HomeDex Report

8/9/2019 HomeDex Report

1/21

$

North San Diego CountyAssociation of REALTORS

North Count y

J une 201 0 REPORT

May 2010 Statistics

NNoorrtthhSSaannDDiieeggooCCoouunnttyy

HHoommeeDDeexx TTMM

HomeDex is an exclusive NSDCAR member benefit


2/21

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


3/21

HomeDex Key PointsMay 2010 Data

1. The median price for all North County home sales attached and detached increased 4.05 percentin May 2010 from April 2010, to $404,000.a. Detached homes in North County rose 0.42 percent from $474,500 in April 2010 to

$476,500 in May 2010.

i. Detached home prices OUTSIDE North County remained at $350,000 in May 2010.

ii. Year-over median single-family detached homes in North San Diego Countyincreased 20 percent, from $397,000 in May 2009, the tenth straight month of year-over price increases. The year-over median price OUTSIDE North County for single-family homes rose 11.11 percent from $315,000 a year ago, continuing eight straight

months of year-over increases.

iii. The countywide median SFD price of homes sold increased from $390,000 in April2010 to $391,500 in May 2010, and increased 13.23 percent from the May 2009number for the ninth month of year-over price increases countywide.

b. Attached home prices in North County increased during May 2010 by 11.92 percent, from$241,250 a month earlier to $270,000.

i. Non-North County attached home prices increased to $230,000 in May 2010 from$215,500 in April 2010.

ii. North County attached homes increased 25% from $216,000 a year ago; a ten monthtrend of year-over price increases.

c. Median days-on-market for single-family detached homes in North County was 34 days inMay 2010. The number of North County single-family homes sold increased 21 percent lastmonth, from 729 to 882. Sold units increased 13.22 percent year-over from May 2009.

###


4/21

North San Diego County HomeDexTMMay 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 increased from $388,250 in April 2010 to$404,000 in May 2010.1

The median-priced single-family detached (SFD) home in North San DiegoCounty increased 0.42 percent from $474,500 in April 2010 to $476,500 in May2010; this is the fourth month that median prices have risen and the highestmedian price reported since summer 2008. The SFD median price in Non-NorthCounty zip codes remained at $350,000 in May 2010.

Year-over median SFD price in North San Diego County increased 20 percentfrom $397,000 in May 2009, the tenth straight month of year-over price increases.

Year-over median price rose 11.11 percent in Non-North County from $315,000in May 2009, the eighth straight month of year-over increases.

The countywide median SFD price increased 0.38 percent from $390,000 in April2010 to $391,500 in May 2010, and increased 13.23 percent year-over from May2009 for the ninth month of year-over price increases countywide.


5/21




2 of 8

The median days-on-market for North San Diego County SFD homes sold was 34days in May 2010. The average number of days-on-market was 66 in May 2010.2

The SFD median price-per-square foot increased to $234 in May 2010 from $230in April 2010, an increase of 18.75 percent year-over from May 2009 makingseven straight months of year-over increases in median price-per-square foot(following over two years of price declines). The May 2010 median-per-squarefoot was the highest reported since summer 2008.


6/21




3 of 8

There were 4,510 (active and contingent) SFD listings in North San Diego County

ending May 2010, a six percent increase from April 2010.

There were 9,457 (active and contingent) listings in San Diego County endingMay 2010, a 6.93 percent increase from April 2010.

The number of North San Diego County SFD units sold increased 21 percent to882 in May 2010 from 729 in April 2010. Sold units increased 13.22 percentyear-over from May 2009, continuing a trend of year-over sales increases sincesummer 2008 (with the exceptions of year-over decreases in January 2010 andOctober 2009).

Total sales volume increased 23.53 percent year-over from May 2009, makingfour consecutive months of year-over increases of around 20 percent or more.


7/21




4 of 8

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 increased from$2,565 in April 2010 (based on a conventional mortgage) to $2,576 in May 2010.The monthly payment for the median-priced SFD home in Non-North San DiegoCounty remained at $1,892 in May 2010.

The percent of San Diego County households that could afford the median-pricedSFD home in North County rose from 22 percent in April 2010 to 25 percent inMay 2010 after three months of declining affordability -- according to the NorthSan Diego County HomeDex

TM. The affordability percentage was 38 percent in

May 2010 across Non-North County zip codes.3 The HomeDexTM affordabilitypercentage was 32 percent in North County and 43 percent in Non-North San

Diego County zip codes in May 2009.

The HomeDexTM affordability percentage for all homes in North San DiegoCounty single-family detached and single-family attached together was 32percent in May 2010.


8/21




5 of 8

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

4

North San Diego County

Housing Affordability Percentages by Zip Code


May 2010

0%

10%

20%

30%

40%

50%

60%

92075-

SOLANA

BEA

CH

92067-

RANCHOSANT

AFE

92014-

DEL

MAR

92091-

RANCHOSANT

AFE

92007-

CARDIFF

BYTHESEA

92130-

CARMEL

VALLEY

92059-

PALA

92011-

CARLSBAD

92127-

RANCHOBERN

ARDO

92009-

CARLSBAD

92009-

CARLSBAD

92024-

ENCINITAS

92003-

BONSALL

92129

-RANCHO

PENASQUITOS

92128-

RANCHOBERN

ARDO

92010-

CARLSBAD

92064-

POWAY

92078-

SAN

MARCOS

92029-

ESCONDIDO

92081-

VISTA

92028-

FALLBR

OOK

92082-

VALLEYCENTER

92069-

SAN

MARCOS

92057-

OCEANSIDE

92054-

OCEANSIDE

92026-

ESCONDIDO

92056-

OCEANSIDE

92084-

VISTA

92065-

RAM

ONA

92025-

ESCONDIDO

92027-

ESCONDIDO

92083-

VISTA

North San Diego CountySingle-Family Detached

Homes

May 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

92075-

SOLAN

ABE

ACH

92067-

RANCHO

SANTA

FE

92014-

DEL

MAR

92091-

RANCHO

SANTA

FE

92007-

CARDIFFBY

THE

SEA

92130-

CARME

LVALLEY

92059-

PALA

92011-C

ARLSBAD

92127-

RANCHOBERNA

RDO

92009-C

ARLSBAD

92008-C

ARLSBAD

92024-E

NCINITAS

92003-

BONSALL

92129-

RAN

CHOPEN

ASQUITOS

92128-

RAN

CHOBERNARD

O

92010-C

ARLSBAD

92064-

POWAY

92078-

SAN

MARCOS

92029-ES

COND

IDO

92081

-VISTA

92028-FA

LLBR

OOK

92082-

VALLE

YCENTER

92069-

SAN

MARCOS

92057-O

CEANSIDE

92054-O

CEANSIDE

92026-ES

COND

IDO

92056-O

CEANSIDE

92084

-VISTA

92065-

RAM

ONA

92025-ES

CONDIDO

92027-ES

COND

IDO

92083

-VISTA


9/21




6 of 8

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

May 2009 $397,000 $315,000 32% 43%

June 2009 $415,000 $326,750 30% 41%

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%

North San Diego County Housing Characteristics


May 2010

Median Price $476,500

Average Price $584,744

Median Price per Square Foot $234

Lowest-Priced Home Sold $110,000

Highest-Priced Home Sold $4,600,000

Number Units Sold 882

Total Sales5 $515,743,796

Median Days on Market 34

Median Square Feet 1,996

Median Number of Bedrooms 4

Median Number of Baths 3

Median Lot Size (sq. feet) 9,142

Median Age (years) of Homes Sold 22


10/21




7 of 8

North San Diego County Zip

Codes

May

2010

Afford-

ability

May

2009

Afford-

ability

May 2010

Median

Price

% Price

Chg. From

May 2009

May

2010

Sold

Listings

Median

Days on

Market

May

2010

Med. Days

on Market

% Chg.

from April

2010

92003 - BONSALL 15% 14% $625,000 -1% 3 19 -46%

92007 - CARDIFF 8% 13% $855,000 31% 9 132 5%

92008 - CARLSBAD 12% 21% $675,000 30% 15 48 -4%

92009 - CARLSBAD 10% 10% $705,000 0% 39 52 63%

92010 - CARLSBAD 21% 22% $532,500 6% 8 31 15%

92011 - CARLSBAD 10% 13% $720,000 10% 18 47 27%

92014 - DEL MAR 3% 2% $1,312,500 -20% 8 105 18%

92024 - ENCINITAS 14% 10% $645,000 -9% 45 31 3%

92025 - ESCONDIDO 45% 59% $309,250 40% 32 61 126%

92026 - ESCONDIDO 40% 49% $342,000 24% 35 24 -40%

92027 - ESCONDIDO 48% 63% $289,000 43% 58 52 24%

92028 - FALLBROOK 34% 48% $390,450 37% 40 55 -14%92029 - ESCONDIDO 28% 20% $441,500 -16% 16 45 51%

92054 - OCEANSIDE 39% 52% $342,500 32% 24 48 78%

92056 - OCEANSIDE 42% 43% $330,000 6% 39 23 21%

92057 - OCEANSIDE 39% 43% $345,000 10% 49 14 -56%

92058 - OCEANSIDE 32% - $407,250 - 10 41 -

92059 - PALA 10% 56% $750,000 220% 1 65 -

92061 - PAUMA VALLEY - - - - 0 - -

92064 - POWAY 24% 15% $489,500 -20% 46 32 33%

92065 - RAMONA 44% 37% $315,000 -9% 41 48 -2%

92067 - RANCHO SANTA FE 3% 0% $1,525,000 -42% 14 49 -39%

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

92069 - SAN MARCOS 37% 37% $363,000 4% 36 45 7%

92075 - SOLANA BEACH 2% 3% $1,781,188 11% 4 66 -52%

92078 - SAN MARCOS 24% 25% $485,000 6% 41 42 91%

92081 - VISTA 33% 35% $400,000 9% 23 27 -4%

92082 - VALLEY CENTER 35% 36% $383,350 7% 20 28 -11%

92083 - VISTA 58% 53% $230,000 -9% 17 19 -32%

92084 - VISTA 42% 53% $325,000 28% 19 19 -56%

92091 - RANCHO SANTA FE 5% 2% $1,050,000 -41% 3 67 2%

92127 - RANCHO BERNARDO 10% 10% $712,250 3% 48 22 -55%

92128 - RANCHO BERNARDO 21% 23% $533,500 10% 52 21 -45%

92129 - RANCHO

PENASQUITOS 17% 13% $587,500 -8% 38 21 28%92130 - CARMEL VALLEY 8% 9% $844,500 6% 41 34 70%

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


11/21




8 of 8

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 May 2010 required an annual income of $103,030for 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 $454,170,583 in April 2010 and $404,044,885 in May 2009.


12/21


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

increased 11.92 percent from $241,250 in April 2010 to $270,000 in May 2010,following a decrease from March to April. The Non-North San Diego CountySFA home median price rose 6.73 percent to $230,000 in May 2010 from$215,500 in April 2010.1

North San Diego County SFA median prices increased 25 percent year-over from$216,000 in May 2009, a ten-month trend of year-over price increases following24 months of year-over declines. The Non-North County SFA median priceincreased 15.6 percent year-over from May 2009.

The county-wide SFA home median price increased 5.56 percent from $225,000

in April 2010 to $237,500 in May 2010, and increased 11.5 percent year-overfrom May 2009.

The median number of days-on-market for North County SFA homes soldincreased from 40 in April 2010 to 43 in May 2010. The average number of days-on-market fell from 74 in April 2010 to 71 in May 2010. 2

Median Prices



$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

May2008

June2008

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

North San Diego County Non-North San Diego County


13/21




2 of 7

The number of sold SFA units increased 19.57 percent in May 2010 from April2010 in North San Diego County, and rose 16.4 percent in Non-North County.

Year-over sales increased 40 percent from May 2009 in North County andincreased 18.4 percent in Non-North County. North County SFA sales havereported year-over increases for 23 months, with the exceptions of February 2010and October 2009.

SFA listings (active and contingent) in North San Diego County increased to1,640 ending May 2010 from 1,517 ending April 2010. San Diego County (activeand contingent) SFA listings increased from 4,997 at the end of April 2010 to5,247 in May 2010.


14/21




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 increased from$1,304 in April 2010 to $1,459 in May 2010. The monthly payment for themedian-priced SFA home in Non-North San Diego County zip codes rose from$1,165 in April 2010 to $1,243 in May 2010.

The percent of San Diego County households able to afford the median-pricedSFA home decreased to 51 percent in May 2010 from 56 percent in April 2010.3The single-family attached home affordability level for Non-North San DiegoCounty zip codes fell to 57 percent in May 2010 from 61 percent in April 2010.

60 percent of county households could afford the median-priced SFA home in

North San Diego County in May 2009, and 64 percent in Non-North County zipcodes.

Housing Affordability Percentages


0%

10%

20%

30%

40%

50%

60%

70%

May

2008

June

2008

July

2008

Augu

st20

08

Septem

ber2

008

Octob

er2008

Novemb

er20

08

Decemb

er20

08

Janu

ary2

009

Febr

uary

2009

March

2009

April

2009

May

2009

June

2009

July

2009

Augu

st20

09

Septem

ber2

009

Octob

er2009

Novemb

er20

09

Decemb

er20

09

Janu

ary2

010

Febr

uary

2010

March

2010

April

2010

May

2010

North San Diego County Non-North San Diego County


15/21




4 of 7

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


May 2010 Median Prices


$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

92014-DEL

MAR

92091-

RANCHO

SANT

AFE

92075-

SOLANA

BEA

CH

92011-C

ARLSBAD

92024-E

NCINITAS

92010-C

ARLSBAD

92130-

CARME

LVALLEY

92009-C

ARLSBAD

92054-O

CEANSIDE

92078-

SAN

MARCOS

92128-

RANCHOBERNARD

O

92127-

RANCHOBERNA

RDO

92056-O

CEANSIDE

92129-

RANCHOPEN

ASQUITOS

92029-ES

COND

IDO

92064-

POWAY

92084

-VISTA

92028-FA

LLBR

OOK

92065-RAM

ONA

92083

-VISTA

92003-

BONSALL

92081

-VISTA

92057-O

CEANSIDE

92026-ES

COND

IDO

92069-

SAN

MARCOS

92027-ES

CONDIDO

92025-ES

CONDIDO

Housing Affordability

Percentages


May 2010

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

92014-

DEL

MAR

92091-

RANCHOSANT

AFE

92075-

SOLANA

BEACH

92011-

CARLSBAD

92024-

ENCINITAS

92010-

CARLSB

AD

92130-

CARME

LVALLEY

92009-

CARLSBAD

92054-

OCEANSID

E

92078-

SANMA

RCOS

92128-

RANCHO

BERN

ARDO

92127-

RANCHO

BERN

ARDO

92056-

OCEANSID

E

92129-

RANCHO

PENASQUITOS

92029-

ESCONDIDO

92064-

POWAY

92084-

VIST

A

92028-

FALLBR

OOK

92065-

RAM

ONA

92083-

VIST

A

92003-

BONS

ALL

92081-

VIST

A

92057-

OCEANSID

E

92026-

ESCONDIDO

92069-

SANMA

RCOS

92027-

ESCONDIDO

92025-

ESCONDIDO


16/21




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

May 2009 $216,000 $198,900 60% 64%

June 2009 $255,000 $191,500 53% 66%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%

North San Diego County Housing Characteristics


May 2010

Median Price $270,000Average Price $305,906

Median Price per Square Foot $226

Lowest-Priced Home Sold $55,100

Highest-Priced Home Sold $1,850,000

Number Units Sold 385

Total Sales5 $117,773,649

Median Days on Market 43

Median Square Feet 1,158Median Number of Bedrooms 2

Median Number of Baths 2

Median Age (years) of Homes Sold 24


17/21




6 of 7


Codes

May

2010

Afford-

ability6

May

2009

Afford-

ability

May 2010

Median

Price

% Price

Chg. From

May 2009

May 2010

Sold

Listings

Median

Days on

Market

May

2010

Median

Days on

Market %

Chg. from

April 2010

92003 - BONSALL 76% 62% $148,600 -29% 4 103 -41%

92007 - CARDIFF - - - - 0 - -

92008 - CARLSBAD - - - - 0 - -

92009 - CARLSBAD 42% 47% $330,000 14% 25 29 -24%

92010 - CARLSBAD 31% 40% $412,500 25% 6 31 56%

92011 - CARLSBAD 22% 40% $510,000 55% 9 24 -27%

92014 - DEL MAR 9% 37% $810,000 133% 7 66 13%

92024 - ENCINITAS 29% 35% $432,800 17% 21 28 -16%

92025 - ESCONDIDO 86% 83% $100,000 -8% 7 57 97%

92026 - ESCONDIDO 79% 86% $136,500 44% 18 16 -49%

92027 - ESCONDIDO 85% 88% $105,000 20% 11 70 367%

92028 - FALLBROOK 69% - $182,000 - 4 41 13%92029 - ESCONDIDO 64% - $205,000 - 3 17 -94%

92054 - OCEANSIDE 44% 37% $314,900 -9% 21 45 10%

92056 - OCEANSIDE 61% 70% $217,000 24% 17 54 23%

92057 - OCEANSIDE 78% 79% $140,000 8% 21 54 17%

92058 - OCEANSIDE 60% - $220,000 - 7 22 -

92059 - PALA - - - - 0 - -

92061 - PAUMA VALLEY - - - - 0 - -

92064 - POWAY 65% 73% $198,000 24% 4 30 -26%

92065 - RAMONA 73% 75% $164,250 8% 4 64 -53%

92067 - RANCHO SANTA FE - - - - 0 - -

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

92069 - SAN MARCOS 82% 77% $117,500 -16% 12 38 -10%

92075 - SOLANA BEACH 18% 11% $580,000 -14% 11 26 -33%92078 - SAN MARCOS 49% 54% $287,500 15% 24 38 -62%

92081 - VISTA 78% 72% $140,000 -15% 7 50 194%

92082 - VALLEY CENTER - - - - 0 - -

92083 - VISTA 73% 69% $163,500 -8% 8 95 217%

92084 - VISTA 67% 85% $190,000 90% 6 62 339%

92091 - RANCHO SANTA FE 14% 15% $645,000 4% 2 118 34%

92127 - RANCHO BERNARDO 52% 46% $267,000 -9% 22 40 -49%

92128 - RANCHO BERNARDO 49% 47% $284,000 -1% 39 48 4%

92129 - RANCHOPENASQUITOS 64% 59% $206,500 -7% 22 21 -38%

92130 - CARMEL VALLEY 32% 34% $410,000 9% 37 63 97%


18/21




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 May 2010 required an annualincome of $58,380for the median-priced SFA home an amount earned by 51 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.5April 2010 total SFA sales were $95,363,931 and $67,773,409 in May 2009 for North San Diego County.6 See footnote 3.


19/21

North San Diego County HomeDexTMForeclosure Activity Report Ending May 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

May 2010

% Chg. from

Pre-Foreclosures

ending April

2010

Number of Bank-

Owned ending

May 2010

% Chg. from

Bank-Owned

ending April

2010

92003 - BONSALL 24 -17.24% 46 -6.12%92007 - CARDIFF 26 13.04% 11 0.00%

92008 - CARLSBAD 42 -10.64% 47 -2.08%

92009 - CARLSBAD 128 -9.86% 76 -14.61%

92010 - CARLSBAD 44 4.76% 70 -4.11%

92011 - CARLSBAD 41 7.89% 25 -10.71%

92014 - DEL MAR 30 0.00% 11 -15.38%

92024 - ENCINITAS 104 -1.89% 65 0.00%

92025 - ESCONDIDO 133 -0.75% 207 -8.41%

92026 - ESCONDIDO 184 -1.08% 159 -14.05%

92027 - ESCONDIDO 191 -9.48% 128 -29.67%

92028 - FALLBROOK 209 -6.70% 165 -5.71%92029 - ESCONDIDO 57 -6.56% 30 -26.83%

92054 - OCEANSIDE 112 -3.45% 101 -8.18%

92056 - OCEANSIDE 187 -8.78% 135 -12.34%

92057 - OCEANSIDE 260 -0.76% 167 -16.50%

92059 - PALA 4 -33.33% 5 0.00%

92061 - PAUMA VALLEY 11 83.33% 15 7.14%

92064 - POWAY 128 -3.03% 68 -8.11%

92065 - RAMONA 126 -5.97% 138 -4.83%

92067 - RANCHO SANTA FE 26 136.36% 28 21.74%

92068 - SAN LUIS REY 0 - 0 -

92069 - SAN MARCOS 195 1.56% 126 -13.70%

92075 - SOLANA BEACH 15 -48.28% 29 -17.14%

92078 - SAN MARCOS 156 -10.34% 79 -21.78%

92081 - VISTA 83 -8.79% 57 0.00%

92082 - VALLEY CENTER 71 -6.58% 89 -14.42%

92083 - VISTA 135 -3.57% 109 -6.03%

92084 - VISTA 134 -6.29% 111 -9.76%

92091 - RANCHO SANTA FE 8 14.29% 3 -25.00%92127 - RANCHO

BERNARDO 109 -17.42% 86 -8.51%92128 - RANCHO

BERNARDO 124 -3.88% 67 -19.28%92129 - RANCHO

PENASQUITOS 125 -6.72% 54 -11.48%

92130 - CARMEL VALLEY 83 -12.63% 58 0.00%

TOTALS 3,305 -5.22% 2,565 -11.31%


20/21

North San Diego County HomeDexTMForeclosure Activity Report Ending May 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 of

foreclosure i

n

1

Active pre-foreclosure include properties classified as Lis Pendens (i.e., a public notice has beenserved 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); data

reported 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

HomeDex Report