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 $513,227 $507,500 211 35 98.2% 15.9% 16.1% 20.6%
2004 $621,178 $626,000 162 27 98.1% 21.0% 23.3% -23.2%
2005 $669,491 $664,000 160 36 97.2% 7.8% 6.1% -1.2%
2006 $644,992 $630,000 141 52 97.0% -3.7% -5.1% -11.9%
2007 $627,766 $610,000 105 54 96.5% -2.7% -3.2% -25.5%
2008 $560,451 $550,000 91 57 97.2% -10.7% -9.8% -13.3%
2009 $510,115 $522,250 98 64 98.3% -9.0% -5.0% 7.7%

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 $347,646 $350,000 136 22 98.4% 15.7% 16.3% 2.3%
2004 $440,666 $431,000 144 27 98.7% 26.8% 23.1% 5.9%
2005 $453,133 $448,000 148 50 97.2% 2.8% 3.9% 2.8%
2006 $437,314 $427,000 96 63 96.3% -3.5% -4.7% -35.1%
2007 $396,749 $392,250 82 64 96.8% -9.3% -8.1% -14.6%
2008 $350,843 $350,000 64 66 96.9% -11.6% -10.8% -22.0%
2009 $334,603 $332,500 78 58 98.7% -4.6% -5.0% 21.9%

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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.