South County Annual Real Estate Trends

South Monterey County
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 147 36 $129,900 $129,416        
1996 186 56 $137,000 $138,762 26.5% 55.6% 5.5% 7.2%
1997 179 69 $134,900 $140,984 -3.8% 23.2% -1.5% 1.6%
1998 153 81 $134,500 $150,197 -14.5% 17.4% -0.3% 6.5%
1999 174 109 $149,000 $156,865 13.7% 34.6% 10.8% 4.4%
2000 155 136 $160,950 $177,056 -10.9% 24.8% 8.0% 12.9%
2001 272 142 $221,500 $253,159 75.5% 4.4% 37.6% 43.0%
2002 288 222 $250,000 $249,031 5.9% 56.3% 12.9% -1.6%
2003 316 261 $290,000 $293,600 9.7% 17.6% 16.0% 17.9%
2004 387 306 $380,000 $389,607 22.5% 17.2% 31.0% 32.7%
2005 749 411 $487,800 $509,692 93.5% 34.3% 28.4% 30.8%
2006 1,025 275 $509,000 $524,261 36.8% -33.1% 4.3% 2.9%
2007 1,066 152 $385,000 $402,840 4.0% -44.7% -24.4% -23.2%

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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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