Paradise Hills Annual Real Estate Market Trends
| Paradise Hills | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $143,796 | $142,000 | 185 | 77 | 98.2% | |||
| 1999 | $157,270 | $158,000 | 203 | 53 | 99.1% | 9.4% | 11.3% | 9.7% |
| 2000 | $184,186 | $182,000 | 181 | 33 | 99.4% | 17.1% | 15.2% | -10.8% |
| 2001 | $215,942 | $219,000 | 199 | 40 | 98.5% | 17.2% | 20.3% | 9.9% |
| 2002 | $259,012 | $260,000 | 194 | 34 | 98.3% | 19.9% | 18.7% | -2.5% |
| 2003 | $326,444 | $325,000 | 196 | 33 | 98.9% | 26.0% | 25.0% | 1.0% |
| 2004 | $417,562 | $415,000 | 206 | 24 | 98.3% | 27.9% | 27.7% | 5.1% |
| 2005 | $474,233 | $470,000 | 183 | 48 | 98.0% | 13.6% | 13.3% | -11.2% |
| 2006 | $468,548 | $465,000 | 126 | 59 | 97.2% | -1.2% | -1.1% | -31.1% |
| 2007 | $421,052 | $424,000 | 73 | 74 | 96.8% | -10.1% | -8.8% | -42.1% |
| Paradise Hills | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $101,978 | $99,500 | 78 | 50 | 98.6% | |||
| 1999 | $115,967 | $115,000 | 176 | 51 | 99.2% | 13.7% | 15.6% | 125.6% |
| 2000 | $133,398 | $135,950 | 216 | 29 | 99.3% | 15.0% | 18.2% | 22.7% |
| 2001 | $166,430 | $166,500 | 223 | 23 | 99.1% | 24.8% | 22.5% | 3.2% |
| 2002 | $201,092 | $199,000 | 202 | 29 | 99.2% | 20.8% | 19.5% | -9.4% |
| 2003 | $255,112 | $250,000 | 228 | 28 | 98.9% | 26.9% | 25.6% | 12.9% |
| 2004 | $329,764 | $336,000 | 219 | 28 | 98.9% | 29.3% | 34.4% | -3.9% |
| 2005 | $366,441 | $370,000 | 175 | 55 | 98.2% | 11.1% | 10.1% | -20.1% |
| 2006 | $364,437 | $365,000 | 99 | 66 | 98.4% | -0.5% | -1.4% | -43.4% |
| 2007 | $293,814 | $296,900 | 75 | 79 | 97.2% | -19.4% | -18.7% | -24.2% |
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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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