North Park Annual Real Estate Market Trends
| North Park | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $171,848 | $165,500 | 370 | 41 | 98.2% | |||
| 1999 | $189,015 | $179,900 | 345 | 35 | 98.2% | 10.0% | 8.7% | -6.8% |
| 2000 | $251,532 | $242,500 | 311 | 27 | 98.4% | 33.1% | 34.8% | -9.9% |
| 2001 | $291,541 | $280,750 | 306 | 33 | 97.3% | 15.9% | 15.8% | -1.6% |
| 2002 | $353,213 | $355,000 | 304 | 31 | 98.3% | 21.2% | 26.4% | -0.7% |
| 2003 | $417,745 | $400,000 | 293 | 32 | 97.9% | 18.3% | 12.7% | -3.6% |
| 2004 | $527,915 | $520,000 | 333 | 31 | 97.5% | 26.4% | 30.0% | 13.7% |
| 2005 | $591,156 | $578,000 | 271 | 45 | 96.8% | 12.0% | 11.2% | -18.6% |
| 2006 | $579,390 | $568,000 | 249 | 59 | 96.2% | -2.0% | -1.7% | -8.1% |
| 2007 | $552,029 | $540,000 | 211 | 56 | 96.1% | -4.7% | -4.9% | -15.3% |
| 2008 | $455,315 | $450,000 | 200 | 53 | 97.4% | -17.5% | -16.7% | -5.2% |
| 2009 | $440,582 | $425,000 | 191 | 58 | 100.2% | -3.2% | -5.6% | -4.5% |
| North Park | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $82,720 | $71,000 | 79 | 54 | 97.9% | |||
| 1999 | $96,631 | $89,450 | 180 | 42 | 98.3% | 16.8% | 26.0% | 127.8% |
| 2000 | $122,842 | $120,000 | 200 | 39 | 99.4% | 27.1% | 34.2% | 11.1% |
| 2001 | $153,516 | $149,950 | 180 | 28 | 98.0% | 25.0% | 25.0% | -10.0% |
| 2002 | $197,821 | $187,250 | 200 | 25 | 98.9% | 28.9% | 24.9% | 11.1% |
| 2003 | $243,862 | $249,900 | 297 | 32 | 98.5% | 23.3% | 33.5% | 48.5% |
| 2004 | $312,323 | $318,500 | 322 | 30 | 99.2% | 28.1% | 27.5% | 8.4% |
| 2005 | $338,261 | $344,950 | 254 | 50 | 97.6% | 8.3% | 8.3% | -21.1% |
| 2006 | $310,265 | $300,000 | 242 | 66 | 97.0% | -8.3% | -13.0% | -4.7% |
| 2007 | $271,750 | $267,500 | 233 | 58 | 97.4% | -12.4% | -10.8% | -3.7% |
| 2008 | $248,739 | $236,000 | 166 | 74 | 97.0% | -8.5% | -11.8% | -28.8% |
| 2009 | $185,810 | $180,750 | 206 | 81 | 100.2% | -25.3% | -23.4% | 24.1% |
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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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