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North San Diego County


TM
HomeDex
North County
October 2010 REPORT
September 2010 Statistics

North San Diego County


Association of REALTORS®

HomeDex is an exclusive NSDCAR member benefit


PLEASE READ

The name HomeDex™ and its contents are protected under a trademark and
copyright 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 media
applications – provided any and all attribution for the HomeDex™ name and its
contents is given to the North San Diego County Association of Realtors®.
Failure to do so will result in revoking permission to use the HomeDex™ name
and/or its contents

Direct written requests for permission, together with a brief description of how the
name and contents would be used, to Lynn Sullivan, NSDCAR Communications
Director, at Communications@nsdcar.com and include the proposed user’s
contact information.

HomeDex™ is prepared for the North San Diego County Association of


REALTORS® by Robert Brown, Ph.D., California State University, San Marcos.
Questions may be directed to Dr. Brown at rbrown@csusm.edu; phone #
(760)750-4196 or to NSDCAR Communications Director, Lynn Sullivan, at
Communications@nsdcar.com; 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 may
be reproduced, redistributed, faxed OR TRANSMITTED ELECTRONICALLY without the written
permission of the North San Diego County Association of REALTORS®.

01/12/10
HomeDex™ Key Points
September 2010 Data

1. The median price for all North County home sales – attached and detached – rose 2.59 percent in
September 2010 from August 2010, to $395,000.

a. Detached homes in North County rose 3.46 percent from $460,000 in August 2010 to
$475,000 in September 2010.

i. Detached home prices OUTSIDE North County remained at $350,000 in September


2010.

ii. Year-over median single-family detached homes in North San Diego County
increased 4.14 percent, from $457,000 in September 2009.

iii. The countywide median SFD price of homes sold increased from $385,000 in August
2010 to $390,000 in September 2010. The county has experienced 13 months of
year-over price increases, although these have been modest the last two months.

b. Attached home prices in North County rose 2.06 percent to $237,300 in September 2010
from 232,500 in August 2010, following two months of price decreases.

i. Non-North County attached home prices decreased 4.76 percent to $200,000 in


September 2010 from $210,000 in August 2010.

c. Median days-on-market for single-family detached homes in North County increased to 52


days in September 2010 from 48 days in August 2010. The number of North County single-
family homes sold decreased 0.1 percent from August 2010 to September 2010.

###
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes
Single-Family Detached Home Prices

• The median price for all homes in North San Diego County – single-family
detached and single-family attached – rose from $385,000 in August 2010 to
$395,000 in September 2010.1

• The median-priced single-family detached (SFD) home in North San Diego


County rose 3.46 percent from $460,000 in August 2010 to $475,000 in
September 2010, following two months of price declines. The SFD median price
in Non-North County zip codes remained at $350,000 in September 2010.

• Year-over median SFD price in North San Diego County increased 4.14 percent
in September 2010 from $457,000 in September 2009; there have been year-over
increases in median price in each of the last 12 months, with the exception of
August 2010. Year-over median price rose only 0.01 percent in Non-North
County zip codes, from $349,950 in September 2009, for 12 straight months of
year-over increases.

• The countywide median SFD price experienced a monthly increase of just over
one percent, from $385,000 in August 2010 to $390,000 in September 2010, with
the same year-over increase from September 2009. The county has experienced
13 months of year-over price increases, although these have been modest the last
two months.

Median Prices
North San Diego County
Single-Family Detached Homes
North San Diego County Non-North San Diego County

$700,000

$600,000

$500,000

$400,000

$300,000

$200,000

$100,000

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1 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes

• The median days-on-market for North San Diego County SFD homes sold
increased to 52 days in September 2010 from 48 days in August 2010. The
average number of days-on-market rose to 80 in September 2010 from 74 in
August 2010.2

• The SFD median price-per-square foot fell to $223 in September 2010 from $225
in August 2010, but increased 4.05 percent year-over from September 2009
continuing an 11 month trend of year-over increases in median price-per-square
foot (following over two years of price declines).

North San Diego County


Median Price per Square Foot
Single-Family Detached Homes

$350

$300

$250

$200

$150

$100
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2 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes

• There were 4,774 (active and contingent) SFD listings in North San Diego County
ending September 2010, a 1.45 percent decrease from last month.

• There were 10,247 (active and contingent) listings in San Diego County ending
September 2010, a 0.33 percent increase from August 2010.

• The number of sold North San Diego County SFD units decreased 0.1 percent
from August 2010 to September 2010, and fell 6.36 percent year-over from
September 2009.

• Total sales volume increased slightly by 0.7 percent year-over from September
2009, following two months of year-over decreases.

Number of Single-Family Detached Homes Sold by Price Range


September 2010 September 2009 September 2008 September 2007

250

200

150

100

50

0
<$300K $300- $400- $500- $600- $700- $800- $900- $1M- $1.1M- $1.2M- $1.3M- $1.4M- $1.5M- $2M- $3M- $4M- over
$400K $500 $600K $700K $800K $900K $1M $1.1M $1.2M $1.3M $1.4M $1.5M $2M $3M $4M $5M $5M

3 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes
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 increased from
$2,480 in August 2010 (based on a conventional mortgage) to $2,520 in September
2010. The monthly payment for the median-priced SFD home in Non-North San
Diego County declined to $1,853 in September 2010 from $1,887 in August 2010.

• The percent of San Diego County households that could afford the median-priced
SFD home in North County remained at 26 percent in September 2010 according
to the North San Diego County HomeDexTM. Across Non-North County zip
codes, the affordability percentage rose from 39 percent in August 2010 to 40
percent in September 2010.3 The HomeDexTM affordability percentage was 24
percent in North County and 36 percent in Non-North San Diego County zip
codes in September 2009.

• The HomeDexTM affordability percentage for all homes in North San Diego
County – single-family detached and single-family attached together – remained
at 35 percent in September 2010.
Home Affordability Percentage
Single-Family Detached
North San Diego County Non-North San Diego County

45%

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4 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
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North San Diego County

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North San Diego County


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Housing Affordability Percentages by Zip Code


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September 2010 Summary Report

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North San Diego County HomeDexTM

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Prepared for the North San Diego County Association of REALTORS® by Robert Brown, Ph.D.
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Department of Economics California State University, San Marcos. Inquiries may be directed to Robert Brown
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Single-Family Detached Home Prices and Affordability by North County Zip Codes4

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rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or


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760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
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5 of 8
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes

North San Diego County Housing Characteristics


Single-Family Detached Homes
September 2010
Median Price $475,900
Average Price $609,336
Median Price per Square Foot $223
Lowest-Priced Home Sold $95,000
Highest-Priced Home Sold $4,500,000

Number Units Sold 721


Total Sales5 $439,331,101
Median Days on Market 52

Median Square Feet 2,120


Median Number of Bedrooms 4
Median Number of Baths 3
Median Lot Size (sq. feet) 8,990
Median Age (years) of Homes Sold 22

HomeDexTM
(Percent of San Diego County households
Median Home Prices affording median-priced home)
North San Non-North North San Diego Non-North
Month/Year
Diego County San Diego County County San Diego County
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%
September 2010 $475,900 $350,000 26% 40%

6 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes
Median Med. Days
Sep. Sep. Sep. Days on on Market
2010 2009 Sep. 2010 % Price 2010 Market % Chg.
North San Diego County Zip Afford- Afford- Median Chg. From Sold Sep. from Aug.
Codes ability ability Price Sep. 2009 Listings 2010 2010
92003 - BONSALL 24% 19% $500,500 -7% 6 49 -
92007 - CARDIFF 9% 9% $860,000 15% 7 125 155%
92008 - CARLSBAD 19% 19% $587,000 9% 12 32 -34%
92009 - CARLSBAD 11% 9% $705,000 -8% 36 46 -2%
92010 - CARLSBAD 22% 20% $536,000 4% 4 44 -41%
92011 - CARLSBAD 10% 9% $739,000 1% 17 66 136%
92014 - DEL MAR 3% 3% $1,587,500 14% 14 81 243%
92024 - ENCINITAS 9% 9% $849,500 9% 30 58 37%
92025 - ESCONDIDO 45% 49% $318,000 18% 23 40 -15%
92026 - ESCONDIDO 38% 41% $366,500 15% 41 56 -10%
92027 - ESCONDIDO 47% 54% $306,500 25% 34 51 -17%
92028 - FALLBROOK 44% 30% $327,500 -19% 34 58 -2%
92029 - ESCONDIDO 18% 15% $600,500 0% 10 100 53%
92054 - OCEANSIDE 37% 32% $377,900 -1% 22 73 97%
92056 - OCEANSIDE 41% 36% $343,000 -3% 37 47 92%
92057 - OCEANSIDE 40% 39% $350,000 7% 33 50 9%
92058 - OCEANSIDE 56% - $250,000 - 11 47 -
92059 - PALA 21% 17% $550,000 -3% 3 53 -49%
92061 - PAUMA VALLEY - - - - 0 - -
92064 - POWAY 24% 27% $511,250 19% 34 75 8%
92065 - RAMONA 46% 41% $315,000 -1% 35 47 -34%
92067 - RANCHO SANTA FE 0% 1% $2,582,250 16% 12 150 111%
92068 - SAN LUIS REY 36% 33% - - 0 - -
92069 - SAN MARCOS 37% 35% $375,000 3% 25 72 41%
92075 - SOLANA BEACH 8% 3% $925,000 -21% 7 75 83%
92078 - SAN MARCOS 22% 22% $535,000 8% 28 65 -16%
92081 - VISTA 37% 32% $378,000 -2% 21 38 -13%
92082 - VALLEY CENTER 39% 29% $357,500 -13% 18 62 12%
92083 - VISTA 52% 50% $275,000 3% 15 23 -15%
92084 - VISTA 38% 47% $362,500 29% 20 42 -19%
92091 - RANCHO SANTA FE - 7% - - 0 - -
92127 - RANCHO BERNARDO 11% 10% $730,000 6% 43 65 86%
92128 - RANCHO BERNARDO 19% 20% $575,000 9% 37 53 141%
92129 - RANCHO
PENASQUITOS 22% 19% $540,000 0% 25 46 48%
92130 - CARMEL VALLEY 9% 7% $842,500 -4% 38 30 -8%

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


foreclosure in

7 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Detached Homes

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 a
property 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
HomeDexTM 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 September 2010 required an annual income of $100,782 for the
median-priced SFD home – an amount earned by 26 percent of San Diego County households.
4
Monthly median prices and HomeDexTM household affordability percentages reported for some zip codes were
calculated from small numbers of sold listings; reported numbers may be sensitive to price variations and do not imply
statistical significance.
5
Total SFD sales in North County were $390,318,131 in August 2010 and $436,267,945 in September 2009.

8 of 8
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
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do not
imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes
Single-Family Attached Home Prices

• The North San Diego County median-priced single-family attached (SFA) home
rose 2.06 percent to $237,300 in September 2010 from $232,500 in August 2010,
following two months of price decreases. Non-North San Diego County SFA
home median price fell 4.76 percent to $200,000 in September 2010 from
$210,000 in August 2010.1

• North San Diego County SFA median prices increased about one percent year-
over from $235,000 in September 2009, after a nearly 12 percent year-over price
fall last month. The Non-North County SFA median price rose 5.26 percent year-
over from September 2009.

• The county-wide SFA home median price decreased 3.18 percent from $220,000
in August 2010 to $213,000 in September 2010, but increased 3.95 percent year-
over from September 2009.

• The median number of days-on-market for North County SFA homes sold
increased from 48 days in August 2010 to 52 days in September 2010. The
average number of days-on-market rose from 72 in August 2010 to 83 in
September 2010.2

Median Prices
North San Diego County
Single-Family Attached Homes
North San Diego County Non-North San Diego County

$300,000
$280,000
$260,000
$240,000
$220,000
$200,000
$180,000
$160,000
$140,000
$120,000
$100,000
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1 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes

• The number of sold SFA units decreased 11.6 percent in September 2010 from
August 2010 in North San Diego County; in Non-North County the number of
sold units decreased 6.43 percent.

• Year-over sales decreased 21.04 percent from September 2009 in North County
and decreased 11.19 percent year-over in Non-North County.

• SFA listings (active and contingent) in North San Diego County decreased to
1,719 ending September 2010 from 1,769 ending August 2010. San Diego
County SFA listings (active and contingent) decreased from 5,532 at the end of
August 2010 to 5,471 in September 2010.

North San Diego County


Single-Family Attached Homes Sold by Price Range
September 2010 September 2009 September 2008 September 2007
140

120

100

80

60

40

20

0
<$200K $200- $300- $400- $500- $600- $700- $800- $900- $1M- $1.1M- $1.2M- $1.3M- $1.4M- $1.5M+
$300K $400K $500 $600K $700K $800K $900K $1M $1.1M $1.2M $1.3M $1.4M $1.5M

2 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes
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 increased from
$1,253 in August 2010 to $1,256 in September 2010. The monthly payment for
the median-priced SFA home in Non-North San Diego County zip codes declined
from $1,132 in August 2010 to $1,059 in September 2010.

• The percent of San Diego County households able to afford the median-priced
SFA home remained at 58 percent in September 2010.3 The single-family
attached home affordability level for Non-North San Diego County zip codes
increased to 66 percent in September 2010 from 63 percent in August 2010.

• In September 2009, 55 percent of county households could afford the median-


priced SFA home in North San Diego County and 57 percent in Non-North
County zip codes.

Housing Affordability Percentages


Single-Family Attached Homes
North San Diego County Non-North San Diego County

70%

60%

50%

40%

30%

20%

10%

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3 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
92
07
5 92
07
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LA
5
92 -S
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7 A 00 LA

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$100,000
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$400,000
$500,000
$600,000
$700,000

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not imply statistical significance.


92 BE LLE
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92
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92 4 D 92 R L O
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92 RN S B R
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Prices

Percentages
92
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September 2010
92 00 92 92 - D R D
12 M 12 E O
9 92 3 - B A 9
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Housing Affordability
-R
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05
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North San Diego County


N -O SA A 56 BO AR
CH CE LL N - N
O CH O SA
C
September 2010 Median
North San Diego County

PE AN O L
N SI
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PE EAN L
SQ N
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92 92 IT SQ E
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7 -V 05 81 O
-O I 7
Single-Family Attached Homes

CE STA -O -V S
A
N
CE IST
92 SI A A
September 2010 Summary Report

92 08 D N
02 4 E 9 2 92
7 -V 02 08 SID
4
North San Diego County HomeDexTM

-E 7 - E
92 SC IST
A 92 - E V
02
5 O 02 SC IST
- E ND 5 O A
- N

Prepared for the North San Diego County Association of REALTORS® by Robert Brown, Ph.D.
92 ID
02
SC
O O 92 E D
6 02 SC ID
- E ND
ID
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92 O O
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02 RA O
8 M
02
8
- R ID
-F O
A - F AM O
LL N A A
BR LL O N

Department of Economics California State University, San Marcos. Inquiries may be directed to Robert Brown
O
Single-Family Attached Home Prices and Affordability by North County Zip Codes4

O
BR A
K O

rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or


O

760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
K

4 of 7
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes

North San Diego County Housing Characteristics


Single-Family Attached Homes
September 2010
Median Price $237,300
Average Price $267,716
Median Price per Square Foot $206
Lowest-Priced Home Sold $67,000
Highest-Priced Home Sold $1,225,000

Number Units Sold 259


Total Sales5 $69,338,350
Median Days on Market 52

Median Square Feet 1,130


Median Number of Bedrooms 2
Median Number of Baths 2
Median Age (years) of Homes Sold 26

SFA Median Home Prices HomeDex Single-Family Attached Homes

North San Diego Non-North North San Diego Non-North


Month/Year County San Diego County County San Diego County
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%
September 2010 $237,300 $200,000 58% 66%

5 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes

Median
Sep. Sep. Median Days on
2010 2009 Sep. 2010 % Price Sep. 2010 Days on Market %
North San Diego County Zip Afford- Afford- Median Chg. From Sold Market Chg. from
Codes ability6 ability Price Sep. 2009 Listings Sep. 2010 Aug. 2010
92003 - BONSALL 62% 55% $221,500 -6% 1 42 155%
92007 - CARDIFF 25% 25% $482,500 9% 6 33 14%
92008 - CARLSBAD 28% 20% $455,000 -13% 5 18 -83%
92009 - CARLSBAD 44% 44% $325,000 8% 15 39 -53%
92010 - CARLSBAD 36% 42% $380,000 22% 5 29 -50%
92011 - CARLSBAD 23% 34% $520,000 40% 1 145 663%
92014 - DEL MAR 61% 9% $222,500 -70% 4 119 3%
92024 - ENCINITAS 33% 26% $412,500 -7% 8 28 -54%
92025 - ESCONDIDO 83% 78% $120,000 -11% 3 100 292%
92026 - ESCONDIDO 86% 79% $103,000 -21% 9 56 22%
92027 - ESCONDIDO 81% 87% $130,000 44% 9 57 84%
92028 - FALLBROOK 92% 63% $70,875 -65% 1 80 -16%
92029 - ESCONDIDO 53% - $270,000 - 1 64 -25%
92054 - OCEANSIDE 48% 39% $302,500 -8% 12 113 359%
92056 - OCEANSIDE 70% 65% $185,000 -3% 25 27 -40%
92057 - OCEANSIDE 77% 73% $150,200 -3% 30 45 -35%
92058 - OCEANSIDE 77% - $152,500 - 6 40 -
92059 - PALA - - - - 0 - -
92061 - PAUMA VALLEY - - - - 0 - -
92064 - POWAY 47% 73% $308,500 99% 5 30 -43%
92065 - RAMONA 89% 76% $85,800 -40% 1 95 28%
92067 - RANCHO SANTA FE - - - - 0 - -
92068 - SAN LUIS REY - - - - 0 - -
92069 - SAN MARCOS 71% 78% $180,000 37% 7 57 25%
92075 - SOLANA BEACH 16% 23% $630,000 33% 3 60 58%
92078 - SAN MARCOS 54% 48% $261,500 -7% 17 99 151%
92081 - VISTA 75% 33% $159,000 -58% 2 28 0%
92082 - VALLEY CENTER - - - - 0 - -
92083 - VISTA 71% 70% $181,000 7% 5 42 5%
92084 - VISTA 77% 78% $149,000 12% 5 73 161%
92091 - RANCHO SANTA FE - 16% - - 0 - -
92127 - RANCHO BERNARDO 42% 55% $340,000 42% 17 86 54%
92128 - RANCHO BERNARDO 56% 48% $250,000 -9% 37 56 30%
92129 - RANCHO
PENASQUITOS 70% 58% $183,500 -18% 10 89 85%
92130 - CARMEL VALLEY 40% 29% $350,500 -15% 15 39 -20%

6 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
North San Diego County HomeDexTM
September 2010 Summary Report
Single-Family Attached Homes

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 number is defined as the time between the listing and sale of a property. In
the 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
HomeDexTM 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 September 2010 required an annual
income of $50,253 for the median-priced SFA home – an amount earned by 58 percent of San Diego
County households.
4
Monthly median prices and HomeDexTM numbers reported for some zip codes were calculated from small
numbers of sold listings; reported numbers may be sensitive to price variations and do not imply statistical
significance.
5
August 2010 total SFA sales were $77,901,350 and $90,844,482 in September 2009 for North San Diego
County.
6
See footnote 3.

7 of 7
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
rbrown@csusm.edu; 760-750-4196 or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976. Data source: Sandicor, Inc. Comparisons are not based on identical samples of homes sold and do
not imply statistical significance.
North San Diego County HomeDexTM
Foreclosure Activity Report – Ending September 2010

Number of Pre- % Chg. from % Chg. from


Foreclosure Pre-Foreclosures Number of Bank- Bank-Owned
1 ending August
North San Diego County Zip Properties ending ending August Owned ending
Codes September 2010 2010 September 2010 2010
92003 - BONSALL 19 -5.00% 32 -11.11%
92007 - CARDIFF 15 -16.67% 8 -11.11%
92008 - CARLSBAD 61 5.17% 45 4.65%
92009 - CARLSBAD 119 12.26% 92 3.37%
92010 - CARLSBAD 31 10.71% 49 -3.92%
92011 - CARLSBAD 34 3.03% 24 0.00%
92014 - DEL MAR 17 -15.00% 16 45.45%
92024 - ENCINITAS 84 3.70% 49 6.52%
92025 - ESCONDIDO 97 -1.02% 104 -44.68%
92026 - ESCONDIDO 153 15.04% 128 7.56%
92027 - ESCONDIDO 163 6.54% 117 7.34%
92028 - FALLBROOK 148 8.03% 150 4.17%
92029 - ESCONDIDO 49 0.00% 35 29.63%
92054 - OCEANSIDE 105 11.70% 68 -1.45%
92056 - OCEANSIDE 145 -3.97% 170 5.59%
92057 - OCEANSIDE 227 8.61% 121 -0.82%
92059 - PALA 1 - 9 -10.00%
92061 - PAUMA VALLEY 4 0.00% 16 14.29%
92064 - POWAY 99 -7.48% 66 0.00%
92065 - RAMONA 117 8.33% 142 -3.40%
92067 - RANCHO SANTA FE 17 88.89% 25 13.64%
92068 - SAN LUIS REY 0 - 0 -
92069 - SAN MARCOS 132 0.76% 118 16.83%
92075 - SOLANA BEACH 20 5.26% 21 -8.70%
92078 - SAN MARCOS 156 8.33% 71 -1.39%
92081 - VISTA 63 8.62% 41 -2.38%
92082 - VALLEY CENTER 84 15.07% 87 3.57%
92083 - VISTA 100 7.53% 101 13.48%
92084 - VISTA 117 -3.31% 92 3.37%
92091 - RANCHO SANTA FE 7 16.67% 3 0.00%
92127 - RANCHO
BERNARDO 106 8.16% 70 7.69%
92128 - RANCHO
BERNARDO 109 17.20% 70 11.11%
92129 - RANCHO
PENASQUITOS 108 -5.26% 48 14.29%
92130 - CARMEL VALLEY 70 -5.41% 58 -1.69%
TOTALS 2,777 5.19% 2,246 0.31%

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 Brown
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976.
North San Diego County HomeDexTM
Foreclosure Activity Report – Ending September 2010

"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 been
served that a loan is delinquent and the lending institution has initiated the foreclosure process) and “Final
Judgment” (i.e., the court has authorized the lender to proceed with the auction of the property); data
reported from First American RES database of properties obtained from county assessment records. All
numbers shown are reported for a particular point in time, as these databases are frequently updated.
NSDCAR does not guarantee accuracy of data.

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 Brown
rbrown@csusm.edu or 760-750-4196; or Lynn Sullivan, NSDCAR Communications Director: lynn@nsdcar.com or
760-734-3976.
Vista Administrative Offices &
Service Center
906 Sycamore Ave., Suite 104
Vista, CA 92081
Phone: (760) 734-3971
Fax: (760) 734-3976

Escondido Service Center Carsbad Service Center


1802 S. Escondido Blvd., Suite E 6183 Paseo Del Norte, Ste. 150
Escondido, CA 92025 Carlsbad, CA 92009
Phone: (760) 745-2299 Phone: (760) 929-2100
Fax: (760) 745-3842 Fax: (760) 929-2115

Carmel Valley Service Center Fallbrook Service Center


12707 High Bluff Drive, Suite 125 126 West Beech
San Diego, CA 92130 Fallbrook, CA 92028
Phone: (858) 350-1600 Phone: (760) 728-5811
Fax: (858) 350-0380 Fax: (760) 728-0646

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