Much has been written about the housing market of the last decade, but many still have trouble understanding where we are now as opposed to then. This is just a microcosm look at one home model built in the Wildwood area of Thousand Oaks, California.
The tract is Wildflower built between the years 1976 and 1979. The model, a two-story, four-bedroom, three-bath home of 2,150 square feet, is called Plan 400 or Wild Rose. This model made up about 30% of the tract which was comprised of four models and has proved very popular with a downstairs bedroom and full bath plus an indoor laundry. Highs and lows reflect differences in locations within the tract and the degree of improvements made to individual homes. Since this snapshot is dealing with one model, the median and average prices are very close. The market still needs to increase over 10% to reach 2005 levels.
Year | Low | Medium | Average | High | # of Sales |
2003 | 465,000 | 514,000 | 505,600 | 525,000 | 5 |
2004 | 615,000 | 672,500 | 707,167 | 835,000 | 6 |
2005 | 750,000 | 760,000 | 765,360 | 789,900 | 5 |
2006 | 725,000 | 746,000 | 746,750 | 770,000 | 4 |
2007 | 612,000 | 690,000 | 690,167 | 750,000 | 6 |
2008 | 505,000 | 587,000 | 568,400 | 635,000 | 5 |
2009 | 569,000 | 597,000 | 588,667 | 600,000 | 3 |
2010 | 600,000 | 602,500 | 602,500 | 605,000 | 2 |
2011 | 550,000 | 590,000 | 618,333 | 715,000 | 3 |
2012 | 515,000 | 535,000 | 535,000 | 555,000 | 2 |
2013 | 620,000 | 629,000 | 638,250 | 675,000 | 5 |
2014 | 612,000 | 616,000 | 616,000 | 620,000 | 2 |
2015 | 620,000 | 679,250 | 687,125 | 770,000 | 4 |