Carmel Annual Real Estate Trends

Carmel
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 359 158 $434,935 $534,656        
1996 371 222 $431,000 $555,199 3.3% 40.5% -0.9% 3.8%
1997 350 285 $522,500 $625,666 -5.7% 28.4% 21.2% 12.7%
1998 389 272 $565,000 $712,969 11.1% -4.6% 8.1% 14.0%
1999 340 301 $650,000 $857,138 -12.6% 10.7% 15.0% 20.2%
2000 290 259 $900,000 $1,195,441 -14.7% -14.0% 38.5% 39.5%
2001 340 149 $850,000 $1,274,035 17.2% -42.5% -5.6% 6.6%
2002 367 208 $910,000 $1,198,077 7.9% 39.6% 7.1% -6.0%
2003 345 186 $985,000 $1,358,587 -6.0% -10.6% 8.2% 13.4%
2004 358 269 $1,295,000 $1,560,805 3.8% 44.6% 31.5% 14.9%
2005 367 222 $1,575,000 $1,962,695 2.5% -17.5% 21.6% 25.7%
2006 425 173 $1,525,000 $1,859,655 15.8% -22.1% -3.2% -5.2%
2007 350 191 $1,550,000 $1,906,543 -17.6% 10.4% 1.6% 2.5%

Carmel
(Townhomes/Condominiums)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 46 15 $250,000 $281,115        
1996 26 22 $230,000 $254,181 -43.5% 46.7% -8.0% -9.6%
1997 34 27 $279,000 $301,677 30.8% 22.7% 21.3% 18.7%
1998 21 27 $275,000 $292,722 -38.2% 0.0% -1.4% -3.0%
1999 16 7 $375,000 $383,214 -23.8% -74.1% 36.4% 30.9%
2000 15 10 $382,500 $417,225 -6.3% 42.9% 2.0% 8.9%
2001 34 16 $485,000 $619,656 126.7% 60.0% 26.8% 48.5%
2002 32 15 $490,000 $496,450 -5.9% -6.3% 1.0% -19.9%
2003 36 26 $539,000 $589,327 12.5% 73.3% 10.0% 18.7%
2004 31 26 $645,000 $669,138 -13.9% 0.0% 19.7% 13.5%
2005 24 20 $728,500 $734,950 -22.6% -23.1% 12.9% 9.8%
2006 27 15 $742,000 $902,758 12.5% -25.0% 1.9% 22.8%
2007 20 11 $745,000 $739,909 -25.9% -26.7% 0.4% -18.0%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

This page is copyrighted by http://rereport.com. All rights are reserved.