Ryan Mathys & Tracie Kersten

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North County Coastal

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Trends At A Glance Aug 2014 Previous Month Year-over Year
Median Home Price -0.5%$600,000 $603,026 +2.9%$583,000
Average Sales Price +0.2%$849,087 $847,623 +12.1%$757,655
No. of Homes Sold -6.3%599 639 -22.9%777
Pending Properties -4.6%913 957 +10.8%824
Foreclosures Sold +11.1%10 9 -60.0%25
Short Sales Sold -40.0%3 5 -88.0%25
Active Listings +5.6%3051 2889 +34.3%2272
Active Foreclosures -2.9%33 34 -10.8%37
Active Short Sales -10.0%45 50 -72.4%163
Sales Price vs. List Price 0.0%97.3% 97.4% -1.0%98.3%
Average Days on Market +3.3%47 46 +18.7%40

Market MomentumEnlarge Graph

Market Report Commentary

Market Takes a Breather

The median price of single-family, re-sale homes reached $500,000 in July for the first time since November 2007. It stayed there in August. After nineteen months of double-digit price gains, the median price has cooled...

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Mortgage Rate Outlook

Despite Solid Data, Rates Remain Tethered September 5, 2014 -- Over the last couple of months, available economic signals from the U.S. continue to flash much more green than yellow. The economic storm in the first quarter...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in San Diego County were up 4.5% in July from June. Year-over-year, they were down 15.9%. Notices of sale, which set the date and time of an auction, and...

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North County Coastal Stats At A Glance

Year-Over-Year Median home prices increased by 2.9% year-over-year to $600,000 from $583,000. The average home sales price rose by 12.1% year-over-year to $849,087 from $757,655. Home sales fell by 22.9%...

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