East San Diego County Annual Real Estate Market Trends

East San Diego County
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $196,127 $174,800 3,961 58 97.3%      
1999 $213,227 $189,900 3,992 48 97.6% 8.7% 8.6% 0.8%
2000 $247,793 $220,000 3,651 40 97.6% 16.2% 15.9% -8.5%
2001 $280,980 $250,000 3,752 46 97.4% 13.4% 13.6% 2.8%
2002 $335,506 $305,000 3,779 42 97.3% 19.4% 22.0% 0.7%
2003 $393,723 $360,000 3,909 40 97.3% 17.4% 18.0% 3.4%
2004 $502,317 $460,000 4,010 37 97.4% 27.6% 27.8% 2.6%
2005 $548,436 $496,450 3,692 54 96.9% 9.2% 7.9% -7.9%
2006 $545,110 $490,000 2,866 66 96.1% -0.6% -1.3% -22.4%
2007 $502,852 $452,000 2,271 71 95.7% -7.8% -7.8% -20.8%

East San Diego County
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $99,788 $99,000 633 60 98.2%      
1999 $109,987 $110,000 1,071 37 99.0% 10.2% 11.1% 69.2%
2000 $126,420 $126,500 1,251 24 99.4% 14.9% 15.0% 16.8%
2001 $155,034 $154,900 1,168 23 99.1% 22.6% 22.5% -6.6%
2002 $194,046 $193,000 1,190 23 99.3% 25.2% 24.6% 1.9%
2003 $238,500 $237,000 1,233 29 98.7% 22.9% 22.8% 3.6%
2004 $301,881 $300,000 1,467 22 98.8% 26.6% 26.6% 19.0%
2005 $320,351 $318,000 1,552 52 98.7% 6.1% 6.0% 5.8%
2006 $304,831 $300,000 1,057 59 98.2% -4.8% -5.7% -31.9%
2007 $269,556 $265,000 844 65 97.1% -11.6% -11.7% -20.2%

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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.