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The 2007 Silicon Valley Real Estate Housing Sales Report for Central San Jose
Single-Family Homes saw a closing of 375 sales receiving 98.91% of list price. These closings represented a median price of $650,000 and an average price of $705,764. There were 1,189 new listings reported to the MLS during 2007.
Total Sales: $264,661,548
vs
The 2006 Silicon Valley Real Estate Housing Sales Report for Central San Jose Single-Family Homes saw a closing of 654 sales receiving 99.54% of list price. These closings represented a median price of $636,000 and an average price of $673,074. There 1,204 new listings reported to the MLS during 2006.
Total Sales: $440,190,755
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2007~Central San Jose Condos/Townhouses had 273 closed sales receiving 98.91% of list price. These closings represented a median price of $500,000 and an average price of $502,119. There were 655 new listings reported to the MLS during 2007.
Total Sales: $137,078,510
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2006~Central San Jose Condos/Townhouses had 396 closed sales receiving
99.48% of list price. These closings represented a median price of
$498,000 and an average price of $496,712. There were 757 new listings reported to the MLS during 2006.
Total Sales: $196,698,222
2007~Single-Family Homes in Central San Jose had an average of 52 days on market (DOM) and 61 cumulative days on market (CDOM). Condos/Townhouses had an average of 55 DOM and 69 CDOM.
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2006~Single-Family Homes in Central San Jose had an average of 35 DOM and 50 CDOM. Condos/Townhouses had an average of 39 DOM and 54 CDOM.
It is beneficial for KAPOWICH REAL ESTATE to be a member of
Silicon Valley Association of Realtors and Santa Clara County
Association of Realtors which partly supports MLSListings,
a Multiple Listing Service (MLS). MLSListings, also maintains
statistics on real estate transactions for Santa Clara County
and San Mateo County. We love this stuff!
Pat Kapowich,
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com
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