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 $598,095 $567,000 483 30 97.4% 14.7% 15.7% 1.7%
2004 $756,641 $725,000 360 26 96.9% 26.5% 27.9% -25.5%
2005 $787,164 $750,000 400 41 96.3% 4.0% 3.4% 11.1%
2006 $803,125 $745,500 296 56 96.1% 2.0% -0.6% -26.0%
2007 $795,984 $750,000 276 49 96.1% -0.9% 0.6% -6.8%

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 $345,851 $341,000 357 21 98.1% 17.2% 16.6% -3.8%
2004 $434,248 $432,000 365 25 98.1% 25.6% 26.7% 2.2%
2005 $455,057 $450,000 301 45 97.3% 4.8% 4.2% -17.5%
2006 $438,534 $430,000 199 66 96.3% -3.6% -4.4% -33.9%
2007 $407,573 $395,000 171 60 96.5% -7.1% -8.1% -14.1%

To keep on top of the market, subscribe to our free monthly newsletter by clicking the subscribe button at the bottom right.

Detailed information on homes or neighborhoods can be had by calling or e-mailing us. Or, fill out our Buying or Selling forms located in the menu to the left.


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.