Ramona Annual Real Estate Market Trends
| Ramona | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $217,234 | $201,700 | 582 | 79 | 97.3% | |||
| 1999 | $247,496 | $225,000 | 568 | 65 | 97.3% | 13.9% | 11.6% | -2.4% |
| 2000 | $298,314 | $265,000 | 569 | 65 | 97.5% | 20.5% | 17.8% | 0.2% |
| 2001 | $318,569 | $293,000 | 583 | 71 | 97.4% | 6.8% | 10.6% | 2.5% |
| 2002 | $368,780 | $350,000 | 566 | 58 | 97.5% | 15.8% | 19.5% | -2.9% |
| 2003 | $432,548 | $405,000 | 634 | 56 | 97.6% | 17.3% | 15.7% | 12.0% |
| 2004 | $530,592 | $504,250 | 604 | 45 | 97.3% | 22.7% | 24.5% | -4.7% |
| 2005 | $599,976 | $550,000 | 556 | 73 | 96.6% | 13.1% | 9.1% | -7.9% |
| 2006 | $594,188 | $548,500 | 376 | 83 | 96.3% | -1.0% | -0.3% | -32.4% |
| 2007 | $586,447 | $528,500 | 292 | 97 | 94.9% | -1.3% | -3.6% | -22.3% |
| Ramona | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $107,741 | $117,500 | 38 | 57 | 96.5% | |||
| 1999 | $114,359 | $120,000 | 70 | 57 | 97.7% | 6.1% | 2.1% | 84.2% |
| 2000 | $132,456 | $150,150 | 50 | 32 | 99.0% | 15.8% | 25.1% | -28.6% |
| 2001 | $154,983 | $172,900 | 35 | 25 | 98.9% | 17.0% | 15.2% | -30.0% |
| 2002 | $204,290 | $205,000 | 47 | 50 | 97.7% | 31.8% | 18.6% | 34.3% |
| 2003 | $231,382 | $237,000 | 69 | 37 | 98.0% | 13.3% | 15.6% | 46.8% |
| 2004 | $277,333 | $285,000 | 43 | 25 | 97.9% | 19.9% | 20.3% | -37.7% |
| 2005 | $331,525 | $337,500 | 56 | 69 | 97.1% | 19.5% | 18.4% | 30.2% |
| 2006 | $358,667 | $333,000 | 30 | 54 | 98.5% | 8.2% | -1.3% | -46.4% |
| 2007 | $326,764 | $335,000 | 28 | 69 | 97.5% | -8.9% | 0.6% | -6.7% |
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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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