Capitola Annual Real Estate Trends

Capitola
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 115 62 $247,500 $275,871        
1997 114 93 $279,000 $298,138 -0.9% 50.0% 12.7% 8.1%
1998 99 71 $352,000 $404,315 -13.2% -23.7% 26.2% 35.6%
1999 100 80 $365,000 $407,784 1.0% 12.7% 3.7% 0.9%
2000 104 80 $502,500 $531,145 4.0% 0.0% 37.7% 30.3%
2001 130 62 $522,500 $628,527 25.0% -22.5% 4.0% 18.3%
2002 121 82 $555,000 $618,552 -6.9% 32.3% 6.2% -1.6%
2003 97 77 $560,000 $632,733 -19.8% -6.1% 0.9% 2.3%
2004 103 76 $670,000 $810,515 6.2% -1.3% 19.6% 28.1%
2005 107 76 $860,000 $975,661 3.9% 0.0% 28.4% 20.4%
2006 113 60 $850,000 $988,017 5.6% -21.1% -1.2% 1.3%
2007 78 47 $844,000 $1,002,212 -31.0% -21.7% -0.7% 1.4%

Capitola
(Townhomes/Condominiums)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 78 62 $111,000 $137,042        
1997 78 64 $137,725 $157,650 0.0% 3.2% 24.1% 15.0%
1998 111 96 $147,000 $161,083 42.3% 50.0% 6.7% 2.2%
1999 91 86 $184,950 $216,154 -18.0% -10.4% 25.8% 34.2%
2000 88 79 $237,500 $267,924 -3.3% -8.1% 28.4% 24.0%
2001 91 67 $275,000 $315,311 3.4% -15.2% 15.8% 17.7%
2002 106 78 $285,000 $304,142 16.5% 16.4% 3.6% -3.5%
2003 93 88 $320,750 $348,610 -12.3% 12.8% 12.5% 14.6%
2004 99 75 $388,000 $419,619 6.5% -14.8% 21.0% 20.4%
2005 83 102 $449,500 $479,005 -16.2% 36.0% 15.9% 14.2%
2006 105 51 $455,000 $505,985 26.5% -50.0% 1.2% 5.6%
2007 89 53 $427,000 $502,188 -15.2% 3.9% -6.2% -0.8%

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.

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