The February/2008 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 212 sales receiving 98.62 % of list price. These closings represented an average price of $1,444,257.
There were 669 new listings reported to the MLS in February/2008.

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The February/2007 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 271 sales receiving 100.01 % of list price. These closings represented an average price of $1,087,012.
There were 541 new listings reported to the MLS in February/2007.

February/2008~San Mateo County Condos/Townhouses had 67 closed sales receiving
96.99% of list price. These closings represented an average price of $552,283. There were 187 new listings reported to the MLS in February/2008.

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February/2007~San Mateo County Condos/Townhouses had 96 closed sales receiving
98.87% of list price. These closings represented an average price of
$581,576. There were 163 new listings reported to the MLS in February/2007.

February/2008~Single-Family Homes in San Mateo County had an average of
60 days on market (DOM) and 84 cumulative days on market (CDOM).
Condos/Townhouses had an average of 70 DOM and 91 CDOM.
vs

February/2007~Single-Family Homes in San Mateo County had an average of
51 days on market (DOM) and 69 cumulative days on market (CDOM).
Condos/Townhouses had an average of 55 DOM and 71 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