December ~ 2007

The December 2007 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 248 sales receiving 97.10 % of
list price. These closings represented an average price of $1,147,554.
252 new listings were also reported.

Total Sales: $284,593,409

vs

December~2006

The December 2006 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 378 sales receiving 98.14% of
list price. These closings represented average price of $1,011,729.
There were 183 new listings were also reported.

Total Sales: $382,433,632

Single-Family Homes

December~2007

San Mateo County Condos/Townhouses had 55 closed sales receiving
97,35% of list price. These closings represented an average price of
$559,301. There were 89 new listings for the month of December.

Total Sales: $30,761,584

vs

December~2006

San Mateo County Condos/Townhouses had 124 closed sales
receiving 99.12% of list price. These closings represented an
average price of $589,751. There were 105 new listings for
the month of December.

Total Sales: $73,129,129

Condos/Townhouses

December~2007

Single-Family Homes in San Mateo County had an average of
57 days on market (DOM) and 69 cumulative days on market (CDOM).
Condos/Townhouses had an average of 65 DOM and 78 CDOM.

vs

December~2006

Single-Family Homes in San Mateo County had an average of
48 days on market (DOM) and 59 cumulative days on market (CDOM).
Condos/Townhouses had an average of 52 DOM and 58 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