North Salinas Annual Real Estate Trends

North Salinas
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 482 215 $153,400 $156,764        
1996 465 239 $149,000 $150,564 -3.5% 11.2% -2.9% -4.0%
1997 386 255 $149,000 $160,122 -17.0% 6.7% 0.0% 6.3%
1998 413 321 $159,900 $171,966 7.0% 25.9% 7.3% 7.4%
1999 380 353 $180,000 $190,639 -8.0% 10.0% 12.6% 10.9%
2000 474 393 $245,000 $249,742 24.7% 11.3% 36.1% 31.0%
2001 619 375 $292,500 $304,015 30.6% -4.6% 19.4% 21.7%
2002 590 512 $315,000 $327,286 -4.7% 36.5% 7.7% 7.7%
2003 754 664 $378,000 $400,345 27.8% 29.7% 20.0% 22.3%
2004 998 861 $495,000 $503,730 32.4% 29.7% 31.0% 25.8%
2005 1,255 793 $600,000 $616,072 25.8% -7.9% 21.2% 22.3%
2006 1,401 445 $605,000 $624,514 11.6% -43.9% 0.8% 1.4%
2007 1,321 194 $535,000 $532,876 -5.7% -56.4% -11.6% -14.7%

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North Salinas
(Townhomes/Condominiums)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 107 28 $106,000 $106,764        
1996 102 27 $105,000 $107,140 -4.7% -3.6% -0.9% 0.4%
1997 63 24 $98,750 $101,766 -38.2% -11.1% -6.0% -5.0%
1998 66 42 $102,250 $101,340 4.8% 75.0% 3.5% -0.4%
1999 68 60 $111,431 $111,987 3.0% 42.9% 9.0% 10.5%
2000 67 62 $132,000 $138,926 -1.5% 3.3% 18.5% 24.1%
2001 95 59 $175,000 $180,453 41.8% -4.8% 32.6% 29.9%
2002 79 62 $196,000 $200,257 -16.8% 5.1% 12.0% 11.0%
2003 78 75 $223,500 $221,053 -1.3% 21.0% 14.0% 10.4%
2004 82 65 $285,000 $289,514 5.1% -13.3% 27.5% 31.0%
2005 119 84 $350,000 $356,397 45.1% 29.2% 22.8% 23.1%
2006 155 40 $370,000 $375,477 30.3% -52.4% 5.7% 5.4%
2007 129 21 $277,000 $286,191 -16.8% -47.5% -25.1% -23.8%


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.