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DQNews Archived Article

Spring Update
May 11, 2001

La Jolla, CA.—Home sales in the mid- and entry-level categories have picked up a lot of dropped activity from the move-up and prestige categories during the past few weeks. Sales counts overall are off by 5-7 percent compared to a year ago, appreciation rates are still strong and most markets can expect to see new price peaks in April and May.

Haves and have-nots: The 1990s widening gap in appreciation rates between entry-level and move-up markets is leveling off and may even be reversing. Entry-level homes increased in value at a 5% annual rate from 1996 to 2000, while move-up homes increased at roughly twice that rate. The gap has narrowed during the last half year and March numbers indicate that the appreciation rate for smaller homes exceeded the rate for larger homes. More next week.

Source: DataQuick Information Systems

Media Inquiries: John Karevoll (909)867-9534
Copyright © 2001 DataQuick Information Systems.
All rights reserved.

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  • 2001 Releases

    Southland Home Prices Up, Sales Flat in December
    January 19, 2001
    Bay Area Home Sales, Prices Down in December
    January 25, 2001
    California Construction Up
    February 1, 2001
    California Foreclosures Down Again
    February 12, 2001
    Southland Home Sales, Prices Up in January
    February 21, 2001
    Bay Area Home Sales Strong, Prices Up in January
    February 23, 2001
    California Million-Dollar Home Sales Up in 2000
    February 22, 2001
    California Homeowners 'Make' $2,384 Monthly
    March 9, 2001
    Southland Home Sales Dip, Prices Up in February
    March 20, 2001
    Bay Area Home Sales Strong, Prices Up in February
    March 26, 2001
    Southland Home Prices Reach New Record in March
    April 25, 2001
    Bay Area Home Sales Down, Prices Up in March
    April 25, 2001
    Housing Values Soar Nationwide
    May 1, 2001
    Spring Update
    May 11, 2001
    Southland Home Sales Dip, Prices Up
    May 21, 2001
    Bay Area Home Sales Down, Prices Leveling Off
    May 23, 2001
    Southland Home Sales Steady, Prices Up
    June 21, 2001
    Bay Area Home Sales Down, Prices Leveling Off in May
    June 25, 2001
    California Million-Dollar Home Sales Down
    July 3, 2001
    Southland Home Sales High, Prices Up in June
    July 25, 2001
    Bay Area Home Sales Down, Prices Leveling Off in June
    July 25, 2001
    California Foreclosures Down
    August 9, 2001
    Entry-level markets take off in Golden State
    August 15, 2001
    Southland Home Sales High, Prices Up in July
    August 23, 2001
    Bay Area Home Sales Down, Prices Leveling Off in July
    August 24, 2001
    Southland Home Sales High, Prices Up in August
    September 24, 2001
    Bay Area Home Sales Down, Prices Leveling Off in August
    September 25, 2001
    Southland Home Sales Dip, Prices Stable in September
    October 19, 2001
    Bay Area Home Sales Down, Prices Flat in September
    October 22, 2001
    California Foreclosures Down
    October 31, 2001
    Record sales to Hispanic home buyers
    November 19, 2001
    Southland Home Sales Up, Prices Stable in October
    November 26, 2001
    Bay Area Home Sales Down, Prices Drop in October
    November 26, 2001
    Southland Home Sales Edge Down, Prices Edge Up
    December 20, 2001
    Bay Area Home Sales Down, Prices Drop Again in November
    December 21, 2001