by Ryan Kapowich

The September 2007 Completed Sales Report for Cupertino Single-Family
Homes saw a closing of 28 sales receiving 100.62% of list price. These
closings represented a median price of $1,304,000 and an average price
of $1,382,741. Fifty-one new listings were also reported.

Cupertino Condos/Townhouses had 9 closed sales receiving 100.76% of
list price. These closings represented a median price of $722,000 and
an average price of $766,333. There were sixteen new listings for the
month of September.

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Single-family homes in Cupertino had an average of eighteen days on
market (DOM) and twenty cumulative days on market (CDOM).
Condos/Townhouses had an average of twenty DOM
and twenty-nine CDOM.

~Graph is for City of Cupertino’s 95014~

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