San Diego Real Estate Sales Statistics - February 2010

Owning a home is its own reward, but home ownership can also bring rewards at tax time. This year is especially beneficial for people who are in the market to buy a home, thanks to the $8,000 first-time buyer credit and the $6,500 tax credit for repeat buyers.

Current homeowners can benefit, as well. Tax credits are available for owners who improve the energy efficiency of their home, including replacing exterior windows, skylights and doors and installing efficient heating and air conditioning systems. Certain home improvements may qualify for as much as 30 percent of the project cost, up to $1,500.

Homeowners also enjoy a mortgage interest deduction; allowing them to deduct all the interest paid on up to $1 million in mortgage debt. If you bought a home in the past year, be sure to provide a copy of your HUD-1 statement to your tax preparer. The interest you paid at closing is not reflected in your year-end mortgage statement. Points and other closing costs may also be tax deductible.

Take a look at San Diego real estate sales (single family detached homes) for February to see how the buyers are taking advantage of these tax benefits:

Carmel Valley Real Estate Sales (92130 ZIP) - February 2010

Homes Sold 2010: 7
Homes Sold 2009: 9
Change from 2009: -22%

Year-to-Date Homes Sold 2010: 15
Year-to-Date Homes Sold 2009: 14
Difference from 2009: +7%

Median Sales Price 2010: $515,000
Median Sales Price 2009: $600,000
Difference from 2009: -14%

Average Days on Market 2010: 67
Average Days on Market 2009: 53
Difference from 2009: +26%

Rancho Bernardo Real Estate Sales (92128 ZIP) - February 2010

Homes Sold 20010: 28
Homes Sold 2009: 23
Change from 2009: +22%

Year-to-Date Homes Sold 2010: 47
Year-to-Date Homes Sold 2009: 54
Difference from 2009: -13%

Median Sales Price 2010: $540,000
Median Sales Price 2009: $501,500
Difference from 2009: +8%

Average Days on Market 2010: 77
Average Days on Market 2009: 71
Difference from 2009: +8%

Del Mar Real Estate Sales (92014 ZIP) - February 2010

Homes Sold 2010: 5
Homes Sold 2009: 6
Change from 2009: -17%

Year-to-Date Homes Sold 2010: 11
Year-to-Date Homes Sold 2009: 13
Difference from 2009: +15%

Median Sales Price 2010: $2,095,000
Median Sales Price 2009: $1,610,000
Difference from 2009: +30%

Average Days on Market 2010: 108
Average Days on Market 2009: 80
Difference from 2009: +35%

Solana Beach Real Estate Sales (92075 ZIP) - February 2010

Homes Sold 2010: 6
Homes Sold 2009: 0
Change from 2009: N/A

Year-to-Date Homes Sold 2010: 16
Year-to-Date Homes Sold 2009: 7
Difference from 2009: +129%

Median Sales Price 2010: $824,000
Median Sales Price 2009: 0
Difference from 2009: N/A

Average Days on Market 2010: 41
Average Days on Market 2009: 0
Difference from 2009: N/A

4S Ranch Real Estate Sales (92127 ZIP) - February 2010

Homes Sold 2010: 23
Homes Sold 2009: 23
Change from 2009: 0%

Year-to-Date Homes Sold 2010: 48
Year-to-Date Homes Sold 2009: 48
Difference from 2009: 0%

Median Sales Price 2010: $705,000
Median Sales Price 2009: $667,042
Difference from 2009: +6%

Average Days on Market 2010: 59
Average Days on Market 2009: 72
Difference from 2009: +18%

Rancho Santa Fe Real Estate Sales (92067 ZIP) - February 2010

Homes Sold 2010: 14
Homes Sold 2009: 3
Change from 2009: +30%

Year-to-Date Homes Sold 2010: 25
Year-to-Date Homes Sold 2009: 7
Difference from 2009: +257%

Median Sales Price 2010: $1,197,000
Median Sales Price 2009: $2,700,000
Difference from 2009: -56%

Average Days on Market 2010: 230
Average Days on Market 2009: 100
Difference from 2009: +130%

Rancho Santa Fe Real Estate Sales (92091 ZIP) - February 2010

Homes Sold 2010: 1
Homes Sold 2009: 2
Change from 2009: +100%

Year-to-Date Homes Sold 2010: 1
Year-to-Date Homes Sold 2009: 2
Difference from 2008: +100%

Median Sales Price 2010: $4,450,000
Median Sales Price 2009: $1,692,500
Difference from 2009: +163%

Average Days on Market 2010: 145
Average Days on Market 2009: 126
Difference from 2009: +15%

Rancho Penasquitos Real Estate Sales (92129 ZIP) - February 2010

Homes Sold 2010: 21
Homes Sold 2009: 20
Change from 2009: +5%

Year-to-Date Homes Sold 2010: 40
Year-to-Date Homes Sold 2009: 31
Difference from 2009: +29%

Median Sales Price 2010: $610,000
Median Sales Price 2009: $552,500
Difference from 2009: +10%

Average Days on Market 2010: 94
Average Days on Market 2009: 81
Difference from 2009: +16%

Poway Real Estate Sales (92064 ZIP) - February 2010

Homes Sold 2010: 22
Homes Sold 2009: 23
Change from 2009: -4%

Year-to-Date Homes Sold 2010: 44
Year-to-Date Homes Sold 2009: 46
Difference from 2009: -4%

Median Sales Price 2010: $515,000
Median Sales Price 2009: $385,000
Difference from 2009: +34%

Average Days on Market 2010: 47
Average Days on Market 2009: 48
Difference from 2009: +2%