City Heights Annual Real Estate Market Trends

Zip Code: 92105

City Heights
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $103,861 $107,900 305 64 97.6%      
1999 $112,371 $115,000 279 49 98.4% 8.2% 6.6% -8.5%
2000 $142,780 $143,500 333 37 99.3% 27.1% 24.8% 19.4%
2001 $174,974 $175,000 305 33 99.0% 22.5% 22.0% -8.4%
2002 $223,102 $225,000 273 31 98.9% 27.5% 28.6% -10.5%
2003 $287,443 $289,950 264 30 98.1% 28.8% 28.9% -3.3%
2004 $367,143 $369,000 305 32 98.4% 27.7% 27.3% 15.5%
2005 $409,008 $410,000 309 47 97.3% 11.4% 11.1% 1.3%
2006 $411,265 $411,000 241 55 96.1% 0.6% 0.2% -22.0%
2007 $356,773 $356,000 147 75 95.5% -13.2% -13.4% -39.0%

City Heights
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $73,542 $70,000 36 92 97.3%      
1999 $76,323 $66,500 64 85 98.5% 3.8% -5.0% 77.8%
2000 $87,009 $75,750 82 39 98.3% 14.0% 13.9% 28.1%
2001 $111,922 $95,000 108 47 98.7% 28.6% 25.4% 31.7%
2002 $134,263 $129,000 115 43 98.8% 20.0% 35.8% 6.5%
2003 $179,566 $165,500 135 36 98.2% 33.7% 28.3% 17.4%
2004 $238,810 $220,000 145 31 98.9% 33.0% 32.9% 7.4%
2005 $277,649 $264,500 241 47 98.8% 16.3% 20.2% 66.2%
2006 $280,578 $275,000 93 75 98.0% 1.1% 4.0% -61.4%
2007 $231,267 $241,000 74 55 97.0% -17.6% -12.4% -20.4%

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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.