Logan Heights Annual Real Estate Market Trends

Logan Heights
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $90,492 $87,500 104 64 96.9%      
1999 $96,214 $95,000 141 54 97.9% 6.3% 8.6% 35.6%
2000 $126,259 $127,000 152 44 100.1% 31.2% 33.7% 7.8%
2001 $158,498 $161,000 104 35 98.1% 25.5% 26.8% -31.6%
2002 $191,734 $193,000 142 41 98.8% 21.0% 19.9% 36.5%
2003 $260,563 $255,000 134 33 98.3% 35.9% 32.1% -5.6%
2004 $340,679 $345,000 176 38 98.8% 30.7% 35.3% 31.3%
2005 $385,054 $389,000 155 43 98.1% 13.0% 12.8% -11.9%
2006 $395,574 $395,000 121 51 96.9% 2.7% 1.5% -21.9%
2007 $331,669 $325,000 78 71 97.5% -16.2% -17.7% -35.5%
2008 $185,588 $165,000 126 83 97.1% -44.0% -49.2% 61.5%
2009 $146,519 $135,000 240 61 100.0% -21.1% -18.2% 90.5%

Logan Heights
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $103,450 $103,450 2 25 113.7%      
1999 $63,645 $59,950 11 63 92.4% -38.5% -42.0% 450.0%
2000 $91,094 $89,000 5 29 100.8% 43.1% 48.5% -54.5%
2001 $101,005 $92,000 15 38 99.1% 10.9% 3.4% 200.0%
2002 $138,559 $130,000 17 35 98.9% 37.2% 41.3% 13.3%
2003 $175,639 $159,500 18 44 98.5% 26.8% 22.7% 5.9%
2004 $246,220 $259,950 66 32 98.4% 40.2% 63.0% 266.7%
2005 $286,293 $300,000 27 29 99.4% 16.3% 15.4% -59.1%
2006 $284,537 $294,900 43 33 100.7% -0.6% -1.7% 59.3%
2007 $242,730 $224,900 41 61 96.6% -14.7% -23.7% -4.7%
2008 $148,162 $136,000 41 65 96.2% -39.0% -39.5% 0.0%
2009 $83,789 $69,950 66 68 99.8% -43.4% -48.6% 61.0%

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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.