Scripps Miramar Annual Real Estate Market Trends

Scripps Miramar
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $327,337 $309,000 409 31 97.8%      
1999 $350,275 $325,000 464 35 97.7% 7.0% 5.2% 13.4%
2000 $412,217 $389,900 435 27 97.6% 17.7% 20.0% -6.3%
2001 $475,714 $440,000 429 33 97.1% 15.4% 12.8% -1.4%
2002 $521,307 $490,000 475 33 97.2% 9.6% 11.4% 10.7%
2003 $595,357 $565,000 492 30 97.7% 14.2% 15.3% 3.6%
2004 $756,549 $725,000 369 26 97.1% 27.1% 28.3% -25.0%
2005 $790,714 $750,000 407 40 96.7% 4.5% 3.4% 10.3%
2006 $808,396 $753,000 303 57 96.3% 2.2% 0.4% -25.6%
2007 $795,648 $750,000 277 48 96.2% -1.6% -0.4% -8.6%
2008 $718,888 $697,000 231 61 96.2% -9.6% -7.1% -16.6%
2009 $717,047 $682,758 278 62 96.9% -0.3% -2.0% 20.3%

Scripps Miramar
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $166,188 $159,500 177 35 98.1%      
1999 $180,696 $176,000 311 35 98.4% 8.7% 10.3% 75.7%
2000 $213,007 $214,450 290 19 98.6% 17.9% 21.8% -6.8%
2001 $241,997 $237,900 307 27 98.3% 13.6% 10.9% 5.9%
2002 $295,168 $292,500 371 22 98.5% 22.0% 23.0% 20.8%
2003 $346,078 $341,000 361 21 98.1% 17.2% 16.6% -2.7%
2004 $432,800 $430,750 378 24 98.3% 25.1% 26.3% 4.7%
2005 $454,665 $450,000 307 43 97.3% 5.1% 4.5% -18.8%
2006 $438,175 $430,000 201 65 96.4% -3.6% -4.4% -34.5%
2007 $407,573 $395,000 171 60 96.5% -7.0% -8.1% -14.9%
2008 $345,566 $340,000 133 60 96.7% -15.2% -13.9% -22.2%
2009 $318,710 $310,000 159 63 99.1% -7.8% -8.8% 19.5%

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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.