Solana Beach Annual Real Estate Market Trends
| Solana Beach | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $534,343 | $500,000 | 134 | 65 | 95.9% | |||
| 1999 | $592,887 | $540,000 | 129 | 69 | 96.3% | 11.0% | 8.0% | -3.7% |
| 2000 | $735,507 | $645,000 | 128 | 59 | 95.7% | 24.1% | 19.4% | -0.8% |
| 2001 | $796,211 | $678,500 | 88 | 60 | 94.9% | 8.3% | 5.2% | -31.3% |
| 2002 | $794,527 | $710,000 | 124 | 65 | 94.2% | -0.2% | 4.6% | 40.9% |
| 2003 | $911,219 | $786,500 | 132 | 62 | 96.5% | 14.7% | 10.8% | 6.5% |
| 2004 | $1,299,120 | $1,149,000 | 101 | 47 | 96.5% | 42.6% | 46.1% | -23.5% |
| 2005 | $1,325,470 | $1,170,000 | 87 | 58 | 94.5% | 2.0% | 1.8% | -13.9% |
| 2006 | $1,420,920 | $1,200,000 | 89 | 61 | 93.9% | 7.2% | 2.6% | 2.3% |
| 2007 | $1,377,310 | $1,237,500 | 72 | 79 | 94.0% | -3.1% | 3.1% | -19.1% |
| 2008 | $1,549,700 | $1,237,500 | 69 | 84 | 91.3% | 12.5% | 0.0% | -4.2% |
| 2009 | $1,303,010 | $1,075,000 | 67 | 112 | 92.3% | -15.9% | -13.1% | -2.9% |
| Solana Beach | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $279,805 | $239,500 | 152 | 51 | 96.1% | |||
| 1999 | $339,449 | $317,500 | 163 | 48 | 96.3% | 21.3% | 32.6% | 7.2% |
| 2000 | $396,636 | $360,000 | 164 | 41 | 96.6% | 16.8% | 13.4% | 0.6% |
| 2001 | $422,759 | $380,000 | 126 | 51 | 96.3% | 6.6% | 5.6% | -23.2% |
| 2002 | $455,547 | $425,000 | 166 | 61 | 96.9% | 7.8% | 11.8% | 31.7% |
| 2003 | $525,003 | $485,000 | 171 | 39 | 97.3% | 15.2% | 14.1% | 3.0% |
| 2004 | $670,604 | $645,000 | 149 | 31 | 97.9% | 27.7% | 33.0% | -12.9% |
| 2005 | $750,109 | $700,000 | 119 | 43 | 96.9% | 11.9% | 8.5% | -20.1% |
| 2006 | $778,020 | $700,000 | 96 | 66 | 94.9% | 3.7% | 0.0% | -19.3% |
| 2007 | $696,840 | $642,500 | 82 | 68 | 95.0% | -10.4% | -8.2% | -14.6% |
| 2008 | $683,867 | $625,000 | 67 | 74 | 94.2% | -1.9% | -2.7% | -18.3% |
| 2009 | $606,411 | $570,000 | 87 | 79 | 93.9% | -11.3% | -8.8% | 29.9% |
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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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