North County Annual Real Estate Trends

North Monterey County
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 615 202 $209,500 $218,546        
1996 558 229 $227,000 $228,705 -9.3% 13.4% 8.4% 4.6%
1997 497 269 $223,000 $227,840 -10.9% 17.5% -1.8% -0.4%
1998 457 328 $242,250 $254,920 -8.0% 21.9% 8.6% 11.9%
1999 430 327 $279,000 $298,355 -5.9% -0.3% 15.2% 17.0%
2000 416 333 $350,000 $365,330 -3.3% 1.8% 25.4% 22.4%
2001 449 202 $385,000 $399,182 7.9% -39.3% 10.0% 9.3%
2002 478 295 $432,000 $448,714 6.5% 46.0% 12.2% 12.4%
2003 450 345 $475,000 $491,072 -5.9% 16.9% 10.0% 9.4%
2004 474 372 $590,000 $616,071 5.3% 7.8% 24.2% 25.5%
2005 597 358 $712,000 $750,766 25.9% -3.8% 20.7% 21.9%
2006 652 217 $720,000 $759,513 9.2% -39.4% 1.1% 1.2%
2007 619 112 $650,000 $687,178 -5.1% -48.4% -9.7% -9.5%

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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.

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