The March/2008 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 274 sales receiving 98.14 % of list price. These closings represented an average price of $1,158,731.
There were 709 new listings reported to the MLS in March/2008.

Total Sales: $317,492,419

vs

The March/2007 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 409 sales receiving 100.85 % of list price. These closings represented an average price of $1,176,472.
There were 714 new listings reported to the MLS in March/2007.

Total Sales: $481,177,441

San Mateo County Sales for Single-Family Homes

March/2008~San Mateo County Condos/Townhouses had 89 closed sales receiving 97.50% of list price. These closings represented an average price of $607,448. There were 187 new listings reported to the MLS in March/2008.

vs

March/2007~San Mateo County Condos/Townhouses had 142 closed sales receiving 99.86% of list price. These closings represented an average price of
$619,715. There were 262 new listings reported to the MLS in March/2007.

San Mateo County Sales for Condos & Townhouses

March/2008~Single-Family Homes in San Mateo County had an average of
54 days on market (DOM) and 74 cumulative days on market (CDOM).
Condos/Townhouses had an average of 56 DOM and 77 CDOM.
vs

March/2007~Single-Family Homes in San Mateo County had an average of
40 days on market (DOM) and 53cumulative days on market (CDOM).
Condos/Townhouses had an average of 43 DOM and 59 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