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 $418,355 $400,000 280 33 97.8% 18.4% 12.7% -7.9%
2004 $532,211 $520,000 325 32 98.0% 27.2% 30.0% 16.1%
2005 $592,982 $582,500 266 46 96.6% 11.4% 12.0% -18.2%
2006 $578,793 $568,000 241 57 96.2% -2.4% -2.5% -9.4%
2007 $552,134 $541,950 210 56 96.0% -4.6% -4.6% -12.9%

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 $418,355 $400,000 280 33 97.8% 18.4% 12.7% -7.9%
2004 $532,211 $520,000 325 32 98.0% 27.2% 30.0% 16.1%
2005 $592,982 $582,500 266 46 96.6% 11.4% 12.0% -18.2%
2006 $578,793 $568,000 241 57 96.2% -2.4% -2.5% -9.4%
2007 $552,029 $540,000 211 53 96.1% -4.6% -4.9% -12.4%
2008 $455,292 $450,000 199 48 96.4% -17.5% -16.7% -5.7%

To keep on top of the market, subscribe to our free monthly newsletter by clicking the subscribe button at the bottom right.

Detailed information on homes or neighborhoods can be had by calling or e-mailing us. Or, fill out our Buying or Selling forms located in the menu to the left.


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.