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 $331,911 $300,000 167 42 98.3% 11.6% 18.6% 0.0%
2004 $442,381 $400,000 188 36 97.1% 33.3% 33.3% 12.6%
2005 $481,247 $444,000 171 45 96.3% 8.8% 11.0% -9.0%
2006 $461,829 $447,000 130 56 96.8% -4.0% 0.7% -24.0%
2007 $443,026 $410,000 87 71 95.5% -4.1% -8.3% -33.1%
2008 $281,908 $220,000 139 87 96.7% -36.4% -46.3% 59.8%
2009 $216,310 $168,000 183 64 100.6% -23.3% -23.6% 31.7%

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 $222,252 $200,000 73 57 98.8% 53.7% 36.1% 114.7%
2004 $264,578 $240,000 111 24 99.8% 19.0% 20.0% 52.1%
2005 $361,178 $333,000 111 50 99.0% 36.5% 38.8% 0.0%
2006 $302,807 $308,400 67 58 97.3% -16.2% -7.4% -39.6%
2007 $301,906 $298,000 65 55 97.9% -0.3% -3.4% -3.0%
2008 $223,991 $206,000 72 98 96.7% -25.8% -30.9% 10.8%
2009 $157,232 $137,500 82 67 98.5% -29.8% -33.3% 13.9%

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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.