Point Loma Annual Real Estate Market Trends
| Point Loma | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $432,146 | $359,500 | 247 | 66 | 96.3% | |||
| 1999 | $485,348 | $404,000 | 194 | 63 | 95.2% | 12.3% | 12.4% | -21.5% |
| 2000 | $583,428 | $475,000 | 206 | 57 | 94.7% | 20.2% | 17.6% | 6.2% |
| 2001 | $619,269 | $544,500 | 148 | 52 | 95.7% | 6.1% | 14.6% | -28.2% |
| 2002 | $731,586 | $608,000 | 192 | 63 | 94.9% | 18.1% | 11.7% | 29.7% |
| 2003 | $841,950 | $700,000 | 215 | 56 | 96.8% | 15.1% | 15.1% | 12.0% |
| 2004 | $934,870 | $795,000 | 177 | 44 | 96.9% | 11.0% | 13.6% | -17.7% |
| 2005 | $1,104,140 | $900,000 | 165 | 53 | 96.0% | 18.1% | 13.2% | -6.8% |
| 2006 | $1,215,070 | $950,000 | 147 | 69 | 95.1% | 10.0% | 5.6% | -10.9% |
| 2007 | $1,057,170 | $907,500 | 152 | 76 | 95.0% | -13.0% | -4.5% | 3.4% |
| 2008 | $1,008,000 | $860,750 | 112 | 71 | 95.1% | -4.7% | -5.2% | -26.3% |
| 2009 | $837,768 | $766,000 | 126 | 74 | 95.9% | -16.9% | -11.0% | 12.5% |
| Point Loma | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $210,996 | $189,500 | 40 | 100 | 96.9% | |||
| 1999 | $216,746 | $194,500 | 37 | 37 | 97.5% | 2.7% | 2.6% | -7.5% |
| 2000 | $300,862 | $272,500 | 34 | 30 | 96.0% | 38.8% | 40.1% | -8.1% |
| 2001 | $322,445 | $300,000 | 31 | 46 | 96.1% | 7.2% | 10.1% | -8.8% |
| 2002 | $381,718 | $360,000 | 40 | 58 | 96.8% | 18.4% | 20.0% | 29.0% |
| 2003 | $443,995 | $409,000 | 37 | 42 | 97.8% | 16.3% | 13.6% | -7.5% |
| 2004 | $553,510 | $549,876 | 29 | 30 | 97.3% | 24.7% | 34.4% | -21.6% |
| 2005 | $644,163 | $575,000 | 23 | 37 | 96.0% | 16.4% | 4.6% | -20.7% |
| 2006 | $433,846 | $438,900 | 56 | 55 | 97.6% | -32.6% | -23.7% | 143.5% |
| 2007 | $519,812 | $490,000 | 51 | 74 | 96.4% | 19.8% | 11.6% | -8.9% |
| 2008 | $538,685 | $480,000 | 46 | 82 | 96.4% | 3.6% | -2.0% | -9.8% |
| 2009 | $569,226 | $490,000 | 31 | 72 | 95.4% | 5.7% | 2.1% | -32.6% |
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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.
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