South Coast Annual Real Estate Trends

South Coast
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 71 18 $785,000 $812,176        
1996 60 29 $790,000 $1,000,599 -15.5% 61.1% 0.6% 23.2%
1997 55 30 $742,500 $1,012,916 -8.3% 3.4% -6.0% 1.2%
1998 73 37 $665,000 $748,245 32.7% 23.3% -10.4% -26.1%
1999 50 31 $770,000 $1,064,967 -31.5% -16.2% 15.8% 42.3%
2000 73 56 $1,290,000 $2,186,331 46.0% 80.6% 67.5% 105.3%
2001 56 19 $1,100,000 $1,664,315 -23.3% -66.1% -14.7% -23.9%
2002 56 21 $1,660,000 $1,757,309 0.0% 10.5% 50.9% 5.6%
2003 65 26 $1,175,000 $1,473,654 16.1% 23.8% -29.2% -16.1%
2004 75 39 $1,675,000 $2,052,559 15.4% 50.0% 42.6% 39.3%
2005 75 29 $2,400,000 $2,639,483 0.0% -25.6% 43.3% 28.6%
2006 70 26 $2,300,000 $2,843,397 -6.7% -10.3% -4.2% 7.7%
2007 57 19 $2,215,000 $3,789,276 -18.6% -26.9% -3.7% 33.3%

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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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