Central San Diego County Annual Real Estate Market Trends

Central San Diego
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $278,560 $194,500 6,429 51 96.5%      
1999 $301,356 $216,000 6,694 44 96.6% 8.2% 11.1% 4.1%
2000 $362,465 $255,000 6,115 37 96.6% 20.3% 18.1% -8.6%
2001 $383,225 $290,000 5,602 39 96.1% 5.7% 13.7% -8.4%
2002 $462,263 $358,000 6,265 40 96.5% 20.6% 23.4% 11.8%
2003 $539,272 $415,000 6,239 41 96.4% 16.7% 15.9% -0.4%
2004 $673,038 $525,000 6,302 35 96.6% 24.8% 26.5% 1.0%
2005 $737,707 $550,000 5,742 51 95.0% 9.6% 4.8% -8.9%
2006 $740,958 $545,000 4,511 61 95.2% 0.4% -0.9% -21.4%
2007 $767,192 $549,000 3,902 67 94.9% 3.5% 0.7% -13.5%

Central San Diego
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $170,614 $141,000 2,825 48 97.6%      
1999 $182,558 $145,000 4,632 40 97.8% 7.0% 2.8% 64.0%
2000 $202,513 $169,000 4,282 28 98.2% 10.9% 16.6% -7.6%
2001 $248,171 $200,000 4,338 34 97.6% 22.5% 18.3% 1.3%
2002 $298,045 $246,000 4,849 34 97.6% 20.1% 23.0% 11.8%
2003 $336,231 $285,000 4,980 37 97.6% 12.8% 15.9% 2.7%
2004 $437,996 $365,800 5,097 31 97.8% 30.3% 28.4% 2.3%
2005 $461,931 $385,000 5,088 53 97.1% 5.5% 5.2% -0.2%
2006 $445,978 $360,000 3,978 66 96.1% -3.5% -6.5% -21.8%
2007 $445,458 $350,000 3,531 73 95.5% -0.1% -2.8% -11.2%

To keep on top of the market, subscribe to our free monthly newsletter by clicking the subscribe button at the bottom right.

Detailed information on homes or neighborhoods can be had by calling or e-mailing us. Or, fill out our Buying or Selling forms located in the menu to the left.


DEFINITIONS

Median Price
Median Price is the price at which 50% of properties sold were above that price and 50% were below.
Average Price
Average Price is the sum of all prices divided by the number of sales.
DOM
Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
SP/LP
The average selling price divided by the average list price.