by Ryan Kapowich

The October 2007 Completed Sales Report for Berressa Single-Family
Homes saw a closing of 25 sales receiving 96.03% of list price. These
closings represented a median price of $700,00 and an average price
of $711,396. One hundred new listings were also reported.

October Condos/Townhouses had 17 closed sales receiving 98.59% of
list price. These closings represented a median price of $556,000 and
an average price of $534,008. There were forty-four new listings for the
month of October.

Single-family homes in October had an average of fifty days on
market (DOM) and fifty-four cumulative days on market (CDOM).
Condos/Townhouses had an average of forty-four DOM
and seventy-four CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
SILVAR and SCCAOR which partly supports REInfoLink,
a Multiple Listing Service (MLS). REInfoLink 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