Golden Hill Annual Real Estate Market Trends

Golden Hill
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $128,487 $120,000 174 57 97.8%      
1999 $152,775 $135,000 186 49 98.1% 18.9% 12.5% 6.9%
2000 $175,893 $153,000 170 41 98.4% 15.1% 13.3% -8.6%
2001 $223,469 $195,174 152 41 97.7% 27.0% 27.6% -10.6%
2002 $297,508 $253,000 167 42 97.5% 33.1% 29.6% 9.9%
2003 $337,078 $302,500 155 42 97.6% 13.3% 19.6% -7.2%
2004 $447,433 $400,000 177 37 96.3% 32.7% 32.2% 14.2%
2005 $487,641 $455,000 158 47 96.5% 9.0% 13.8% -10.7%
2006 $471,819 $449,500 120 56 97.3% -3.2% -1.2% -24.1%
2007 $447,899 $410,000 86 71 95.4% -5.1% -8.8% -28.3%

Golden Hill
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $70,247 $56,500 17 90 97.1%      
1999 $90,323 $94,000 33 77 98.5% 28.6% 66.4% 94.1%
2000 $104,737 $90,750 36 43 99.6% 16.0% -3.5% 9.1%
2001 $109,466 $104,250 40 24 98.2% 4.5% 14.9% 11.1%
2002 $144,613 $147,000 34 24 99.8% 32.1% 41.0% -15.0%
2003 $224,946 $200,000 67 55 98.6% 55.6% 36.1% 97.1%
2004 $265,356 $240,000 103 23 99.5% 18.0% 20.0% 53.7%
2005 $364,908 $334,000 106 51 99.0% 37.5% 39.2% 2.9%
2006 $301,343 $306,500 62 55 97.0% -17.4% -8.2% -41.5%
2007 $304,709 $298,950 64 51 98.2% 1.1% -2.5% 3.2%

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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.