The February/2008 Silicon Valley Real Estate Housing Sales Report for Los Gatos/Monte Sereno Single-Family Homes saw a closing of 17 sales receiving 97.89% of list price. These
closings represented a median price of $1,598,000 and an average price of $1,536,823. There were 65 new listings reported to the MLS during February ‘08.

Total Sales: $26,126,000

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The February/2007 Silicon Valley Real Estate Housing Sales Report for Los Gatos/Monte Sereno Single-Family Homes saw a closing of 29 sales receiving 98.91% of list price. These closings represented a median price of $1,535,000 and an average price of $1,570,482. There were 45 new listings reported to the MLS during Feb ‘07.

Total Sales: $45,544,000

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Feb/2008~Los Gatos Condos/Townhouses had 4 closed sales receiving 97.63% of list price. These closings represented a median price of $640,000 and average price of $669,250. There were 13 new listings reported to the MLS during February ‘08.

Total Sales: $2,677,000

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Feb/2007~Los Gatos Condos/Townhouses had 9 closed sales receiving 98.97% of list price. These closings represented a median price of $645,000 and an average price of $636,944. There were 16 new listings reported to the MLS during Feb ‘07.

Total Sales: $5,732,500

Feb 2008~Single-Family Homes had an average of 104 days on
market (DOM) and 143 cumulative days on market (CDOM).
Condos/Townhouses had an average of 131 DOM and CDOM.

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Feb 2007~Single-family homes in January had an average of 39 DOM and 48 CDOM. Condos/Townhouses had an average of 97 DOM and 130 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