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 $261,253 $255,000 128 32 97.7% 36.3% 32.1% -9.9%
2004 $340,039 $345,000 167 38 98.7% 30.2% 35.3% 30.5%
2005 $385,676 $389,500 138 44 98.1% 13.4% 12.9% -17.4%
2006 $397,103 $395,000 112 49 97.4% 3.0% 1.4% -18.8%
2007 $365,351 $331,000 76 73 107.7% -8.0% -16.2% -32.1%

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 $177,147 $160,000 17 40 98.4% 27.8% 23.1% 0.0%
2004 $242,027 $255,000 59 38 97.6% 36.6% 59.4% 247.1%
2005 $295,829 $300,000 24 33 99.5% 22.2% 17.6% -59.3%
2006 $281,685 $294,900 40 33 100.6% -4.8% -1.7% 66.7%
2007 $242,730 $224,900 41 65 96.7% -13.8% -23.7% 2.5%

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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.