Live Oak Annual Real Estate Trends

Live Oak
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 251 146 $230,000 $261,152        
1997 239 194 $253,000 $294,751 -4.8% 32.9% 10.0% 12.9%
1998 271 212 $292,000 $341,535 13.4% 9.3% 15.4% 15.9%
1999 220 187 $345,000 $404,039 -18.8% -11.8% 18.2% 18.3%
2000 260 186 $437,500 $592,103 18.2% -0.5% 26.8% 46.5%
2001 271 150 $535,000 $686,908 4.2% -19.4% 22.3% 16.0%
2002 281 178 $531,635 $583,355 3.7% 18.7% -0.6% -15.1%
2003 238 182 $565,000 $706,640 -15.3% 2.2% 6.3% 21.1%
2004 256 181 $689,000 $821,513 7.6% -0.5% 21.9% 16.3%
2005 278 166 $799,000 $944,920 8.6% -8.3% 16.0% 15.0%

Live Oak
(Townhomes/Condominiums)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 77 41 $154,500 $153,230        
1997 100 87 $165,000 $167,206 29.9% 112.2% 6.8% 9.1%
1998 114 102 $194,000 $189,091 14.0% 17.2% 17.6% 13.1%
1999 78 85 $220,000 $216,435 -31.6% -16.7% 13.4% 14.5%
2000 68 66 $287,500 $275,321 -12.8% -22.4% 30.7% 27.2%
2001 85 58 $318,000 $322,145 25.0% -12.1% 10.6% 17.0%
2002 86 67 $351,000 $324,805 1.2% 15.5% 10.4% 0.8%
2003 85 73 $375,000 $368,491 -1.2% 9.0% 6.8% 13.5%
2004 76 64 $443,000 $435,308 -10.6% -12.3% 18.1% 18.1%
2005 68 99 $515,000 $493,376 -10.5% 54.7% 16.3% 13.3%

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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