Cotati Annual Real Estate Trends

Cotati
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $216,611 $200,000 117 56 98.6%      
1999 $260,629 $243,500 114 40 98.9% 20.3% 21.8% -2.6%
2000 $327,777 $307,000 82 34 99.9% 25.8% 26.1% -28.1%
2001 $352,152 $332,500 64 59 98.5% 7.4% 8.3% -22.0%
2002 $405,692 $384,750 82 63 98.7% 15.2% 15.7% 28.1%
2003 $477,587 $425,000 83 65 99.2% 17.7% 10.5% 1.2%
2004 $541,041 $490,000 83 54 100.0% 13.3% 15.3% 0.0%
2005 $667,377 $590,000 99 55 99.7% 23.4% 20.4% 19.3%
2006 $631,799 $579,000 66 90 97.3% -5.3% -1.9% -33.3%
2007 $666,325 $590,000 36 139 96.7% 5.5% 1.9% -45.5%

Cotati
(Condos & Town Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $113,791 $105,750 28 30 99.0%      
1999 $108,421 $108,400 33 32 99.7% -4.7% 2.5% 17.9%
2000 $162,545 $160,498 28 20 101.6% 49.9% 48.1% -15.2%
2001 $208,812 $210,000 29 51 99.0% 28.5% 30.8% 3.6%
2002 $221,364 $226,500 54 59 100.3% 6.0% 7.9% 86.2%
2003 $241,516 $239,900 65 55 100.1% 9.1% 5.9% 20.4%
2004 $369,568 $364,750 89 32 100.9% 53.0% 52.0% 36.9%
2005 $412,696 $393,500 66 49 100.7% 11.7% 7.9% -25.8%
2006 $353,149 $334,000 50 79 99.3% -14.4% -15.1% -24.2%
2007 $352,421 $343,000 41 126 97.9% -0.2% 2.7% -18.0%

DEFINITIONS

Median Price
Median Price is that 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 the average time it took to sell all properties.
SP/LP
The average selling price divided by the average list price.

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Based on information from BAREIS for the period January, 1998 through September, 2007.