Santee Annual Real Estate Market Trends
| Santee | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $168,152 | $169,900 | 472 | 37 | 98.7% | |||
| 1999 | $188,670 | $187,000 | 461 | 26 | 99.0% | 12.2% | 10.1% | -2.3% |
| 2000 | $221,400 | $219,000 | 407 | 25 | 98.7% | 17.3% | 17.1% | -11.7% |
| 2001 | $250,305 | $244,000 | 466 | 31 | 98.9% | 13.1% | 11.4% | 14.5% |
| 2002 | $295,069 | $292,500 | 389 | 26 | 98.5% | 17.9% | 19.9% | -16.5% |
| 2003 | $357,523 | $347,950 | 466 | 30 | 98.2% | 21.2% | 19.0% | 19.8% |
| 2004 | $452,581 | $445,450 | 418 | 23 | 98.5% | 26.6% | 28.0% | -10.3% |
| 2005 | $492,383 | $475,000 | 421 | 45 | 99.7% | 8.8% | 6.6% | 0.7% |
| 2006 | $481,190 | $467,750 | 324 | 60 | 97.3% | -2.3% | -1.5% | -23.0% |
| 2007 | $449,781 | $436,000 | 254 | 60 | 96.9% | -6.5% | -6.8% | -21.6% |
| Santee | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $100,437 | $102,000 | 189 | 51 | 98.7% | |||
| 1999 | $112,151 | $113,000 | 296 | 30 | 99.2% | 11.7% | 10.8% | 56.6% |
| 2000 | $129,418 | $128,000 | 305 | 18 | 99.5% | 15.4% | 13.3% | 3.0% |
| 2001 | $156,746 | $153,550 | 288 | 17 | 99.4% | 21.1% | 20.0% | -5.6% |
| 2002 | $203,152 | $202,000 | 309 | 17 | 99.5% | 29.6% | 31.6% | 7.3% |
| 2003 | $241,383 | $238,000 | 293 | 26 | 98.6% | 18.8% | 17.8% | -5.2% |
| 2004 | $309,980 | $310,000 | 349 | 20 | 98.7% | 28.4% | 30.3% | 19.1% |
| 2005 | $327,555 | $325,000 | 292 | 48 | 98.4% | 5.7% | 4.8% | -16.3% |
| 2006 | $331,836 | $330,000 | 151 | 64 | 97.5% | 1.3% | 1.5% | -48.3% |
| 2007 | $293,087 | $295,000 | 130 | 58 | 97.1% | -11.7% | -10.6% | -13.9% |
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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.
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