Ryan Mathys & Tracie Kersten

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North County Coastal

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Trends At A Glance Jul 2014 Previous Month Year-over Year
Median Home Price -3.1%$603,026 $622,500 +11.7%$540,000
Average Sales Price -6.2%$847,623 $903,461 +13.5%$746,593
No. of Homes Sold -11.7%639 724 -18.2%781
Pending Properties +1.4%957 944 +1.2%946
Foreclosures Sold -30.8%9 13 -65.4%26
Short Sales Sold +150.0%5 2 -86.1%36
Active Listings +8.4%2889 2665 +32.6%2178
Active Foreclosures +6.3%34 32 -29.2%48
Active Short Sales -10.7%50 56 -72.5%182
Sales Price vs. List Price -0.1%97.4% 97.4% -1.4%98.7%
Average Days on Market +4.7%46 44 +17.1%39

Market MomentumEnlarge Graph

Market Report Commentary

Median Price Hits $500,000

This is the first time the median price of single-family, re-sale homes has been at $500,000 since November 2007. Since the beginning of the year, the 3-month moving average median price has gained 9%. Although sales continue...

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Mortgage Rate Outlook

Fed Message Bumps Rates, A Little August 1, 2014 -- One of these days, and probably not long from now, the Federal Reserve is going to again surprise the market in a meaningful way, causing all manner of unintended...

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Foreclosure Statistics

Notices of default, the first step in the foreclosure process, in San Diego County were up 13.9% in June from May. Year-over-year, they were down 31.9%. 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 11.7% year-over-year to $603,026 from $540,000. The average home sales price rose by 13.5% year-over-year to $847,623 from $746,593. Home sales fell by 18.2%...

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