 0 - 0 -92069 - SAN MARCOS 131 -13.25% 101 -4.72%

92075 - SOLANA BEACH 19 26.67% 23 27.78%92078 - SAN MARCOS 144 11.63% 72 10.77%92081 - VISTA 58 5.45% 42 -2.33%92082 - VALLEY CENTER 73 12.31% 84 -3.45%92083 - VISTA 93 -7.00% 89 12.66%92084 - VISTA 121 2.54% 89 3.49%92091 - RANCHO SANTA FE 6 0.00% 3 0.00%92127 - RANCHOBERNARDO 98 7.69% 65 -14.47%92128 - RANCHOBERNARDO 93 -1.06% 63 12.50%92129 - RANCHO

PENASQUITOS 114 18.75% 42 -6.67%92130 - CARMEL VALLEY 74 13.85% 59 0.00%TOTALS 2,640 0.88% 2,239 1.31%


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North San Diego County HomeDex TM Foreclosure Activity Report Ending August 2010

Prepared for the North San Diego County Association of REALTORS by Robert Brown, Ph.D.Department of Economics California State University, San Marcos. Direct inquiries to Robert [email protected] or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: [email protected] or760-734-3976.

"Foreclosures" refers to the number of unique addresses in some stage of foreclosure

n

1 Active pre-foreclosure include properties classified as Lis Pendens (i.e., a public notice has beenserved that a loan is delinquent and the lending institution has initiated the foreclosure process) and FinalJudgment (i.e., the court has authorized the lender to proceed with the auction of the property); datareported from First American RES database of properties obtained from county assessment records. Allnumbers shown are reported for a particular point in time, as these databases are frequently updated.NSDCAR does not guarantee accuracy of data.


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Carsbad Service Center 6183 Paseo Del Norte, Ste. 150

Carlsbad, CA 92009Phone: (760) 929-2100

Fax: (760) 929-2115

Carmel Valley Service Center 12707 High Bluff Drive, Suite 125

San Diego, CA 92130Phone: (858) 350-1600

Fax: (858) 350-0380

Fallbrook Service Center 126 West Beech

Fallbrook, CA 92028Phone: (760) 728-5811

Fax: (760) 728-0646

Escondido Service Center

1802 S. Escondido Blvd., Suite EEscondido, CA 92025

Phone: (760) 745-2299Fax: (760) 745-3842

Increasing the Success and Profitability of Those We Serve

Vista Administrative Offices & Service Center

906 Sycamore Ave., Suite 104Vista, CA 92081

Phone: (760) 734-3971Fax: (760) 734-3976

Home Dex Report- September 2010

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