Imperial Beach Annual Real Estate Market Trends
| Imperial Beach | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $152,368 | $144,950 | 80 | 71 | 98.1% | |||
| 1999 | $175,510 | $165,000 | 111 | 61 | 97.1% | 15.2% | 13.8% | 38.8% |
| 2000 | $210,101 | $194,950 | 106 | 37 | 97.4% | 19.7% | 18.2% | -4.5% |
| 2001 | $253,577 | $245,000 | 94 | 42 | 96.6% | 20.7% | 25.7% | -11.3% |
| 2002 | $311,876 | $299,000 | 93 | 49 | 98.1% | 23.0% | 22.0% | -1.1% |
| 2003 | $379,415 | $362,500 | 110 | 36 | 98.0% | 21.7% | 21.2% | 18.3% |
| 2004 | $503,510 | $494,500 | 102 | 43 | 96.9% | 32.7% | 36.4% | -7.3% |
| 2005 | $539,786 | $516,500 | 106 | 61 | 97.6% | 7.2% | 4.4% | 3.9% |
| 2006 | $560,850 | $505,000 | 94 | 101 | 95.4% | 3.9% | -2.2% | -11.3% |
| 2007 | $452,836 | $445,000 | 59 | 81 | 97.2% | -19.3% | -11.9% | -37.2% |
| Imperial Beach | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $167,330 | $135,000 | 37 | 114 | 95.9% | |||
| 1999 | $234,027 | $200,000 | 67 | 116 | 96.2% | 39.9% | 48.1% | 81.1% |
| 2000 | $215,409 | $190,000 | 53 | 82 | 97.1% | -8.0% | -5.0% | -20.9% |
| 2001 | $269,438 | $223,000 | 61 | 89 | 97.0% | 25.1% | 17.4% | 15.1% |
| 2002 | $293,421 | $260,000 | 85 | 89 | 98.4% | 8.9% | 16.6% | 39.3% |
| 2003 | $387,697 | $312,000 | 91 | 122 | 100.6% | 32.1% | 20.0% | 7.1% |
| 2004 | $477,218 | $410,000 | 102 | 45 | 96.6% | 23.1% | 31.4% | 12.1% |
| 2005 | $397,155 | $345,000 | 120 | 67 | 97.5% | -16.8% | -15.9% | 17.6% |
| 2006 | $479,690 | $369,990 | 71 | 67 | 97.4% | 20.8% | 7.2% | -40.8% |
| 2007 | $350,959 | $285,000 | 77 | 70 | 97.6% | -26.8% | -23.0% | 8.5% |
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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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