Lakeside Annual Real Estate Market Trends

Lakeside
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $185,010 $177,000 356 58 97.9%      
1999 $206,906 $197,172 320 44 97.9% 11.8% 11.4% -10.1%
2000 $240,842 $227,000 292 38 98.1% 16.4% 15.1% -8.8%
2001 $269,724 $254,750 340 48 97.5% 12.0% 12.2% 16.4%
2002 $315,859 $305,500 296 40 97.5% 17.1% 19.9% -12.9%
2003 $381,879 $379,500 362 37 97.2% 20.9% 24.2% 22.3%
2004 $483,885 $468,500 350 41 97.4% 26.7% 23.5% -3.3%
2005 $531,570 $507,500 314 52 97.0% 9.9% 8.3% -10.3%
2006 $509,316 $487,000 242 68 95.9% -4.2% -4.0% -22.9%
2007 $477,273 $460,153 184 74 95.5% -6.3% -5.5% -24.0%
Lemon Grove

Lakeside
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $62,138 $59,950 33 118 98.3%      
1999 $72,077 $65,250 46 27 99.2% 16.0% 8.8% 39.4%
2000 $92,638 $88,750 108 21 98.8% 28.5% 36.0% 134.8%
2001 $114,659 $112,250 94 28 98.1% 23.8% 26.5% -13.0%
2002 $148,259 $141,000 94 31 99.1% 29.3% 25.6% 0.0%
2003 $194,119 $187,000 94 32 99.1% 30.9% 32.6% 0.0%
2004 $245,130 $237,500 112 25 99.0% 26.3% 27.0% 19.1%
2005 $266,456 $268,250 120 54 99.4% 8.7% 12.9% 7.1%
2006 $264,426 $248,000 54 58 96.4% -0.8% -7.5% -55.0%
2007 $209,096 $195,000 51 71 98.0% -20.9% -21.4% -5.6%

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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.