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Sales in September for detached resale homes were down 16.2 percent from August and 33 percent from last September throughout the county, according to the HomeDex report released today by Robert Brown, an economist at the University of California, San Marcos.

For attached homes, such as condos and townhomes, sales rates were down about 23 percent from August.

Price declines hit both markets. Detached homes dropped 3.06 percent from September 2005 to a median price of $571,000. That’s a decrease of 0.75 percent from August.

Attached homes also dropped slightly from the previous month – an 0.8 percent decline brought the median price down a few thousand dollars to $360,000.

Brown’s report draws data from Sandicor, the San Diego Multiple Listing Service, and is released by the Realtor’s association in North County. It differs from the monthly data from DataQuick Information Systems (due for release this week). DataQuick includes in its reports new home sales and sales completed without the use of a Realtor.

In HomeDex, Brown examines the trends by zip code and region within the county. He noted the median price per square foot for North County, East County, South County and the San Diego metro area. (Again, check out Rich Toscano’s discussion of the value of looking at prices this way.)

Those trends are:

Detached homes:

  • North County: median $316 per square foot in September, $315 per square foot in August.
  • East County: median $300 per square foot in September, $317 per square foot in August.
  • South County: median $319 per square foot in September, $315 per square foot in August.
  • San Diego metro: median $397 per square foot in September, $390 per square foot in August.

Attached homes:

  • North County: median $325 per square foot in September, $326 per square foot in August.
  • East County: median $274 per square foot in September, $296 per square foot in August.
  • South County: median $315 per square foot in September, $308 per square foot in August.
  • San Diego metro: median $384 per square foot in September, $373 per square foot in August.

If you have specific areas you’re curious about, click my name below to send me an e-mail. I think I can get my hands on trends for individual neighborhoods if you’re interested.

KELLY BENNETT

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