Watsonville Annual Real Estate Trends

Watsonville
(Single Family Homes)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 303 131 $185,000 $185,666        
1997 231 143 $183,000 $185,066 -23.8% 9.2% -1.1% -0.3%
1998 220 165 $205,000 $215,281 -4.8% 15.4% 12.0% 16.3%
1999 190 180 $235,000 $235,415 -13.6% 9.1% 14.6% 9.4%
2000 182 142 $295,000 $304,215 -4.2% -21.1% 25.5% 29.2%
2001 206 132 $339,975 $338,131 13.2% -7.0% 15.2% 11.1%
2002 235 186 $379,000 $377,386 14.1% 40.9% 11.5% 11.6%
2003 315 237 $428,734 $420,800 34.0% 27.4% 13.1% 11.5%
2004 404 377 $514,000 $491,472 28.3% 59.1% 19.9% 16.8%
2005 396 242 $670,000 $674,563 -2.0% -35.8% 30.4% 37.3%
2006 486 176 $675,000 $662,745 22.7% -27.3% 0.7% -1.8%

Watsonville
(Townhomes/Condominiums)
  Units Prices Percent Change
Year Listed Sold Median Average Listed Sold Median Average
1996 87 43 $146,000 $142,784        
1997 86 47 $143,000 $141,479 -1.1% 9.3% -2.1% -0.9%
1998 121 90 $146,000 $147,549 40.7% 91.5% 2.1% 4.3%
1999 108 113 $156,900 $155,667 -10.7% 25.6% 7.5% 5.5%
2000 89 84 $205,000 $200,127 -17.6% -25.7% 30.7% 28.6%
2001 105 63 $274,000 $270,435 18.0% -25.0% 33.7% 35.1%
2002 103 81 $298,700 $292,684 -1.9% 28.6% 9.0% 8.2%
2003 151 142 $336,153 $325,468 46.6% 75.3% 12.5% 11.2%
2004 150 128 $398,900 $379,974 -0.7% -9.9% 18.7% 16.7%
2005 102 147 $473,000 $470,054 -32.0% 14.8% 18.6% 23.7%
2006 178 76 $500,000 $487,021 74.5% -48.3% 5.7% 3.6%


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.