Mira Mesa Annual Real Estate Market Trends
| Mira Mesa | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $185,925 | $178,000 | 644 | 34 | 98.7% | |||
| 1999 | $208,045 | $202,750 | 688 | 31 | 98.6% | 11.9% | 13.9% | 6.8% |
| 2000 | $247,292 | $239,900 | 622 | 24 | 98.7% | 18.9% | 18.3% | -9.6% |
| 2001 | $281,204 | $270,000 | 645 | 30 | 98.4% | 13.7% | 12.5% | 3.7% |
| 2002 | $334,888 | $330,000 | 681 | 25 | 98.3% | 19.1% | 22.2% | 5.6% |
| 2003 | $386,803 | $385,000 | 741 | 27 | 98.2% | 15.5% | 16.7% | 8.8% |
| 2004 | $494,335 | $495,000 | 707 | 23 | 98.4% | 27.8% | 28.6% | -4.6% |
| 2005 | $529,556 | $527,000 | 634 | 39 | 97.6% | 7.1% | 6.5% | -10.3% |
| 2006 | $509,584 | $507,000 | 416 | 61 | 97.3% | -3.8% | -3.8% | -34.4% |
| 2007 | $475,947 | $472,500 | 327 | 60 | 96.8% | -6.6% | -6.8% | -21.4% |
| 2008 | $394,584 | $388,000 | 442 | 62 | 99.5% | -17.1% | -17.9% | 35.2% |
| 2009 | $377,985 | $375,000 | 407 | 60 | 100.5% | -4.2% | -3.4% | -7.9% |
| Mira Mesa | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $110,157 | $109,000 | 236 | 43 | 98.5% | |||
| 1999 | $121,871 | $117,000 | 448 | 31 | 99.0% | 10.6% | 7.3% | 89.8% |
| 2000 | $145,942 | $143,200 | 419 | 18 | 99.2% | 19.8% | 22.4% | -6.5% |
| 2001 | $175,773 | $172,000 | 472 | 24 | 98.8% | 20.4% | 20.1% | 12.6% |
| 2002 | $212,279 | $213,900 | 483 | 20 | 98.7% | 20.8% | 24.4% | 2.3% |
| 2003 | $254,564 | $254,500 | 493 | 28 | 98.4% | 19.9% | 19.0% | 2.1% |
| 2004 | $331,628 | $335,000 | 485 | 21 | 98.8% | 30.3% | 31.6% | -1.6% |
| 2005 | $342,386 | $340,000 | 436 | 39 | 97.8% | 3.2% | 1.5% | -10.1% |
| 2006 | $324,855 | $320,000 | 207 | 71 | 96.9% | -5.1% | -5.9% | -52.5% |
| 2007 | $299,829 | $297,000 | 206 | 73 | 96.4% | -7.7% | -7.2% | -0.5% |
| 2008 | $229,432 | $217,100 | 275 | 62 | 98.1% | -23.5% | -26.9% | 33.5% |
| 2009 | $198,402 | $195,500 | 252 | 71 | 100.3% | -13.5% | -9.9% | -8.4% |
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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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