Valley Center Annual Real Estate Market Trends
| Valley Center | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $266,109 | $237,500 | 207 | 94 | 96.8% | |||
| 1999 | $300,038 | $265,000 | 225 | 91 | 95.7% | 12.8% | 11.6% | 8.7% |
| 2000 | $340,455 | $310,000 | 209 | 76 | 96.0% | 13.5% | 17.0% | -7.1% |
| 2001 | $371,621 | $339,900 | 199 | 80 | 96.7% | 9.2% | 9.6% | -4.8% |
| 2002 | $460,709 | $400,000 | 238 | 70 | 96.1% | 24.0% | 17.7% | 19.6% |
| 2003 | $497,167 | $469,500 | 238 | 72 | 97.5% | 7.9% | 17.4% | 0.0% |
| 2004 | $663,712 | $600,000 | 292 | 58 | 97.4% | 33.5% | 27.8% | 22.7% |
| 2005 | $695,840 | $666,500 | 212 | 69 | 96.3% | 4.8% | 11.1% | -27.4% |
| 2006 | $788,780 | $700,000 | 183 | 82 | 96.3% | 13.4% | 5.0% | -13.7% |
| 2007 | $722,450 | $650,000 | 121 | 85 | 95.4% | -8.4% | -7.1% | -33.9% |
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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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