HomeDex County Report Released for March 2013
View of download full report here (PDF).
Here are some notable facts from the latest HomeDex report provided by the San DIego Association of REALTORS®.
The median-priced single-family detached (SFD) home in San Diego County increased 3.84 percent to $406,000 in February 2013 from $391,000 in January 2013. Year-over SFD median price jumped 12.81 percent from February 2012.
The number of SFD homes sold in San Diego County decreased 4.03 percent from January 2013 to February 2013. Year-over sold SFD units decreased 2.22 percent compared to February 2012.
The HomeDexTM affordability index decreased from 45 percent of San Diego County households able to afford the county’s median-priced SFD home in January 2013 to 43 percent in February 2013.
2012 North San Diego HomeDex Just Released
As you can see from the chart above interest rates have continued to decline since January of 2009. Combined with historically low home inventory prices are coming back.
Here are a few notable facts from the 2012 report which can be viewed or downloaded here.
The median price for North San Diego County single-family detached (SFD) homes sold in 2012 was $450,000, a 4.65 percent increase compared to $430,000 in 2011. Median price-per-square foot increased two percent, from $210 in 2011 to $214 in 2012.
North San Diego County reported a 19.23 percent gain in the number of SFD homes sold in 2012, compared to 2011.
Together, the increased sales and prices pushed up total sales volume in 2012 by 22.24 percent, compared to 2011.
The monthly payment for a conventional mortgage – including principal, interest, property taxes, and insurance – for the median-priced SFD home in North San Diego County ranged from a low of $2,037 in April 2012 to a high of $2,303 in June 2012.
The percent of San Diego County households that could afford the median-priced SFD home in North County ranged between 33 and 38 percent in 2012, according to the North San Diego County HomeDexTM. In non-North County, the percentage of households that could afford the median-priced home in 2012 ranged between 45 and 48 percent.
The name HomeDex™ and its contents are protected under a trademark and copyright held by the North San Diego County Association of Realtors® (NSDCAR).
Best Lifestyle Search On The Market Today
I’m pleased to announce that we have added Spatial Match IDX search for our Clients and friends of San Diego Lifestyle. In my opinion Spatial Match is the most powerful home search portal out there for and includes layers of data that can be over laid over the home search results.
Check out the getting started video to see how useful this product could be in your home search.
Link to video.
We offer Spatial Match, which is a state of the art home search and lifestyle product.
Unfortunately it does not run on many mobile devices. Since using your iPad or Smart phone makes a great deal of sense we offer our Clients a mobile solution using the Realtor.com mobile search application which is free. It is available for iPhone, iPad, Android and Windows Phone.
The reason that we recommend using Realtor.com rather than Zillow or Trulia is due to it pulling listing information directly from our Sandicor MLS which services San Diego County. You will be getting accurate listings updated hourly, rather than the outdated information on Zillow and Trulia. Don’t get me wrong, both have wonderful mobile search platforms, the data just isn’t good.
Check out the video below if you would like to see how the system works.
Mobile link to video.
If you would like to get your free collaborative search please send us an email and we will forward you a custom link. As always we won’t contact you and respect your privacy – but we are here when you need us – just like the lighthouse!
Also you can just download the application directly and not even send us your email – we just want you to get some accurate advice in your home search.
Asian Fusion in San Diego Gaslamp
A friend mentioned a new restaurant that I needed to try in the Gaslamp called Gang Kitchen.
Finding my self with some time on my hands this Sunday afternoon, I thought I would walk over and try the very enticing Happy Hour menu. Happy hour is served daily from 5 to 7 p.m. when this article was posted – check the website for updated schedule.
Who doesn’t like draft Kirin Iciban beer for $2.00 and all appetizers for $5.00? I know that I left really satisfied for a small bill – a true bargain for some top shelf food, great atmosphere, and just off the tourist gawkiness of 5th Avenue.
Gang Kitchen offers an eclectic menu of Asian Fusion. My plan is to go back soon for a full dinner and I’ll write another review then. You can check out the Yelp page here for more reviews.
Today Jesse served us Sweet Potato/Wasabi Guacamole spring rolls with Habanero Tomatillo Salsa. This was a very interesting dish and the spiciness of the Habanero Tomatillo sauce really worked with the crispy fried spring rolls.
Next I tried Edamame Wontons which were steamed. They were slightly salty for my taste but a nice break from the heavier spring rolls.
My favorite was the Mushroom Potstickers with Ponzu butter sauce. The potstickers were crisp on one side and the taste of the mushroom came through nicely.
The draft Kirin was the perfect compliment but I must admit the drink menu looked intriguing.
Jon Mangini owner of Gang Kitchen also owns Basic Pizza in East Village which is another all time favorite. The vibe of the resturant certainly has some Basic to it, but on a much more sophisticated scale. Jesse told us the fantastic artwork around the restaurant was done by Marc Sandoval - Link to Gallery. The guy is really talented and you can see some of his examples below.
Besides the bar on the street level there is a raised dining area and an upstairs dining and second bar. The front of the restaurant opens much like Basic Pizza while the exterior building is very dark and low key. The first night that I walked by the restaurant I was not sure it was even open to the pubic.