Coastal North San Diego County Annual Real Estate Market Trends

Coastal North San Diego County
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $375,967 $245,000 6,966 56 95.9%      
1999 $421,720 $268,530 7,619 55 95.6% 12.2% 9.6% 9.4%
2000 $505,745 $318,000 7,377 50 95.9% 19.9% 18.4% -3.2%
2001 $490,938 $345,000 7,011 50 95.5% -2.9% 8.5% -5.0%
2002 $567,639 $410,000 8,220 50 95.6% 15.6% 18.8% 17.2%
2003 $653,198 $480,000 8,542 49 96.0% 15.1% 17.1% 3.9%
2004 $845,244 $620,000 7,748 42 95.3% 29.4% 29.2% -9.3%
2005 $918,972 $660,000 7,110 55 94.4% 8.7% 6.5% -8.2%
2006 $954,306 $650,000 5,370 68 94.6% 3.8% -1.5% -24.5%
2007 $980,062 $677,000 4,908 74 94.1% 2.7% 4.2% -8.6%

Coastal North San Diego County
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $184,888 $158,900 3,059 49 97.5%      
1999 $205,563 $170,000 3,641 45 97.5% 11.2% 7.0% 19.0%
2000 $236,421 $196,000 3,792 36 97.9% 15.0% 15.3% 4.1%
2001 $273,763 $230,000 3,211 38 97.6% 15.8% 17.3% -15.3%
2002 $326,511 $275,500 3,781 43 97.6% 19.3% 19.8% 17.8%
2003 $363,123 $324,500 3,919 37 97.5% 11.2% 17.8% 3.6%
2004 $479,359 $410,000 3,792 30 97.7% 32.0% 26.3% -3.2%
2005 $499,698 $435,000 3,585 52 96.9% 4.2% 6.1% -5.5%
2006 $492,915 $415,000 2,489 70 95.8% -1.4% -4.6% -30.6%
2007 $492,709 $424,000 2,349 72 95.8% 0.0% 2.2% -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.