El Cajon Annual Real Estate Market Trends
| El Cajon | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $208,026 | $184,900 | 1,259 | 56 | 97.4% | |||
| 1999 | $231,254 | $205,000 | 1,220 | 48 | 97.3% | 11.2% | 10.9% | -3.1% |
| 2000 | $261,661 | $231,700 | 1,096 | 38 | 97.6% | 13.1% | 13.0% | -10.2% |
| 2001 | $299,679 | $263,250 | 1,176 | 43 | 97.5% | 14.5% | 13.6% | 7.3% |
| 2002 | $350,040 | $319,000 | 1,235 | 39 | 97.6% | 16.8% | 21.2% | 5.0% |
| 2003 | $411,716 | $370,000 | 1,219 | 40 | 97.4% | 17.6% | 16.0% | -1.3% |
| 2004 | $523,534 | $480,000 | 1,137 | 35 | 97.2% | 27.2% | 29.7% | -6.7% |
| 2005 | $575,323 | $515,000 | 1,085 | 53 | 96.4% | 9.9% | 7.3% | -4.6% |
| 2006 | $563,772 | $500,000 | 829 | 66 | 96.2% | -2.0% | -2.9% | -23.6% |
| 2007 | $524,160 | $466,500 | 693 | 69 | 95.9% | -7.0% | -6.7% | -16.4% |
| El Cajon | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $100,592 | $99,800 | 193 | 54 | 98.1% | |||
| 1999 | $115,477 | $115,000 | 335 | 38 | 99.2% | 14.8% | 15.2% | 73.6% |
| 2000 | $131,367 | $134,000 | 386 | 27 | 99.6% | 13.8% | 16.5% | 15.2% |
| 2001 | $159,230 | $159,900 | 373 | 26 | 99.3% | 21.2% | 19.3% | -3.4% |
| 2002 | $197,462 | $194,500 | 355 | 23 | 99.4% | 24.0% | 21.6% | -4.8% |
| 2003 | $243,643 | $240,715 | 412 | 31 | 98.9% | 23.4% | 23.8% | 16.1% |
| 2004 | $305,387 | $300,000 | 530 | 22 | 98.5% | 25.3% | 24.6% | 28.6% |
| 2005 | $323,018 | $319,950 | 538 | 54 | 98.6% | 5.8% | 6.7% | 1.5% |
| 2006 | $294,384 | $288,000 | 526 | 50 | 98.9% | -8.9% | -10.0% | -2.2% |
| 2007 | $257,080 | $253,400 | 350 | 64 | 97.3% | -12.7% | -12.0% | -33.5% |
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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.
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