Del Rey Oaks Annual Real Estate Trends

Del Rey Oaks
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 13 8 $215,500 $226,812        
1996 27 17 $209,000 $204,647 107.7% 112.5% -3.0% -9.8%
1997 27 21 $210,000 $233,047 0.0% 23.5% 0.5% 13.9%
1998 14 17 $230,000 $236,352 -48.1% -19.0% 9.5% 1.4%
1999 11 5 $275,000 $300,500 -21.4% -70.6% 19.6% 27.1%
2000 14 11 $365,000 $378,068 27.3% 120.0% 32.7% 25.8%
2001 21 14 $435,000 $443,228 50.0% 27.3% 19.2% 17.2%
2002 33 26 $457,250 $460,788 57.1% 85.7% 5.1% 4.0%
2003 25 24 $515,000 $516,814 -24.2% -7.7% 12.6% 12.2%
2004 30 17 $615,000 $653,500 20.0% -29.2% 19.4% 26.4%
2005 26 27 $725,000 $745,085 -13.3% 58.8% 17.9% 14.0%
2006 35 12 $710,000 $732,829 34.6% -55.6% -2.1% -1.6%
2007 22 9 $735,000 $723,737 -37.1% -25.0% 3.5% -1.2%

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Del Rey Oaks
(Townhomes/Condominiums)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 6 1 $133,000 $133,000        
1996 8 2 $145,000 $127,000 33.3% 100.0% 9.0% -4.5%
1997 7 5 $139,000 $130,580 -12.5% 150.0% -4.1% 2.8%
1998 9 6 $175,850 $176,616 28.6% 20.0% 26.5% 35.3%
1999 19 19 $217,500 $205,894 111.1% 216.7% 23.7% 16.6%
2000 9 8 $307,000 $290,987 -52.6% -57.9% 41.1% 41.3%
2001 12 6 $332,500 $316,000 33.3% -25.0% 8.3% 8.6%
2002 13 13 $314,000 $308,500 8.3% 116.7% -5.6% -2.4%
2003 14 11 $365,000 $357,955 7.7% -15.4% 16.2% 16.0%
2004 11 13 $435,000 $427,192 -21.4% 18.2% 19.2% 19.3%
2005 20 8 $450,000 $482,125 81.8% -38.5% 3.4% 12.9%
2006 22 14 $480,000 $494,182 10.0% 75.0% 6.7% 2.5%
2007 6 5 $480,000 $481,250 -72.7% -64.3% 0.0% -2.6%


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.