Monte Rio Annual Real Estate Trends

Monte Rio
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $171,395 $159,000 55 88 95.9%      
1999 $182,593 $153,250 62 81 96.9% 6.5% -3.6% 12.7%
2000 $203,798 $180,000 53 46 98.6% 11.6% 17.5% -14.5%
2001 $219,066 $202,500 35 71 97.9% 7.5% 12.5% -34.0%
2002 $275,252 $235,000 44 84 97.4% 25.6% 16.0% 25.7%
2003 $298,651 $286,000 44 90 97.7% 8.5% 21.7% 0.0%
2004 $335,150 $329,950 36 97 97.0% 12.2% 15.4% -18.2%
2005 $490,098 $427,000 50 68 99.0% 46.2% 29.4% 38.9%
2006 $444,381 $404,000 21 99 97.8% -9.3% -5.4% -58.0%
2007 $456,383 $394,500 18 138 98.1% 2.7% -2.4% -14.3%

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.