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 | $573,625 | $562,500 | 176 | 36 | 97.6% | 8.7% | 9.2% | 13.5% |
| 2004 | $713,060 | $702,500 | 148 | 28 | 97.7% | 24.3% | 24.9% | -15.9% |
| 2005 | $743,920 | $727,000 | 154 | 41 | 96.9% | 4.3% | 3.5% | 4.1% |
| 2006 | $734,287 | $705,000 | 101 | 60 | 95.6% | -1.3% | -3.0% | -34.4% |
| 2007 | $716,125 | $675,000 | 121 | 48 | 96.7% | -2.5% | -4.3% | 19.8% |
| 2008 | $654,152 | $618,500 | 86 | 50 | 95.2% | -8.7% | -8.4% | -28.9% |
| 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 | $373,524 | $355,050 | 304 | 32 | 98.3% | 15.4% | 16.7% | -14.4% |
| 2004 | $469,265 | $449,000 | 280 | 26 | 98.0% | 25.6% | 26.5% | -7.9% |
| 2005 | $486,335 | $457,700 | 260 | 47 | 97.0% | 3.6% | 1.9% | -7.1% |
| 2006 | $397,572 | $364,250 | 322 | 75 | 95.6% | -18.3% | -20.4% | 23.8% |
| 2007 | $398,387 | $380,000 | 313 | 42 | 94.3% | 0.2% | 4.3% | -2.8% |
| 2008 | $372,719 | $333,000 | 229 | 60 | 96.5% | -6.4% | -12.4% | -26.8% |
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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.
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