Portola Valley 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 |
|
PV |
1997 |
82 |
$826,000 |
$1,052,188 |
56 |
97 |
|
|
|
|
|
PV |
1998 |
73 |
$1,142,000 |
$1,246,228 |
48 |
92 |
-11.0% |
38.3% |
18.4% |
-5.2% |
|
PV |
1999 |
87 |
$1,250,000 |
$1,462,286 |
63 |
96 |
19.2% |
9.5% |
17.3% |
4.3% |
|
PV |
2000 |
90 |
$1,610,000 |
$2,193,835 |
21 |
99 |
3.4% |
28.8% |
50.0% |
3.1% |
|
PV |
2001 |
55 |
$1,695,125 |
$1,858,847 |
54 |
101 |
-38.9% |
5.3% |
-15.3% |
2.0% |
|
PV |
2002 |
63 |
$1,385,000 |
$1,657,339 |
55 |
125 |
14.5% |
-18.3% |
-10.8% |
23.8% |
|
PV |
2003 |
74 |
$1,520,000 |
$1,821,764 |
63 |
111 |
17.5% |
9.7% |
9.9% |
-11.2% |
|
PV |
2004 |
87 |
$1,700,000 |
$1,914,000 |
71 |
137 |
17.6% |
11.8% |
5.1% |
23.4% |
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.
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