San Rafael Annual Real Estate Trends

San Rafael
(Single Family Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $459,634 $385,000 682 36 98.0%      
1999 $521,501 $445,000 666 31 99.5% 13.5% 15.6% -2.3%
2000 $625,013 $546,000 631 26 102.8% 19.8% 22.7% -5.3%
2001 $691,987 $583,500 494 58 99.0% 10.7% 6.9% -21.7%
2002 $744,018 $650,000 587 53 99.3% 7.5% 11.4% 18.8%
2003 $778,897 $662,500 635 60 98.7% 4.7% 1.9% 8.2%
2004 $895,804 $770,000 568 45 100.4% 15.0% 16.2% -10.6%
2005 $1,021,527 $879,000 533 40 100.9% 14.0% 14.2% -6.2%
2006 $1,031,686 $876,500 456 58 97.8% 1.0% -0.3% -14.4%
2007 $1,017,513 $860,000 411 61 98.4% -1.4% -1.9% -9.9%

San Rafael
(Condos & Town Homes)
  Prices Other Percent Change
Average Median Sold DOM SP/LP Average Median Sold
1998 $185,977 $165,000 158 39 98.5%      
1999 $220,185 $197,500 150 25 100.4% 18.4% 19.7% -5.1%
2000 $275,620 $250,000 163 24 102.8% 25.2% 26.6% 8.7%
2001 $360,516 $306,500 170 48 99.7% 30.8% 22.6% 4.3%
2002 $403,675 $384,300 225 54 99.6% 12.0% 25.4% 32.4%
2003 $410,155 $375,000 216 54 99.6% 1.6% -2.4% -4.0%
2004 $459,967 $439,500 266 44 102.3% 12.1% 17.2% 23.1%
2005 $528,365 $501,000 209 40 102.5% 14.9% 14.0% -21.4%
2006 $549,692 $516,970 196 71 98.9% 4.0% 3.2% -6.2%
2007 $587,744 $575,000 139 88 98.8% 6.9% 11.2% -29.1%


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.