Encinitas Annual Real Estate Market Trends
| Encinitas | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $415,841 | $332,250 | 570 | 42 | 96.8% | |||
| 1999 | $458,650 | $367,250 | 580 | 50 | 96.8% | 10.3% | 10.5% | 1.8% |
| 2000 | $573,795 | $450,000 | 585 | 44 | 97.6% | 25.1% | 22.5% | 0.9% |
| 2001 | $587,649 | $455,000 | 533 | 46 | 96.3% | 2.4% | 1.1% | -8.9% |
| 2002 | $649,469 | $540,000 | 582 | 48 | 96.2% | 10.5% | 18.7% | 9.2% |
| 2003 | $783,508 | $650,000 | 665 | 51 | 96.9% | 20.6% | 20.4% | 14.3% |
| 2004 | $990,460 | $796,500 | 518 | 40 | 95.9% | 26.4% | 22.5% | -22.1% |
| 2005 | $1,123,245 | $885,500 | 466 | 52 | 95.8% | 13.4% | 11.2% | -10.0% |
| 2006 | $1,080,148 | $850,000 | 393 | 68 | 94.4% | -3.8% | -4.0% | -15.7% |
| 2007 | $1,117,167 | $877,000 | 390 | 64 | 94.4% | 3.4% | 3.2% | -0.8% |
| Encinitas | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $201,868 | $188,000 | 266 | 32 | 97.9% | |||
| 1999 | $215,393 | $197,000 | 283 | 40 | 98.% | 6.7% | 4.8% | 6.4% |
| 2000 | $243,709 | $215,000 | 227 | 25 | 98.8% | 13.1% | 9.1% | -19.8% |
| 2001 | $291,121 | $269,000 | 215 | 29 | 97.7% | 19.5% | 25.1% | -5.3% |
| 2002 | $343,251 | $315,000 | 237 | 34 | 97.7% | 17.9% | 17.1% | 10.2% |
| 2003 | $409,781 | $375,000 | 235 | 31 | 97.5% | 19.4% | 19.0% | -0.8% |
| 2004 | $470,924 | $444,000 | 225 | 24 | 98.% | 14.9% | 18.4% | -4.3% |
| 2005 | $562,278 | $510,000 | 215 | 47 | 96.4% | 19.4% | 14.9% | -4.4% |
| 2006 | $533,252 | $475,000 | 163 | 74 | 95.9% | -5.2% | -6.9% | -24.2% |
| 2007 | $518,715 | $450,000 | 141 | 75 | 96.2% | -2.7% | -5.3% | -13.5% |
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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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