Home Dex Report- July 2010 Statistics

8/9/2019 Home Dex Report- July 2010 Statistics

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North San Diego CountyAssociation of REALTORS

North Count y

August 201 0 REPORT

July 2010 Statistics

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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 ofREALTORSby 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 PointsJuly 2010 Data

1. The median price for all North County home sales attached and detached decreased 6.25 percentin July 2010 from June 2010, to $400,000.a. Detached homes in North County fell 1.04 percent from $479,975 in June 2010 to $475,000

in July 2010.

i. Detached home prices OUTSIDE North County decreased 4.31 to $353,100 in July2010 from $369,000 in June 2010.

ii. Year-over median single-family detached homes in North San Diego Countyincreased 7.95 percent, from $440,000 in July 2009, twelve straight months of year-over price increases, but the smallest increase in nine months. The year-over median

price OUTSIDE North County for single-family homes rose 5.4 percent from$335,000 a year ago, making ten straight months of year-over increases.

iii. The countywide median SFD price of homes sold fell from $405,000 in June 2010 to$392,000 in July 2010, and increased 5.38 percent from July 2009 for the eleventhmonth of year-over price increases countywide.

b. Attached home prices in North County decreased 8.82 percent to $246,175 in July 2010,from its highest level since summer 2008 in June 2010.

i. Non-North County attached home prices fell 2.44 percent to $200,000 in July 2010from $205,000 in June 2010.

ii. North County attached homes increased 4.76% from $235,000 a year ago; the twelfthstraight month of year-over price increases, following 24 months of year-overdeclines.

c. Median days-on-market for single-family detached homes in North County increased to 42days in July 2010 from 39 days in June 2010. The number of North County single-familyhomes sold decreased 9.54 percent from June 2010 to July 2010. Sold units decreased 19.89percent year-over from July 2009.

###


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North San Diego County HomeDexTMJuly 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.

1 of 8

Single-Family Detached Home Prices

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

detached and single-family attached decreased from $425,000 in June 2010 to$400,000 in July 2010.1

The median-priced single-family detached (SFD) home in North San DiegoCounty fell 1.04 percent from $479,975 in June 2010 to $475,000 in July 2010,the first monthly decrease in five months. The SFD median price in Non-NorthCounty zip codes decreased 4.31 percent to $353,100 in July 2010 from $369,000in June 2010.

Year-over median SFD price in North San Diego County increased 7.95 percentfrom $440,000 in July 2009 -- twelve straight months of year-over price increases

but the smallest increase in nine months. Year-over median price rose 5.4 percentin Non-North County zip codes from $335,000 in July 2009, making ten straightmonths of year-over increases.

The countywide median SFD price fell 3.21 percent from $405,000 in June 2010to $392,000 in July 2010 but increased 5.38 percent year-over from July 2009 --the eleventh month of year-over price increases countywide.

Median Prices

North San Diego County


$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

July2007

September2007

November2007

January2008

March

2008

May2008

July2008

September2008

November2008

January2009

March

2009

May2009

July2009

September2009

November2009

January2010

March

2010

May2010

July2010

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 to 42 days in July 2010 from 39 days in June 2010. The average

number of days-on-market rose to 70 in July 2010 from 67 in June 2010.

2

The SFD median price-per-square foot increased to $233 in July 2010 from $231in June 2010, and increased 12.07 percent year-over from July 2009 the ninthstraight months of year-over increases in median price-per-square foot (followingover two years of price declines). Since summer 2008, the highest median price-per-square foot reported was $234 in May 2010.

North San Diego CountyMedian Price per Square Foot


$100

$150

$200

$250

$300

$350

May2007

June2007

July2007

August2007

September2007

October2007

November2007

December2007

January2008

Febru

ary2008

March

2008

April2008

May

2008

June

2008

July2008

August2008

September2008

October2008

November2008

December2008

January2009

Febru

ary2009

March

2009

April2009

May2009

June2009

July2009

August2009

September2009

October2009

November2009

December2009

January2010

Febru

ary2010

March

2010

April2010

May2010

June2010

July2010


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There were 4,826 (active and contingent) SFD listings in North San Diego County

ending July 2010, up 2.29 percent from June 2010.

There were 10,088 (active and contingent) listings in San Diego County endingJuly 2010, a 2.08 percent increase from July 2010.

The number of sold North San Diego County SFD units decreased 9.54 percentfrom June 2010 to July 2010. Sold units decreased 19.89 percent year-over fromJuly 2009, countering the trend of year-over sales increases since January 2010.

Total sales volume declined 11.72 percent year-over from July 2009, after fivemonths of year-over increases of 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 fell from $2,602 inJune 2010 (based on a conventional mortgage) to $2,551 in July 2010. Themonthly payment for the median-priced SFD home in Non-North San DiegoCounty declined to $1,897 in July 2010 from $2,000 in June 2010.

The percent of San Diego County households that could afford the median-pricedSFD home in North County rose from 24 percent in June 2010 to 25 percent inJuly 2010 according to the North San Diego County HomeDexTM. Across Non-North County zip codes, the affordability percentage increased to 39 percent inJuly 2010 from 36 percent in June 2010.3 The HomeDexTM affordabilitypercentage was 26 percent in North County and 34 percent in Non-North San

Diego County zip codes in July 2009.

The HomeDexTM affordability percentage for all homes in North San DiegoCounty single-family detached and single-family attached together rose to 33percent in July 2010 from 30 percent in June 2010.

Home Affordability Percentage

Single-Family Detached

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

50%

July2008

August2008

Septemb

er2008

October2008

Novemb

er2008

Decemb

er2008

January2009

Februar

y2009

March2009

April2009

May2009

June2009

July2009

August2009

Septemb

er2009

October2009

Novemb

er2009

Decemb

er2009

January2010

Februar

y2010

March2010

April2010

May2010

June2010

July2010



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

4


Housing Affordability Percentages by Zip Code


July 2010

0%

10%

20%

30%

40%

50%

60%

92091-

RANCHO

SANT

AFE

92067-

RANCHO

SANT

AFE

92007-

CARDIFF

BYTHESEA

92014-

DEL

MAR

92130-

CARME

LVALLEY

92075-

SOLANA

BEACH

92024-

ENCINITAS

92011-

CARLSBAD

92127-

RANCHOBERN

ARDO

92009-

CARLSBAD

92059-

PALA

92064-

POWAY

92003-

BONS

ALL

92009-

CARLSBAD

92010-

CARLSBAD

92129-

RANCHOPENASQUITOS

92128-

RANCHOBERN

ARDO

92029-

ESCONDIDO

92082-

VALLEYCENTER

92078-

SANMA

RCOS

92081-

VIST

A

92026-

ESCONDIDO

92056-

OCEANSID

E

92084-

VIST

A

92028-

FALLBR

OOK

92025-

ESCONDIDO

92069-

SANMA

RCOS

92057-

OCEANSID

E

92054-

OCEANSID

E

92065-

RAMO

NA

92027-

ESCONDIDO

92083-

VIST

A


Single-Family Detached

Homes

July 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

$2,200,000

$2,400,000

$2,600,000

92091-

RANCHO

SANT

AFE

92067-

RANCHO

SANT

AFE

92007-

CARDIFF

BYTHESEA

92014-

DEL

MAR

92130-

CARM

ELVALLEY

92075-

SOLANA

BEACH

92024-

ENCINITAS

92011-

CARLSBAD

92127-

RANCHOBERN

ARDO

92009-

CARLSBAD

92059-

PALA

92064-

POWAY

92003-

BONSALL

92008-

CARLSBAD

92010-

CARLSBAD

92129-

RANCHO

PENASQUITOS

92128-

RANCHOBERN

ARDO

92029-

ESCONDIDO

92082-

VALLEYCENTER

92078-

SANMA

RCOS

92081-

VIST

A

92026-

ESCONDIDO

92056-

OCEANSID

E

92084-

VIST

A

92028-

FALLBR

OOK

92025-

ESCONDIDO

92069-

SANMA

RCOS

92057-

OCEANSID

E

92054-

OCEANSID

E

92065-

RAMO

NA

92027-

ESCONDIDO

92083-

VIST

A


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Median Home Prices

HomeDexTM

(Percent of San Diego County households

affording median-priced home)

Month/YearNorth San

Diego County

Non-North

San Diego County

North San Diego

County

Non-North

San Diego County

July 2009 $440,000 $335,000 26% 34%

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%

North San Diego County Housing Characteristics


July 2010

Median Price $475,000

Average Price $595,627

Median Price per Square Foot $233

Lowest-Priced Home Sold $105,000

Highest-Priced Home Sold $4,250,000

Number Units Sold 721

Total Sales5 $429,447,077

Median Days on Market 42

Median Square Feet 2,113

Median Number of Bedrooms 4

Median Number of Baths 3

Median Lot Size (sq. feet) 10,000

Median Age (years) of Homes Sold 22


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North San Diego County Zip

Codes

July

2010

Afford-

ability

July

2009

Afford-

ability

July 2010

Median

Price

% Price

Chg. From

July 2009

July

2010

Sold

Listings

Median

Days on

Market

July

2010

Med. Days

on Market

% Chg.

from June

2010

92003 - BONSALL 14% 43% $652,500 111% 4 183 218%

92007 - CARDIFF 3% 8% $1,429,130 72% 4 64 127%

92008 - CARLSBAD 19% 9% $575,000 -21% 7 23 -66%

92009 - CARLSBAD 12% 12% $681,500 4% 42 30 -2%

92010 - CARLSBAD 19% 18% $566,500 1% 12 34 -24%

92011 - CARLSBAD 10% 12% $732,500 12% 23 47 16%

92014 - DEL MAR 6% 3% $1,030,000 -26% 5 63 -40%

92024 - ENCINITAS 8% 10% $885,000 25% 37 33 -13%

92025 - ESCONDIDO 40% 27% $340,750 -21% 22 41 -22%

92026 - ESCONDIDO 35% 35% $386,000 5% 35 42 -34%

92027 - ESCONDIDO 48% 56% $292,500 24% 46 42 1%

92028 - FALLBROOK 38% 37% $360,000 3% 43 67 100%92029 - ESCONDIDO 22% 21% $517,500 2% 11 63 40%

92054 - OCEANSIDE 45% 29% $313,000 -24% 11 21 31%

92056 - OCEANSIDE 35% 42% $380,000 20% 43 29 2%

92057 - OCEANSIDE 45% 42% $314,000 0% 36 28 -18%

92058 - OCEANSIDE 44% - $321,000 - 10 33

92059 - PALA 13% 51% $664,950 153% 2 101 -

92061 - PAUMA VALLEY - - - - 0 - -

92064 - POWAY 13% 18% $657,000 17% 30 50 27%

92065 - RAMONA 47% 40% $300,000 -8% 21 95 67%

92067 - RANCHO SANTA FE 2% 0% $2,100,000 -10% 15 121 41%

92068 - SAN LUIS REY - - - - 0 - -

92069 - SAN MARCOS 41% 32% $335,000 -14% 30 42 22%

92075 - SOLANA BEACH 7% 6% $928,500 -7% 6 73 41%

92078 - SAN MARCOS 30% 21% $425,000 -18% 23 68 134%

92081 - VISTA 33% 37% $397,500 14% 18 29 -59%

92082 - VALLEY CENTER 29% 26% $433,500 -1% 14 31 -20%

92083 - VISTA 56% 55% $243,000 1% 19 44 120%

92084 - VISTA 36% 42% $375,000 18% 21 55 31%

92091 - RANCHO SANTA FE 0% 3% $2,535,000 57% 1 75 -74%

92127 - RANCHO BERNARDO 10% 10% $729,990 4% 37 28 -13%

92128 - RANCHO BERNARDO 22% 20% $530,000 0% 37 37 -8%

92129 - RANCHO

PENASQUITOS 20% 19% $555,000 1% 33 39 34%92130 - CARMEL VALLEY 7% 8% $957,500 13% 33 23 -30%

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


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1The 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 HomeDexTM affordability percentages assume homeowners place 20 percent down and spend no more than a third oftheir income on housing, which in North County during July 2010 required an annual income of $102,059for themedian-priced SFD home an amount earned by 25 percent of San Diego County households.4 Monthly median prices and HomeDexTM 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 $480,746,267 in June 2010 and $470,786,027 in July 2009.


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Single-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.

1 of 7

Single-Family Attached Home Prices

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

decreased 8.82 percent to $246,175 in July 2010 from it highest level sincesummer 2008 of $270,000 in June 2010. Non-North San Diego County SFAhome median price fell 2.44 percent to $200,000 in July 2010 from $205,000 inJune 2010.1

North San Diego County SFA median prices increased 4.76 percent year-overfrom $235,000 in July 2009, the twelfth month of year-over price increasesfollowing 24 months of year-over declines. The Non-North County SFA medianprice declined 1.48 percent year-over from July 2009.

The county-wide SFA home median price decreased 2.27 percent from $220,000

in June 2010 to $215,000 in July 2010, and increased 2.38 percent year-over fromJuly 2009.

The median number of days-on-market for North County SFA homes soldincreased from 38 days in June 2010 to 43 days in July 2010. The averagenumber of days-on-market rose from 63 in June 2010 to 80 in July 2010.2

Median Prices



$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

July2008

August2008

September2008

October2008

November2008

December2008

January2009

Febru

ary2009

March2009

April2009

May2009

June2009

July2009

August2009

September2009

October2009

November2009

December2009

January2010

Febru

ary2010

March2010

April2010

May2010

June2010

July2010



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The number of sold SFA units declined 7.44 percent in July 2010 from June 2010in North San Diego County, and declined 14.33 percent in Non-North County.

Year-over sales fell 10.06 percent from July 2009 in North County and decreased15.2 percent year-over in Non-North County.

SFA listings (active and contingent) in North San Diego County increased to1,725 ending July 2010 from 1,704 ending June 2010. San Diego County SFAlistings (active and contingent) increased from 5,419 at the end of June 2010 to5,448 in July 2010.


Single-Family Attached Homes Sold by Price

0

20

40

60

80

100

120

140


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3 of 7

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 from$1,463 in June 2010 to $1,332 in July 2010. The monthly payment for themedian-priced SFA home in Non-North San Diego County zip codes decreasedfrom $1,111 in June 2010 to $1,074 in July 2010.

The percent of San Diego County households able to afford the median-pricedSFA home increased from 51 percent in June 2010 to 56 percent in July 2010.3The single-family attached home affordability level for Non-North San DiegoCounty zip codes increased to 66 percent in July 2010 from 64 percent in June2010.

56 percent of county households could afford the median-priced SFA home inNorth San Diego County in July 2009 compared to 54 percent in Non-NorthCounty zip codes.

Housing Affordability Percentages


0%

10%

20%

30%

40%

50%

60%

70%

July2008

August2

008

Septe

mber2

008

October2

008

November2

008

Decem

ber2

008

Janu

ary2009

Febr

uary2009

March2

009

April2009

May2009

June2009

July2009

August2

009

Septe

mber2

009

October2

009

November2

009

Decem

ber2

009

Janu

ary2010

Febr

uary2010

March2

010

April2010

May2010

June201

0

July2010



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Single-Family Attached Home Prices and Affordability by North County Zip Codes4


July 2010 Median Prices


$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

92067-

RANCHOSAN

TAFE

92075-

SOLANAB

EACH

92091-

RANCHOSAN

TAFE

92011-

CARLSB

AD

92130-

CARME

LVA

LLEY

92007-

CARDIFF

BYTH

ESEA

92010-

CARLSB

AD

92024-

ENCINITAS

92127-

RANCHO

BERN

ARDO

92008-

CARLSBAD

92009-

CARLSB

AD

92129-

RANCHOPENASQU

ITOS

92078-

SANMA

RCOS

92003-

BONSALL

92054-

OCEAN

SIDE

92064-P

OWAY

92014-

DELMAR

92128-

RANCHO

BERN

ARDO

92069-

SANMA

RCOS

92083-

VISTA

92081-

VISTA

92056-

OCEAN

SIDE

92029-

ESCON

DIDO

92065-

RAM

ONA

92025-

ESCON

DIDO

92084-

VISTA

92057-

OCEAN

SIDE

92026-

ESCON

DIDO

92028-

FALLB

ROOK

92027-

ESCON

DIDO

Housing Affordability

Percentages


July 2010

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

92067-

RANCHO

SANT

AFE

92075-SO

LANA

BEACH

92091-

RANCHO

SANT

AFE

92011-

CARLSBAD

92130-

CAR

MELV

ALLEY

92007-

CARDIF

FBYTHESEA

92010-

CARLSBAD

92024-

ENCINITAS

92127-

RANCH

OBERN

ARDO

92009-

CARLSBAD

92009-

CARLSBAD

92129-

RANCHOP

ENASQUITOS

92078-

SANMA

RCOS

92003

-BONSALL

92054-OCEANSID

E

92064

-POW

AY

92014

-DEL

MAR

92128-

RANCH

OBERN

ARDO

92069-

SANMA

RCOS

92083-

VIST

A

92081-

VIST

A

92056-OCEANSID

E

92029-ESCONDIDO

92065

-RAM

ONA

92025-ESCONDIDO

92084-

VIST

A

92057-OCEANSID

E

92026-ESC

ONDIDO

92028-FALLBRO

OK

92027-ESC

ONDIDO


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5 of 7

SFA Median Home Prices HomeDex Single-Family Attached Homes

Month/Year

North San Diego

County

Non-North

San Diego County

North San Diego

County

Non-North

San Diego County

July 2009 $235,000 $203,000 56% 54%

August 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%

North San Diego County Housing Characteristics


July 2010

Median Price $246,175Average Price $289,407

Median Price per Square Foot $218

Lowest-Priced Home Sold $65,500

Highest-Priced Home Sold $1,075,000

Number Units Sold 286

Total Sales5 $82,770,290

Median Days on Market 43

Median Square Feet 1,178Median Number of Bedrooms 2

Median Number of Baths 2

Median Age (years) of Homes Sold 25


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Codes

July

2010

Afford-

ability6

July

2009

Afford-

ability

July 2010

Median

Price

% Price

Chg. From

July 2009

July 2010

Sold

Listings

Median

Days on

Market

July 2010

Median

Days on

Market %

Chg. from

June 2010

92003 - BONSALL 53% 83% $265,585 137% 2 50 -

92007 - CARDIFF 29% 26% $434,000 -1% 4 44 -39%

92008 - CARLSBAD 39% 31% $347,500 -13% 6 77 25%

92009 - CARLSBAD 41% 43% $337,000 9% 19 71 5%

92010 - CARLSBAD 34% 37% $390,500 13% 4 16 -87%

92011 - CARLSBAD 25% 31% $475,000 18% 9 74 85%

92014 - DEL MAR 56% 16% $244,090 -59% 6 24 -23%

92024 - ENCINITAS 38% 32% $356,000 -9% 7 8 -89%

92025 - ESCONDIDO 76% 79% $152,000 17% 8 64 11%

92026 - ESCONDIDO 80% 75% $133,000 -11% 16 56 258%

92027 - ESCONDIDO 84% 88% $109,250 28% 4 61 165%

92028 - FALLBROOK 82% 67% $119,900 -35% 3 160 154%92029 - ESCONDIDO 72% - $172,000 - 1 4 -38%

92054 - OCEANSIDE 53% 45% $264,000 -12% 14 69 294%

92056 - OCEANSIDE 72% 66% $172,135 -9% 14 98 100%

92057 - OCEANSIDE 77% 78% $145,000 7% 27 21 -28%

92058 - OCEANSIDE 73% - $164,950 - 10 123

92059 - PALA - - - - 0 - -

92061 - PAUMA VALLEY - - - - 0 - -

92064 - POWAY 56% 68% $247,450 38% 2 44 -44%

92065 - RAMONA 73% 83% $166,500 51% 3 132 89%

92067 - RANCHO SANTA FE 9% - $800,000 - 3 90 -

92068 - SAN LUIS REY - - - - 0 - -

92069 - SAN MARCOS 69% 80% $182,500 44% 10 42 6%

92075 - SOLANA BEACH 14% 21% $650,000 26% 8 78 333%92078 - SAN MARCOS 49% 39% $286,000 -14% 19 29 -44%

92081 - VISTA 72% 73% $172,500 9% 4 139 1164%

92082 - VALLEY CENTER - - - - 0 - -

92083 - VISTA 70% 81% $182,000 55% 5 28 -46%

92084 - VISTA 77% 74% $145,000 -5% 7 28 367%

92091 - RANCHO SANTA FE 21% 12% $535,000 -18% 3 44 -

92127 - RANCHO BERNARDO 39% 47% $350,000 23% 19 39 59%

92128 - RANCHO BERNARDO 57% 51% $241,175 -7% 28 61 205%

92129 - RANCHOPENASQUITOS 45% 51% $315,000 20% 12 49 33%

92130 - CARMEL VALLEY 28% 26% $449,000 2% 19 35 6%


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7 of 7

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 HomeDexTM affordability percentages assume homeowners place 20 percent down and spend no morethan a third of their income on housing, which in North County during July 2010 required an annualincome of $52,894for the median-priced SFA home an amount earned by 56 percent of San DiegoCounty households.4 Monthly median prices and HomeDexTM 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.5June 2010 total SFA sales were $97,258,532 and $81,569,005 in July 2009 for North San Diego County.6 See footnote 3.


19/21

North San Diego County HomeDexTMForeclosure Activity Report Ending July 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.


Codes

Number of Pre-

Foreclosure

Properties1

ending

July 2010

% Chg. from

Pre-Foreclosures

ending June

2010

Number of Bank-

Owned ending

July 2010

% Chg. from

Bank-Owned

ending June

2010

92003 - BONSALL 15 -25.00% 47 -7.84%92007 - CARDIFF 20 -4.76% 9 -18.18%

92008 - CARLSBAD 48 0.00% 40 -18.37%

92009 - CARLSBAD 117 -2.50% 104 35.06%

92010 - CARLSBAD 30 -16.67% 55 -17.91%

92011 - CARLSBAD 39 5.41% 22 -12.00%

92014 - DEL MAR 24 -17.24% 10 0.00%

92024 - ENCINITAS 86 -13.13% 54 -26.03%

92025 - ESCONDIDO 107 -6.96% 180 -8.16%

92026 - ESCONDIDO 132 -13.73% 120 -19.46%

92027 - ESCONDIDO 158 -9.71% 113 -17.52%

92028 - FALLBROOK 127 -20.13% 145 -9.38%92029 - ESCONDIDO 46 -8.00% 33 -13.16%

92054 - OCEANSIDE 94 2.17% 71 -23.66%

92056 - OCEANSIDE 146 -9.32% 109 -18.05%

92057 - OCEANSIDE 207 -4.17% 122 -18.67%

92059 - PALA 2 -33.33% 9 28.57%

92061 - PAUMA VALLEY 12 9.09% 14 7.69%

92064 - POWAY 110 -9.09% 61 -10.29%

92065 - RAMONA 95 -8.65% 144 4.35%

92067 - RANCHO SANTA FE 17 0.00% 25 -16.67%

92068 - SAN LUIS REY 0 - 0 -

92069 - SAN MARCOS 151 -10.12% 106 -13.11%

92075 - SOLANA BEACH 15 -11.76% 18 -30.77%

92078 - SAN MARCOS 129 -1.53% 65 -7.14%

92081 - VISTA 55 -16.67% 43 -18.87%

92082 - VALLEY CENTER 65 8.33% 87 -3.33%

92083 - VISTA 100 -9.09% 79 -17.71%

92084 - VISTA 118 -4.07% 86 -18.87%

92091 - RANCHO SANTA FE 6 -14.29% 3 -25.00%92127 - RANCHO

BERNARDO 91 -9.00% 76 -3.80%92128 - RANCHO

BERNARDO 94 -8.74% 56 -5.08%92129 - RANCHO

PENASQUITOS 96 -11.11% 45 -22.41%

92130 - CARMEL VALLEY 65 -10.96% 59 -4.84%

TOTALS 2,617 -8.27% 2,210 -11.60%


20/21

North San Diego County HomeDexTMForeclosure Activity Report Ending July 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 offoreclosure

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); datareported 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.


21/21

Carsbad Service Center

6183 Paseo Del Norte, Ste. 150Carlsbad, CA 92009

Phone: (760) 929-2100Fax: (760) 929-2115

Carmel Valley Service Center

12707 High Bluff Drive, Suite 125San Diego, CA 92130

Phone: (858) 350-1600

Fax: (858) 350-0380

Fallbrook Service Center126 West Beech

Fallbrook, CA 92028

Phone: (760) 728-5811Fax: (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 Center906 Sycamore Ave., Suite 104

Vista, CA 92081

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

Documents

Home Dex Report- July 2010 Statistics