HomeDex Key Points January 2015 Data

(1)

(2)

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®

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name and/or its contents in any printed materials, website or other media

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®

.

Failure to do so will result in revoking permission to use the HomeDex™ name

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Direct written requests for permission, together with a brief description of how the

name and contents would be used, to Lynn Sullivan, NSDCAR Communications

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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 [email protected]; phone #

(760)750-4196 or to NSDCAR Communications Director, Lynn Sullivan, at

[email protected]

; phone # (760) 734-3971.

(3)

January 2015 Data

1. The median price for all North County home sales – attached and detached – remained at $510,000 in

January 2015.

a.

Detached homes in North County remained at $575,000 in January 2015, but was up 0.97

percent year-over compared to $569,500 in January 2014. Year-over median SFD prices have

increased each month since summer 2012.

b.

i.

Detached home prices OUTSIDE North County increased 2.22 percent to $460,000

in January 2015 compared to $450,000 in December 2014. Year-over non-North

County median price increased 6.73 percent compared to $431,000 in January 2014,

continuing 33-months of year-over median price increases.

b.

Attached home prices in North County increased by 1.13 percent to $343,000 in January

2015 compared to $339,154 in December 2014. Year-over SFA North San Diego County

median price increased 1.78 percent, compared to $337,000 in January 2014, continuing 36

straight months of year over price increases.

i.

Non-North County attached home prices decreased 1.49 percent to $325,000 in

January 2015 compared to $329,900 in December 2014. Year-over non-North

County SFA median price increased 14.04 percent, compared to 285,000 in January

2014.

c.

The number of North San Diego SFD listings (active and contingent) increased 0.44 percent

in January 2015 compared to December 2014, and increased 6.69 percent year-over

compared to January 2014.

The number of sold North San Diego County SFD units dropped 33.12 percent in January

2015 compared to December 2014. Year-over sold SFD units decreased 0.19 percent

compared to January 2014.

i.

Median days-on-market for single-family detached homes sold in North County

increased to 40 days in January 2015 compared to 30 days in December 2014.

d.

The HomeDex affordability percentage for all homes in North San Diego County – attached

and detached remained at 33 percent in January 2015 compared to December 2014.

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Single-Family Detached Home Prices by Region of San Diego County

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

increased one percent, from $500,000 in December 2014 to $505,000 in January

2015, and increased 6.32 percent year-over from January 2014.

1

• North San Diego County SFD median price remained at $575,000 in January

2015, and increased 0.97 percent year-over from January 2014. East San Diego

County median SFD home price increased 2.47 percent, from $405,000 in

December 2014 to $415,000 in January 2015, and increased 8.21 percent

year-over from January 2014. South County median SFD price increased 5.45 percent,

from $412,500 in December 2014 to $435,001 in January 2015, and increased

1.43 percent year-over from January 2014. San Diego Metro median SFD price

increased 1.43 percent, to $551,500 in January 2015 from $543,750 in December

2014, and increased 8.14 percent year-over from January 2014.

(5)

• The number of SFD homes sold in San Diego County dropped 28.93 percent from

December 2014 to January 2015, but year-over sold SFD units increased 1.85

percent compared to January 2014.

• North San Diego County sold SFD units fell 33.12 percent from December 2014

to January 2015, and decreased 0.19 percent year-over compared to January 2014.

East San Diego County sold SFD units dropped 34.95 percent in January 2015

from December 2014. South San Diego County SFD units dropped 9.55 percent

from December 2014 to January 2015, and increased 16.67 percent year-over

from January 2014. San Diego Metro sold SFD units decreased 25.23 percent

from December 2014 to January 2015, and declined 0.90 percent year-over

compared to January 2014.

(6)

Housing Affordability in San Diego County – Single-Family Detached Homes

• The percent of San Diego County households able to afford the county’s

median-priced SFD home was at 33 percent in January 2015, according to HomeDex

TM

affordability index.

2

• The North San Diego County affordability percentage remained at 28 percent in

January 2015. The East County affordability level decreased to 43 percent in

January 2015 from 44 percent in December 2014. South San Diego County

affordability decreased to 41 percent in January 2015, from 43 percent in

December 2014. San Diego Metro affordability was at 30 percent in January

2015.

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Median Prices

Percent of Households

Affording Median-Priced

Home

January

2015

January

2014

Percent

change

January

2015

January

2014

North County

$575,000

$569,500

0.97%

28%

26%

East County

$415,000

$383,500

8.21%

43%

41%

South County

$435,001

$400,000

8.75%

41%

Metro Area

$551,500

$510,000

8.14%

30%

28%

All of San Diego

County

$505,000

$475,000

6.32%

33%

31%

San Diego County Housing Characteristics

Single-Family Detached Homes – January 2015

North County East County Metro Area South County

Median Price

$575,000

$415,000

$551,500

$435,001

Average Price

$784,075

$438,249

$777,479

$447,358

Median Price per

Square Foot

$271

$243

$373

$242

Lowest-Priced Home Sold

$210,000

$75,000

$199,000

$120,000

Highest-Priced Home Sold

$8,500,000

$1,351,000

$6,050,000

$885,000

Number Units Sold

517

201

332

161

Total Sales

$405,366,572

$88,087,964

$258,122,974

$72,024,578

Median Days on Market

40

37

32

37

Median Square Feet

2,188

1,645

1,528

1,775

Median Number of Bedrooms

4

3

4

Median Number of Baths

3

2

3

Median Lot Size

(square feet)

10,177

9,583

6,900

6,987

Median Age of

(8)

North San Diego County Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. From Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 92003 - BONSALL 12% 9% $872,500 -13% 4 107 223% 92007 - CARDIFF 11% 4% $948,300 -43% 4 41 212% 92008 - CARLSBAD 13% 14% $824,000 11% 9 42 35% 92009 - CARLSBAD 12% 14% $872,313 18% 26 31 -2% 92010 - CARLSBAD 14% 12% $724,500 -2% 6 65 306% 92011 - CARLSBAD 14% 12% $760,000 -6% 13 17 -55% 92014 - DEL MAR 5% 3% $1,428,000 -22% 7 75 -39% 92024 - ENCINITAS 6% 7% $1,215,904 11% 27 25 -31% 92025 - ESCONDIDO 31% 29% $530,000 2% 13 55 104% 92026 - ESCONDIDO 39% 42% $449,750 13% 16 41 95% 92027 - ESCONDIDO 48% 46% $370,000 3% 29 47 57% 92028 - FALLBROOK 31% 38% $535,000 23% 27 57 3% 92029 - ESCONDIDO 28% 38% $573,000 32% 9 53 77% 92054 - OCEANSIDE 24% 28% $635,000 18% 7 70 106% 92056 - OCEANSIDE 34% 41% $493,669 22% 24 29 38% 92057 - OCEANSIDE 38% 40% $465,000 13% 32 38 7% 92058 - OCEANSIDE 43% - $430,000 - 8 43 - 92059 - PALA - - - - 0 - - 92061 - PAUMA VALLEY - - - - 0 - - 92064 - POWAY 30% 27% $550,000 -1% 24 33 3% 92065 - RAMONA 44% 40% $402,500 -3% 30 55 -16% 92067 - RANCHO SANTA FE 0% 0% $2,942,000 -8% 16 142 42%

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

92069 - SAN MARCOS 37% 38% $470,000 9% 18 35 46% 92075 - SOLANA BEACH 5% 9% $1,532,742 53% 4 117 117% 92078 - SAN MARCOS 24% 22% $629,750 1% 26 10 -66% 92081 - VISTA 36% 37% $481,000 8% 15 40 38% 92082 - VALLEY CENTER 32% 34% $519,250 12% 12 54 -32% 92083 - VISTA 44% 45% $402,000 9% 14 22 -23% 92084 - VISTA 43% 36% $416,000 -8% 25 21 -34% 92091 - RANCHO SANTA FE 4% 10% $1,910,000 103% 4 163 167% 92127 - RANCHO BERNARDO 12% 12% $913,500 8% 28 34 -29% 92128 - RANCHO BERNARDO 28% 22% $579,500 -7% 20 32 58% 92129 - RANCHO PENASQUITOS 22% 22% $655,000 6% 16 25 23% 92130 - CARMEL VALLEY 8% 6% $1,130,500 -2% 12 44 52%

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East San Diego County Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. From Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 91901 - ALPINE 28% 33% $570,000 24% 7 14 -48% 91905 - BOULEVARD - - - - 0 - - 91906 – CAMPO 71% 81% $223,000 49% 3 67 458% 91916 - DESCANSO - - - - 0 - - 91917 - DULZURA - 40% - - 0 - - 91931 - GUATAY - - - - 0 - - 91934 – JACUMBA 91% - $110,000 - 1 106 47% 91935 - JAMUL 26% 15% $600,000 -15% 7 37 147% 91941 - LA MESA 31% 29% $535,000 5% 18 27 8% 91942 - LA MESA 43% 39% $410,000 0% 21 34 42% 91945 - LEMON GROVE 45% 48% $395,000 17% 18 25 39% 91948 - MOUNT LAGUNA - - - - 0 - - 91962 - PINE VALLEY - 53% - - 0 - - 91963 - POTRERO 67% - $245,000 - 1 202 - 91977 - SPRING VALLEY 46% 50% $385,000 18% 22 31 7% 91978 - SPRING VALLEY 40% 33% $445,000 -3% 9 39 -63% 91980 - TECATE - - - - 0 - - 92004 - BORREGO SPRINGS 82% 77% $165,000 -6% 3 50 -23% 92019 - EL CAJON 41% 38% $430,000 4% 17 49 44% 92020 - EL CAJON 45% 44% $397,500 10% 17 31 19% 92021 - EL CAJON 42% 41% $424,500 9% 16 50 108% 92036 - JULIAN 70% 79% $230,000 39% 5 155 45% 92040 - LAKESIDE 41% 38% $430,450 4% 12 40 48% 92066 - RANCHITA - - - - 0 - - 92070 - SANTA YSABEL - - - - 0 - - 92071 - SANTEE 42% 41% $420,000 8% 24 23 -10% 92086 - WARNER SPRINGS - 48% - - 0 - -

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South San Diego County Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. From Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 91902 - BONITA 24% 27% $632,000 15% 14 54 91% 91910 - CHULA VISTA 44% 44% $405,000 8% 17 20 25% 91911 - CHULA VISTA 46% 44% $389,500 3% 24 33 6% 91913 - CHULA VISTA 38% 35% $460,000 0% 25 33 27% 91914 - CHULA VISTA 26% 20% $598,000 -8% 14 67 6% 91915 - CHULA VISTA 36% 30% $482,500 -7% 20 53 130% 91932 - IMPERIAL BEACH 45% 41% $400,000 -2% 7 41 215% 91950 - NATIONAL CITY 56% 56% $313,500 5% 16 37 4% 92154 - OTAY MESA 49% 49% $360,000 6% 21 34 21% 92173 - SAN YSIDRO 51% 46% $350,000 -3% 3 27 -10%

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Metro San Diego Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. From Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 92037 - LA JOLLA 5% 3% $1,594,000 -7% 28 48 -14% 92093 – LA JOLLA 10% 9% - - 0 - - 92101 - SAN DIEGO DOWNTOWN 10% 9% $1,000,000 5% 1 0 -

92102 - SAN DIEGO GOLDEN

HILL 57% 36% $310,000 -28% 11 11 -39%

92103 - MISSION

HILLS-HILLCREST-MIDTOWN 13% 9% $865,880 -7% 10 76 347%

92104 - NORTH PARK 25% 21% $612,500 0% 13 42 110%

92105 - EAST SAN DIEGO 57% 58% $309,000 14% 9 17 -50%

92106 - POINT LOMA 13% 11% $960,000 5% 13 44 57% 92107 - OCEAN BEACH 13% 11% $863,250 1% 10 56 75% 92108 - MISSION VALLEY 15% 27% $750,000 43% 1 199 503% 92109 - PACIFIC BEACH 12% 12% $912,500 14% 16 22 -17% 92110 - OLD TOWN 19% 19% $695,000 8% 6 33 150% 92111 - LINDA VISTA 35% 31% $490,000 3% 12 38 46% 92113 - LOGAN HEIGHTS 62% 52% $274,000 -12% 8 24 -22% 92114 - ENCANTO 55% 52% $320,000 3% 28 26 -9% 92115 - SAN DIEGO 43% 41% $417,500 7% 19 36 20% 92116 - NORMAL HEIGHTS 31% 34% $534,750 19% 12 34 16% 92117 - CLAIREMONT MESA 34% 33% $494,000 6% 20 36 157% 92118 - CORONADO 4% 5% $1,824,000 46% 10 29 159% 92119 - SAN CARLOS 31% 30% $535,000 9% 11 38 41% 92120 - DEL CERRO 32% 26% $523,000 -4% 14 34 42% 92121 – SORRENTO VALLEY 20% 11% $686,000 -17% 2 75 91% 92122 - UNIVERSITY CITY 14% 12% $775,000 3% 10 19 -42% 92123 - MISSION VALLEY 33% 32% $504,500 7% 20 20 -15% 92124 - TIERRASANTA 23% 29% $641,500 30% 11 40 38% 92126 - MIRA MESA 36% 33% $482,500 5% 22 29 93% 92131 - SCRIPPS MIRAMAR 13% 12% $843,000 5% 10 39 144% 92139 - PARADISE HILLS 55% 51% $325,000 3% 5 40 208%

1_{The median is the middle-priced home sold; half the homes sold for more than the median, half for less.} 2_HomeDexTM_{affordability percentages assume homeowners place 20 percent down and spend no more}

than a third of their income on housing (i.e., percent of San Diego County households that can “afford” the median-priced SFD home, assuming homeowners place 20 percent down and spend no more than a third of their income on housing at the prevailing monthly interest rates.) Percentages are rounded.

(12)

Single-Family Attached Home Prices by Region of San Diego County

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

increased 0.61 percent, from $330,000 in December 2014 to $332,000 in January

2015. The median SFA price increased 8.85 percent year-over, compared to

$305,000 in January 2014.

1

• The North San Diego County monthly median SFA home price increased 1.13

percent, from $339,154 in December 2014 to $343,000 in January 2015, and

increased 1.78 percent year-over from January 2014. The SFA median price in

East San Diego County declined 0.44 percent, from $225,000 in December 2014

to $224,000 in January 2015, and increased 11.44 percent year-over compared to

January 2014. South County median SFA price increased 4.64 percent, from

$280,000 in December 2014 to $293,000 in January 2015, and increased 18.65

percent year-over compared to January 2014. The San Diego Metro SFA median

price decreased 2.63 percent, to $370,000 in January 2015 from $380,000 in

December 2014, and increased 13.85 percent year-over compared to January

2014.

(13)

• The number of SFA homes sold countywide dropped 31.31 percent from

December 2014 to January 2015, and dropped 17.04 percent year-over compared

to January 2014.

• The number of North San Diego County sold SFA units declined 27.27 percent in

January 215 from December 2104, and declined 9.09 percent year-over compared

to January 2014. East San Diego County SFA sold units dropped 47.25 from

December 2014 to January 2015, and 25 percent compared to January 2014.

South San Diego County sold SFA units decreased 29.63 percent from December

2014 to January 2015, and decreased 22.97 percent year-over compared to

January 2014. San Diego Metro SFA sold units decreased 30.75 percent from

December 2014 to January 2015, and decreased 19.61 percent year-over

compared to January 2014.

(14)

Housing Affordability in San Diego County – Single-Family Attached Homes

• The percent of San Diego County households able to afford the median-priced

SFA home in the county was at 54 percent in January 2015, according to the

HomeDex

TM

affordability index.

2

• North San Diego County affordability remained at 52 percent in January 2015.

East San Diego County affordability increased, from 70 percent December 2014

to 71 percent in January 2015. South County SFA affordability decreased, from

61 percent in December 2014 to 59 percent in January 2015. The San Diego

Metro area affordability was 48 percent in January 2015.

(15)

Median Prices

Percent of Households Affording

Median-Priced Home

January

2015

January

2014

Percent

change

January 2015

January 2014

North County

$343,000

$337,000

1.78%

52%

50%

East County

$224,000

$201,000

11.44%

71%

73%

South County

$293,000

$246,950

18.65%

59%

63%

Metro Area

$370,000

$325,000

13.85%

48%

46%

All of San Diego

County

$332,000

$305,000

8.85%

54%

50%

San Diego County Housing Characteristics

Single-Family Attached Homes – January 2015

North County

East County

Metro Area

South County

Median Price

$343,000

$224,000

$370,000

$293,000

Average Price

$391,398

$225,738

$478,254

$281,560

Median Price per

Square Foot

$290

$214

$341

$223

Lowest-Priced

Home Sold

$86,650

$39,000

$92,600

$102,000

Highest-Priced

Home Sold

$1,450,000

$386,000

$2,350,000

$480,000

Number Units

Sold

200

48

250

57 Total Sales

$78,279,555

$10,835,400

$119,563,421

$16,048,900

Median Days on

Market

31

23

41

46 Median Square

Feet

1,204

1,036

1,177

1,304

Median Number of

Bedrooms

2

3 Median Number of

Baths

2

3 Median Age of

(16)

North San Diego County Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 92003 - BONSALL - 59% - - 0 - - 92007 - CARDIFF 32% 21% $525,000 -18% 3 15 200% 92008 - CARLSBAD 27% 24% $589,000 0% 3 33 10% 92009 - CARLSBAD 45% 40% $400,000 -4% 14 15 -57% 92010 - CARLSBAD 41% 43% $432,500 11% 3 35 -3% 92011 - CARLSBAD 28% 32% $577,500 18% 8 90 105% 92014 - DEL MAR 14% 13% $791,000 1% 5 2 -89% 92024 - ENCINITAS 47% 32% $375,000 -23% 7 5 -81% 92025 - ESCONDIDO 78% 72% $189,000 -8% 5 76 49% 92026 - ESCONDIDO 68% 77% $240,000 33% 9 43 -37% 92027 - ESCONDIDO 74% 74% $208,750 6% 10 21 -2% 92028 - FALLBROOK 62% 63% $275,500 12% 2 183 68% 92029 - ESCONDIDO - - - - 0 - - 92054 - OCEANSIDE 41% 31% $435,000 -13% 18 29 0% 92056 - OCEANSIDE 61% 61% $280,000 8% 13 45 41% 92057 - OCEANSIDE 72% 70% $220,000 2% 13 52 148% 92058 - OCEANSIDE 74% - $207,000 - 7 54 - 92059 - PALA - - - - 0 - - 92061 - PAUMA VALLEY - 54% - - 0 - - 92064 - POWAY 43% 48% $416,000 19% 1 6 -81% 92065 - RAMONA 79% 72% $187,000 -9% 2 70 - 92067 - RANCHO SANTA FE - - - - 0 - -

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

92069 - SAN MARCOS 77% 69% $193,700 -12% 2 52 43% 92075 - SOLANA BEACH 15% 14% $750,000 2% 4 17 -73% 92078 - SAN MARCOS 57% 52% $305,000 -5% 11 50 108% 92081 - VISTA 65% 70% $250,000 17% 4 22 65% 92082 - VALLEY CENTER - - - - 0 - - 92083 - VISTA 74% 73% $208,000 5% 1 110 162% 92084 - VISTA - 61% - - 0 - - 92091 - RANCHO SANTA FE 18% - $710,000 - 1 115 44% 92127 - RANCHO BERNARDO 46% 54% $386,500 27% 12 39 10% 92128 - RANCHO BERNARDO 51% 53% $352,000 12% 25 22 -37% 92129 - RANCHO PENASQUITOS 58% 55% $299,000 0% 8 32 -7% 92130 - CARMEL VALLEY 41% 39% $434,500 4% 16 35 46%

(17)

East San Diego County Zip Codes Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 91901 - ALPINE 70% 74% $227,000 15% 1 4 -33% 91905 - BOULEVARD - - - - 0 - - 91906 – CAMPO - - - - 0 - - 91916 - DESCANSO - - - - 0 - - 91917 - DULZURA - - - - 0 - - 91931 - GUATAY - - - - 0 - - 91934 – JACUMBA - - - - 0 - - 91935 - JAMUL - - - - 0 - - 91941 - LA MESA 73% 63% $212,500 -15% 2 71 171% 91942 - LA MESA 64% 65% $260,500 9% 8 17 -11% 91945 - LEMON GROVE 73% - $215,000 - 3 25 - 91948 - MOUNT LAGUNA - - - - 0 - - 91962 - PINE VALLEY - - - - 0 - - 91963 - POTRERO - - - - 0 - - 91977 - SPRING VALLEY 67% 83% $243,000 68% 3 56 47% 91978 - SPRING VALLEY - 67% - - 0 - - 91980 - TECATE - - - - 0 - - 92004 - BORREGO SPRINGS 97% 90% $67,001 -33% 3 7 - 92019 - EL CAJON 69% 67% $233,500 2% 6 22 -48% 92020 - EL CAJON 84% 82% $151,724 -2% 5 46 130% 92021 - EL CAJON 77% 78% $192,000 10% 3 65 171% 92036 - JULIAN - - - - 0 - - 92040 - LAKESIDE 88% 81% $128,000 -19% 3 11 -65% 92066 - RANCHITA - - - - 0 - - 92070 - SANTA YSABEL - - - - 0 - - 92071 - SANTEE 62% 61% $275,000 5% 11 27 13% 92086 - WARNER SPRINGS - - - - 0 - -

(18)

South San Diego County Zip

Codes

Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 91902 - BONITA 71% 61% $225,000 -14% 1 13 - 91910 - CHULA VISTA 59% 69% $292,500 33% 8 28 10% 91911 - CHULA VISTA 71% 68% $225,000 0% 5 28 65% 91913 - CHULA VISTA 55% 58% $322,500 16% 13 46 59% 91914 - CHULA VISTA 61% 57% $277,500 -3% 4 67 34% 91915 - CHULA VISTA 53% 56% $335,000 14% 10 55 57% 91932 - IMPERIAL BEACH 62% 82% $273,000 78% 6 74 139% 91950 - NATIONAL CITY 70% 85% $227,500 67% 4 55 -11% 92154 - OTAY MESA 65% 62% $250,000 -2% 1 15 -17% 92173 - SAN YSIDRO 79% 79% $185,000 9% 5 49 63%

(19)

San Diego Metro Zip Codes

Jan. 2015 Afford-ability Jan. 2014 Afford-ability Jan. 2015 Median Price % Price Chg. Jan. 2014 Jan. 2015 Sold Listings Median Days on Market Jan. 2015 Med. Days on Market % Chg. from Dec. 2014 92037 - LA JOLLA 27% 33% $583,500 27% 22 62 86% 92093 – LA JOLLA - - - - 0 - - 92101 - SAN DIEGO DOWNTOWN 32% 41% $520,000 33% 45 43 -4%

92102 - SAN DIEGO GOLDEN

HILL 80% 62% $177,500 -28% 2 110 123%

92103 - MISSION

HILLS-HILLCREST-MIDTOWN 45% 41% $393,750 2% 12 27 47%

92104 - NORTH PARK 53% 58% $333,000 24% 8 29 -19%

92105 - EAST SAN DIEGO 80% 86% $179,500 48% 2 101 40%

92106 - POINT LOMA 41% 22% $429,000 -29% 1 22 69% 92107 - OCEAN BEACH 34% 42% $497,000 31% 3 14 -56% 92108 - MISSION VALLEY 62% 60% $270,875 4% 21 39 26% 92109 - PACIFIC BEACH 28% 28% $578,750 12% 14 50 5% 92110 - OLD TOWN 56% 51% $317,000 0% 9 62 82% 92111 - LINDA VISTA 48% 43% $370,000 -1% 11 31 24% 92113 - LOGAN HEIGHTS - 72% - - 0 - - 92114 - ENCANTO 59% 87% $295,000 157% 1 12 - 92115 - SAN DIEGO 68% 80% $238,000 54% 7 16 -45% 92116 - NORMAL HEIGHTS 54% 61% $330,500 31% 4 27 -30% 92117 - CLAIREMONT MESA 46% 54% $333,500 20% 8 37 76% 92118 - CORONADO 5% 5% $1,194,975 4% 8 15 -79% 92119 - SAN CARLOS 59% 64% $251,250 14% 4 57 -1% 92120 - DEL CERRO 48% 69% $326,250 65% 7 43 79% 92121 – SORRENTO VALLEY 32% 47% $450,000 41% 1 118 87% 92122 - UNIVERSITY CITY 39% 46% $382,500 16% 18 33 -34% 92123 - MISSION VALLEY 54% 63% $284,000 26% 6 17 -15% 92124 - TIERRASANTA 42% 40% $360,000 -1% 9 43 16% 92126 - MIRA MESA 54% 56% $282,300 7% 11 20 -5% 92131 - SCRIPPS MIRAMAR 38% 37% $395,000 1% 9 50 178% 92139 - PARADISE HILLS 52% 71% $299,500 59% 7 36 177%

1_{Median is the middle-priced home sold: Half the homes sold for more than the median, half sold for less}

.

2_HomeDexTM_{assumes homeowners place 20 percent down and spend no more than a third of their income}

on housing for the median-priced home (i.e., percent of San Diego County households that can “afford” the median-priced SFD home, assuming homeowners place 20 percent down and spend no more than a third of their income on housing at prevailing monthly interest rates.) Affordability percentages are rounded.

(20)

Carlsbad Service Center

6183 Paseo Del Norte, Ste. 150

Carlsbad, CA 92009

Phone: (760) 929-2100

Fax: (760) 929-2115

Carmel Valley Service Center

12250 El Camino Real, Suite 118

San Diego, CA 92130

Phone: (858) 350-1600

Fax: (858) 350-0380

Fallbrook Service Center

126 West Beech

Fallbrook, CA 92028

Phone: (760) 728-5811

Fax: (760) 728-0646

Escondido Service Center

1802 S. Escondido Blvd., Suite E

Escondido, CA 92025

Phone: (760) 745-2299

Fax: (760) 745-3842

Vista Administrative Offices &

Service Center

906 Sycamore Ave., Suite 104

Vista, CA 92081

Phone: (760) 734-3971

Fax: (760) 734-3976