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 | $389,022 | $385,000 | 715 | 27 | 98.1% | 16.2% | 16.7% | 5.0% |
| 2004 | $506,813 | $500,000 | 661 | 23 | 98.4% | 30.3% | 29.9% | -7.6% |
| 2005 | $535,669 | $528,250 | 606 | 40 | 97.6% | 5.7% | 5.7% | -8.3% |
| 2006 | $514,196 | $507,000 | 393 | 61 | 97.3% | -4.0% | -4.0% | -35.1% |
| 2007 | $486,528 | $475,000 | 318 | 60 | 96.8% | -5.4% | -6.3% | -19.1% |
| 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 | $254,320 | $252,500 | 475 | 28 | 98.3% | 19.8% | 18.0% | -1.7% |
| 2004 | $332,494 | $335,000 | 465 | 21 | 98.7% | 30.7% | 32.7% | -2.1% |
| 2005 | $341,258 | $340,000 | 435 | 46 | 97.8% | 2.6% | 1.5% | -6.5% |
| 2006 | $327,328 | $320,000 | 201 | 73 | 96.7% | -4.1% | -5.9% | -53.8% |
| 2007 | $301,088 | $297,000 | 203 | 74 | 96.2% | -8.0% | -7.2% | 1.0% |
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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.
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