by Ryan Kapowich
The December 2007 Completed Sales Report for Santa Teresa Single-Family
Homes saw a closing of 9 sales receiving 95.93% of list price. These
closings represented a median price of $645,000 and an average price
of $621,888. There were 25 new listings for the month of December.
Total Sales: $5,597,000
vs
The December 2006 Completed Sales Report for Santa Teresa Single-Family
Homes saw a closing of 25 sales receiving 99.56% of list price. These
closings represented a median price of $685,000 and an average price
of $716,973. There were 11 new listings for the month of December.
Total Sales: $17,924,326
2007~Santa Teresa Condos/Townhouses had 2 closed sales receiving
93.84% of list price. These closings represented a median price of $468,750
and an average price of $468,750. There were 9 new listings for the month of
December.
Total Sales: $937,500
vs
2006~Santa Teresa Condos/Townhouses had 4 closed sales receiving
99.41% of list price. These closings represented a median price of $486,000 and
an average price of $501,750. There were 8 new listings for the of month
December.
Total Sales: $2,007,000
Dec/2007~Single-Family Homes in Santa Teresa had an average of 62 days on
market (DOM) and 103 cumulative days on market (CDOM).
Condos/Townhouses had an average of 55 DOM and 104 CDOM.
vs
Dec/2006~Single-Family Homes in Santa Teresa had an average of 55 days on
market (DOM) and 83 cumulative days on market (CDOM).
Condos/Townhouses had an average of 76 DOM and 158 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
