Glen Ellen Annual Real Estate Trends

Glen Ellen
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $516,833 $380,000 45 58 96.8%      
1999 $606,477 $402,500 52 91 93.3% 17.3% 5.9% 15.6%
2000 $660,984 $540,000 45 55 100.2% 9.0% 34.2% -13.5%
2001 $781,358 $459,950 38 84 94.0% 18.2% -14.8% -15.6%
2002 $780,761 $607,500 44 111 92.6% -0.1% 32.1% 15.8%
2003 $697,072 $514,500 32 122 96.9% -10.7% -15.3% -27.3%
2004 $753,493 $605,000 39 110 95.5% 8.1% 17.6% 21.9%
2005 $1,215,843 $830,000 35 72 97.9% 61.4% 37.2% -10.3%
2006 $817,800 $757,500 30 102 97.1% -32.7% -8.7% -14.3%
2007 $1,252,832 $1,090,000 21 85 97.3% 53.2% 43.9% -30.0%

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, 2008.