Forest Knolls Annual Real Estate Trends

Forest Knolls
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $283,273 $266,000 11 46 98.9%      
1999 $288,869 $264,975 8 83 98.0% 2.0% -0.4% -27.3%
2000 $456,364 $430,000 11 50 97.3% 58.0% 62.3% 37.5%
2001 $531,875 $440,000 4 61 91.9% 16.5% 2.3% -63.6%
2002 $467,194 $432,000 18 78 96.7% -12.2% -1.8% 350.0%
2003 $540,906 $547,000 16 75 100.2% 15.8% 26.6% -11.1%
2004 $712,583 $625,000 12 76 96.5% 31.7% 14.3% -25.0%
2005 $783,333 $690,000 6 74 96.2% 9.9% 10.4% -50.0%
2006 $626,667 $622,500 6 108 96.5% -20.0% -9.8% 0.0%
2007 $736,000 $730,000 3 20 99.1% 17.4% 17.3% -50.0%

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 January 2007.