by Ryan Kapowich

The 2007 Completed Sales Report for Saratoga Single-Family
Homes saw a closing of 344 sales receiving 98.24% of list price. These
closings represented a median price of $1,650,000 and an average price
of $1,854,473. There were 524 new listings reported for the 2007.

Total Sales: $ 637,938,786

vs

The 2006 Completed Sales Report for Saratoga Single-Family
Homes saw a closing of 318 sales receiving 97.83% of list price. These
closings represented a median price of $1,550,000 and an average price
of $1,707,971. There were 729 new listings reported for the 2006.

Total Sales: $543,134,980

2007~Saratoga Condos/Townhouses had 47 closed sales receiving 98.94% of
list price. These closings represented a median price of $646,975 and
an average price of $792,734. There were 68 new listings for 2007

Total Sales: $36,465,800

vs

2006~Saratoga Condos/Townhouses had 43 closed sales receiving 99.17% of
list price. These closings represented a median price of $650,000 and
an average price of $713,671. There were 67 new listings for 2006

Total Sales: $30,687,864

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2007~Single-Family Homes in Saratoga had an average of 123 days on
market (DOM) and 123 cumulative days on market (CDOM).
Condos/Townhouses had an average of 123 DOM and 123 CDOM.

vs

2006~Single-Family Homes in Saratoga had an average of 43 days on
market (DOM) and 63 cumulative days on market (CDOM).
Condos/Townhouses had an average of 29 DOM and 38 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