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February Market Round Up: 72 Homes for Sale in Encinitas

Year-over median price in North San Diego County increased 16.25 percent

Encinitas - currently has 72 single family detached homes active on the market with only 4 homes of those homes under $700,000. Encinitas saw 23 homes sell in January with an average sales price of $1,170,152. Average market time is currently 78 days.

Interest rates remain at all time record lows. However, a one-point increase can raise your monthly mortgage payment. Based on a $600,000 loan balance, if interest rates were to go up by one percent, that would be the difference between a $2,864 monthly payment or a $3,220 a month payment. 

Detached homes in North County decreased 5.01 percent in January 2013 to $465,000 compared to $489,500 in December 2012. Year-over median price in North San Diego County increased 16.25 percent compared to $400,000 reported in January 2012. Year-over median price has increased six straight months, with the last five months exceeding 10 percent.

Information taken from HomeDex™ Copyright © 2012 by the North San Diego County Association of Realtors (NSDCAR). Used with permission.

Frank H. Robles February 27, 2013 at 03:47 AM
New housing construction starts are up, putting more people to work. whatever thier doing seems to be Working...!!!
Al Ein February 27, 2013 at 05:05 AM
Aw Frank- You need to think for yourself and figure out the outcome of feds devaluing the fiat currency. What do you think a full financial collapse be like for your family?
Frank H. Robles February 27, 2013 at 05:53 AM
Full financial collapse...??? Been hearing that since Nixon took us off the Gold Standard back in 1971, I have been working in construction all my life, Have seen a few financial ups and downs, sometime more extreme at times, I do belive that we are on the up swing " Very Slowly"
Al Ein February 28, 2013 at 05:26 AM
OK Frank. Sounds like your planning your future. Good luck with that and don't say you didn't know it was coming like all the other lemmngs will. Just like the last housing bubble collapse, it soooo easy to see.
Frank H. Robles February 28, 2013 at 04:02 PM
OK Al , Good Luck to you also, thanks for your input...!!!

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