The January 2008 Completed Sales Report for Los Gatos Single-Family
Homes saw a closing of 16 sales receiving 98.84% of list price. These
closings represented a median price of $1,712,500 and an average price
of $1,653,437. Forty-eight new listings were also reported.

Total Sales: $26,454,998

vs

The January 2007 Completed Sales Report for Los Gatos Single-Family Homes saw a closing of 23 sales receiving 95.42% of list price. These closings represented a median price of $1,600,00 and an average price of $1,718,013. Forty-five new listings were also reported.

Total Sales: $39,514,300

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2008~Los Gatos Condos/Townhouses had 2 closed sales receiving 99.97% of list price. These closings represented a median price and average price of $841,250. There were fourteen new listings for the month of January.

Total Sales: $1,682,500

vs

2007~Los Gatos Condos/Townhouses had 9 closed sales receiving 96.26% of list price. These closings represented a median price of $690,000 and an average price of 691,438. There were nine new listings reported.

Total Sales: $6,222,950

2008~Single-Family Homes in January had an average of 26 days on
market (DOM) and 72 cumulative days on market (CDOM).
Condos/Townhouses had an average of 45 DOM and CDOM.

vs

2007~Single-family homes in January had an average of 52 DOM and 102 CDOM. Condos/Townhouses had an average of 50 DOM and 68 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