South San Diego County Annual Real Estate Market Trends
| South San Diego County | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $192,789 | $169,900 | 1,848 | 67 | 97.6% | |||
| 1999 | $205,309 | $180,000 | 2,034 | 56 | 98.2% | 6.5% | 5.9% | 10.1% |
| 2000 | $238,494 | $215,000 | 2,021 | 41 | 98.1% | 16.2% | 19.4% | -0.6% |
| 2001 | $275,221 | $253,000 | 2,096 | 40 | 97.9% | 15.4% | 17.7% | 3.7% |
| 2002 | $333,303 | $315,000 | 2,717 | 39 | 98.3% | 21.1% | 24.5% | 29.6% |
| 2003 | $413,587 | $387,250 | 2,988 | 39 | 97.7% | 24.1% | 22.9% | 10.0% |
| 2004 | $547,247 | $525,000 | 3,119 | 29 | 98.0% | 32.3% | 35.6% | 4.4% |
| 2005 | $617,923 | $580,000 | 2,927 | 52 | 97.7% | 12.9% | 10.5% | -6.2% |
| 2006 | $615,002 | $565,000 | 2,122 | 68 | 96.8% | -0.5% | -2.6% | -27.5% |
| 2007 | $550,497 | $505,000 | 1,463 | 72 | 96.5% | -10.5% | -10.6% | -31.1% |
| South San Diego County | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $117,858 | $107,150 | 360 | 73 | 97.7% | |||
| 1999 | $127,972 | $115,000 | 880 | 59 | 98.4% | 8.6% | 7.3% | 144.4% |
| 2000 | $139,858 | $131,000 | 991 | 35 | 99.0% | 9.3% | 13.9% | 12.6% |
| 2001 | $174,072 | $167,900 | 973 | 32 | 98.7% | 24.5% | 28.2% | -1.8% |
| 2002 | $216,042 | $214,000 | 1,156 | 31 | 99.0% | 24.1% | 27.5% | 18.8% |
| 2003 | $267,330 | $260,000 | 1,404 | 38 | 98.7% | 23.7% | 21.5% | 21.5% |
| 2004 | $339,910 | $330,000 | 1,441 | 22 | 98.1% | 27.1% | 26.9% | 2.6% |
| 2005 | $376,434 | $375,000 | 1,448 | 52 | 98.2% | 10.7% | 13.6% | 0.5% |
| 2006 | $367,923 | $364,750 | 948 | 66 | 97.9% | -2.3% | -2.7% | -34.5% |
| 2007 | $329,966 | $325,000 | 697 | 72 | 97.5% | -10.3% | -10.9% | -26.5% |
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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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