September was an interesting month in real estate for North County. Here’s some of the latest figures for September 2010 compared to August 2010 & also compared to a year ago in September 2009.
- Detached homes increased by 2% in sales price. Median price for August $385k vs September $395k
- Median Days on market increased by 2% from 48 days to 52 days. (median combing all sales)
- Average Days on market increased from 76 days to 80 days.
- The number of homes sold decreased by 1% from August 2010 to September 2010.
North County experienced appreciation for a consecutive 13 months but the last couple of months have been modest. The median price per square foot fell from $225 to $223 BUT even though the numbers fell, it’s up by 4% from September 2009.
The Affordability remains somewhat low in North County with about 35% of the population being able to afford the housing.
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