South Salinas Annual Real Estate Trends

South Salinas
(Single Family Homes)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 351 175 $175,000 $177,954        
1996 329 168 $175,000 $179,786 -6.3% -4.0% 0.0% 1.0%
1997 293 212 $174,950 $182,578 -10.9% 26.2% 0.0% 1.6%
1998 288 238 $182,250 $193,536 -1.7% 12.3% 4.2% 6.0%
1999 268 231 $225,000 $224,451 -6.9% -2.9% 23.5% 16.0%
2000 279 246 $259,950 $268,745 4.1% 6.5% 15.5% 19.7%
2001 340 227 $308,000 $318,449 21.9% -7.7% 18.5% 18.5%
2002 306 279 $328,000 $336,188 -10.0% 22.9% 6.5% 5.6%
2003 327 260 $389,500 $404,226 6.9% -6.8% 18.8% 20.2%
2004 373 304 $485,000 $495,035 14.1% 16.9% 24.5% 22.5%
2005 554 343 $590,000 $606,358 48.5% 12.8% 21.6% 22.5%
2006 529 192 $597,000 $595,739 -4.5% -44.0% 1.2% -1.8%
2007 460 131 $540,000 $555,837 -13.0% -31.8% -9.5% -6.7%

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South Salinas
(Townhomes/Condominiums)
  Units Prices % Change from year before
Year Listed Sold Median Average Listed Sold Med Ave
1995 51 13 $144,000 $136,169        
1996 37 22 $131,000 $133,438 -27.5% 69.2% -9.0% -2.0%
1997 44 22 $140,000 $133,850 18.9% 0.0% 6.9% 0.3%
1998 48 45 $135,000 $140,576 9.1% 104.5% -3.6% 5.0%
1999 23 27 $149,900 $146,500 -52.1% -40.0% 11.0% 4.2%
2000 25 25 $147,000 $154,664 8.7% -7.4% -1.9% 5.6%
2001 44 27 $220,000 $213,885 76.0% 8.0% 49.7% 38.3%
2002 39 32 $258,750 $239,375 -11.4% 18.5% 17.6% 11.9%
2003 39 38 $281,450 $275,861 0.0% 18.8% 8.8% 15.2%
2004 33 32 $327,000 $321,063 -15.4% -15.8% 16.2% 16.4%
2005 50 35 $425,000 $411,666 51.5% 9.4% 30.0% 28.2%
2006 72 22 $440,000 $440,591 44.0% -37.1% 3.5% 7.0%
2007 43 8 $362,500 $369,250 -40.3% -63.6% -17.6% -16.2%

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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