University City Annual Real Estate Market Trends
| University City | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $306,435 | $293,000 | 184 | 31 | 98.1% | |||
| 1999 | $365,017 | $350,000 | 182 | 38 | 97.7% | 19.1% | 19.5% | -1.1% |
| 2000 | $420,769 | $406,500 | 170 | 32 | 97.9% | 15.3% | 16.1% | -6.6% |
| 2001 | $464,335 | $446,000 | 147 | 38 | 97.2% | 10.4% | 9.7% | -13.5% |
| 2002 | $527,749 | $515,000 | 155 | 51 | 97.4% | 13.7% | 15.5% | 5.4% |
| 2003 | $573,178 | $562,500 | 180 | 36 | 97.6% | 8.6% | 9.2% | 16.1% |
| 2004 | $712,033 | $700,000 | 149 | 27 | 97.8% | 24.2% | 24.4% | -17.2% |
| 2005 | $743,978 | $726,000 | 153 | 40 | 96.9% | 4.5% | 3.7% | 2.7% |
| 2006 | $733,269 | $705,500 | 104 | 60 | 95.8% | -1.4% | -2.8% | -32.0% |
| 2007 | $716,835 | $675,000 | 120 | 49 | 96.8% | -2.2% | -4.3% | 15.4% |
| 2008 | $658,308 | $628,500 | 86 | 59 | 95.3% | -8.2% | -6.9% | -28.3% |
| 2009 | $624,365 | $619,950 | 98 | 63 | 96.5% | -5.2% | -1.4% | 14.0% |
| University City | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $184,635 | $170,000 | 301 | 31 | 98.5% | |||
| 1999 | $211,005 | $188,000 | 379 | 33 | 98.3% | 14.3% | 10.6% | 25.9% |
| 2000 | $252,430 | $235,000 | 327 | 24 | 98.3% | 19.6% | 25.0% | -13.7% |
| 2001 | $289,799 | $270,000 | 326 | 32 | 97.6% | 14.8% | 14.9% | -0.3% |
| 2002 | $323,773 | $304,250 | 355 | 32 | 97.8% | 11.7% | 12.7% | 8.9% |
| 2003 | $374,628 | $356,050 | 314 | 31 | 98.3% | 15.7% | 17.0% | -11.5% |
| 2004 | $469,297 | $449,000 | 290 | 25 | 98.1% | 25.3% | 26.1% | -7.6% |
| 2005 | $451,552 | $438,500 | 376 | 62 | 98.0% | -3.8% | -2.3% | 29.7% |
| 2006 | $396,368 | $360,900 | 329 | 74 | 95.6% | -12.2% | -17.7% | -12.5% |
| 2007 | $398,387 | $380,000 | 313 | 43 | 94.3% | 0.5% | 5.3% | -4.9% |
| 2008 | $372,806 | $333,000 | 231 | 68 | 97.4% | -6.4% | -12.4% | -26.2% |
| 2009 | $307,236 | $275,000 | 274 | 72 | 97.8% | -17.6% | -17.4% | 18.6% |
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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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