Silicon Valley Real Estate Sales for 2007

The 2007 Completed Sales Report for Santa Clara County
Single-Family Homes saw a closing of 9,110 sales receiving 99.75% of
list price. These closings represented an average price of $1,045,099.
20,270 new listings were also reported.

Total Sales: $ 9,517,718,302

vs

Silicon Valley Real Estate Sales for 2006

The 2006 Completed Sales Report for Santa Clara County
Single-Family Homes saw a closing of 11,826 sales receiving 99.55% of
list price. These closings represented average price of $941,574.
21,573 new listings were also reported.

Total Sales: $ 11,135,061,975

~Single-Family Homes~

2007 ~ Santa Clara County Condos/Townhouses had 3,825 closed sales receiving
99.66% of list price. These closings represented an average price of
$557,700. There were 7,511 new listings for 2007.

Total Sales: $ 2,132,090,328
vs

2006 ~ Santa Clara County Condos/Townhouses had 5,149 closed sales
receiving 99.94% of list price. These closings represented an
average price of $525,535. There were 8,348 new listings for 2006.

Total Sales: $ 2,705,984,931

~Condos & Townhouses~

2007 ~ Single-Family Homes in Santa Clara County had an average of
forty-one days on market (DOM) and fifty-five cumulative
days on market (CDOM). Condos/Townhouses had an average
of forty-one DOM and fifty-four CDOM.

vs

2006 ~ Single-Family Homes in Santa Clara County had an average of
thirty days on market (DOM) and forty-six cumulative
days on market (CDOM). Condos/Townhouses had an average
of thirty DOM and forty-two 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