Fallbrook Annual Real Estate Market Trends
| Fallbrook | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $254,295 | $222,750 | 600 | 90 | 96.6% | |||
| 1999 | $283,805 | $245,000 | 665 | 78 | 96.4% | 11.6% | 10.0% | 10.8% |
| 2000 | $318,717 | $282,500 | 613 | 78 | 97.0% | 12.3% | 15.3% | -7.8% |
| 2001 | $363,604 | $317,750 | 586 | 72 | 97.6% | 14.1% | 12.5% | -4.4% |
| 2002 | $397,212 | $349,950 | 694 | 64 | 97.2% | 9.2% | 10.1% | 18.4% |
| 2003 | $448,027 | $408,500 | 760 | 57 | 97.6% | 12.8% | 16.7% | 9.5% |
| 2004 | $581,415 | $520,000 | 796 | 58 | 97.3% | 29.8% | 27.3% | 4.7% |
| 2005 | $642,852 | $580,000 | 711 | 69 | 97.1% | 10.6% | 11.5% | -10.7% |
| 2006 | $650,289 | $570,000 | 529 | 80 | 96.2% | 1.2% | -1.7% | -25.6% |
| 2007 | $622,427 | $544,000 | 347 | 96 | 95.7% | -4.3% | -4.6% | -34.4% |
| 2008 | $453,893 | $385,000 | 350 | 83 | 95.9% | -27.1% | -29.2% | 0.9% |
| 2009 | $373,751 | $335,000 | 515 | 88 | 97.5% | -17.7% | -13.0% | 47.1% |
| Fallbrook | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $117,314 | $121,200 | 44 | 114 | 97.2% | |||
| 1999 | $129,260 | $124,000 | 43 | 86 | 97.8% | 10.2% | 2.3% | -2.3% |
| 2000 | $163,478 | $174,900 | 45 | 74 | 97.6% | 26.5% | 41.0% | 4.7% |
| 2001 | $171,584 | $170,000 | 37 | 41 | 98.1% | 5.0% | -2.8% | -17.8% |
| 2002 | $183,422 | $156,000 | 40 | 41 | 97.9% | 6.9% | -8.2% | 8.1% |
| 2003 | $238,550 | $234,250 | 40 | 34 | 98.8% | 30.1% | 50.2% | 0.0% |
| 2004 | $300,750 | $323,750 | 22 | 29 | 97.3% | 26.1% | 38.2% | -45.0% |
| 2005 | $349,114 | $350,000 | 22 | 52 | 97.0% | 16.1% | 8.1% | 0.0% |
| 2006 | $335,433 | $360,000 | 15 | 63 | 96.9% | -3.9% | 2.9% | -31.8% |
| 2007 | $316,895 | $322,750 | 20 | 129 | 96.3% | -5.5% | -10.3% | 33.3% |
| 2008 | $247,778 | $275,000 | 9 | 81 | 95.1% | -21.8% | -14.8% | -55.0% |
| 2009 | $147,102 | $83,000 | 21 | 88 | 97.0% | -40.6% | -69.8% | 133.3% |
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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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