East Palo Alto Annual Real Estate Trends

SINGLE-FAMILY HOMES % Change from Year Before
Area Year No. Sales Median Price Average Price Avg DOM New Listings Sales Median Price Average Price New Listings
EP 1998 89 $193,000 $196,606 60 137        
EP 1999 103 $251,000 $251,984 50 129 15.7% 30.1% 28.2% -5.8%
EP 2000 120 $341,500 $358,553 55 199 16.5% 36.1% 42.3% 54.3%
EP 2001 115 $385,000 $390,916 76 255 -4.2% 12.7% 9.0% 28.1%
EP 2002 127 $399,000 $416,188 96 220 10.4% 3.6% 6.5% -13.7%
EP 2003 145 $425,000 $433,651 73 267 14.2% 6.5% 4.2% 21.4%
EP 2004 213 $489,000 $512,820 45 258 46.9% 15.1% 18.3% -3.4%
EP 2005 191 $607,000 $620,962 33 272 -10.3% 24.1% 21.1% 5.4%
EP 2006 155 $649,000 $666,292 51 380 -18.8% 6.9% 7.3% 39.7%
EP 2007 83 $615,000 $632,435 91 353 -46.5% -5.2% -5.1% -7.1%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

 

These statistics are generated using information from the RE InfoLink MLS, but have not been verified and are not guaranteed. RE InfoLink disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

This page is copyrighted by http://rereport.com. All rights are reserved.