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 $429,047 $402,000 661 55 97.7% 16.3% 14.9% 16.8%
2004 $517,685 $500,000 631 46 97.4% 20.7% 24.4% -4.5%
2005 $588,785 $545,000 573 71 96.7% 13.7% 9.0% -9.2%
2006 $581,904 $544,000 390 84 96.1% -1.2% -0.2% -31.9%
2007 $560,401 $520,000 308 97 95.2% -3.7% -4.4% -21.0%
2008 $415,369 $385,000 307 90 96.3% -25.9% -26.0% -0.3%
2009 $337,002 $323,000 387 86 98.5% -18.9% -16.1% 26.1%

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 $232,352 $238,500 72 37 98.5% 13.7% 16.3% 53.2%
2004 $277,229 $285,000 45 24 98.4% 19.3% 19.5% -37.5%
2005 $331,498 $335,000 57 69 97.2% 19.6% 17.5% 26.7%
2006 $358,667 $333,000 30 54 98.6% 8.2% -0.6% -47.4%
2007 $327,048 $335,000 29 67 97.8% -8.8% 0.6% -3.3%
2008 $159,058 $162,500 32 81 97.1% -51.4% -51.5% 10.3%
2009 $145,405 $142,000 55 95 97.2% -8.6% -12.6% 71.9%

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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.