Tierrasanta Annual Real Estate Market Trends

Tierrasanta
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $261,590 $255,000 194 29 97.9%      
1999 $301,916 $299,900 235 33 98.0% 15.4% 17.6% 21.1%
2000 $346,335 $349,900 181 24 98.4% 14.7% 16.7% -23.0%
2001 $387,581 $380,000 171 26 98.3% 11.9% 8.6% -5.5%
2002 $442,704 $437,000 175 31 98.3% 14.2% 15.0% 2.3%
2003 $513,761 $510,000 209 34 98.1% 16.1% 16.7% 19.4%
2004 $623,801 $626,000 154 26 97.9% 21.4% 22.7% -26.3%
2005 $669,789 $662,500 154 37 97.0% 7.4% 5.8% 0.0%
2006 $645,568 $630,000 139 53 96.9% -3.6% -4.9% -9.7%
2007 $627,909 $610,000 105 54 96.5% -2.7% -3.2% -24.5%

Tierrasanta
(Condominiums)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $163,284 $162,000 105 36 98.6%      
1999 $182,268 $180,000 139 26 98.6% 11.6% 11.1% 32.4%
2000 $220,615 $214,000 164 23 98.8% 21.0% 18.9% 18.0%
2001 $249,353 $240,000 160 29 98.7% 13.0% 12.1% -2.4%
2002 $300,445 $301,000 133 17 99.3% 20.5% 25.4% -16.9%
2003 $347,461 $350,000 130 23 98.4% 15.6% 16.3% -2.3%
2004 $440,530 $430,000 136 27 98.6% 26.8% 22.9% 4.6%
2005 $453,437 $448,000 147 52 97.2% 2.9% 4.2% 8.1%
2006 $437,417 $427,000 94 63 96.4% -3.5% -4.7% -36.1%
2007 $396,647 $392,000 81 63 96.8% -9.3% -8.2% -13.8%

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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.