The January 2008 Silicon Valley Sales Report for Central San Jose
Single-Family Homes saw a closing of 19 sales receiving 97.19% of
list price. These closings represented a median price of $649,000
and an average price of $696,599. There were 90 new listings also reported.

Total Sales: $13,235,388

vs

The January 2007 Completed Sales Report for Central San Jose
Single-Family Homes saw a closing of 30 sales receiving 99.71% of
list price. These closings represented a median price of $604,400
and an average price of $700,973. There 75 new listings also reported.

Total Sales: $12,831,400

2008~Central San Jose Condos/Townhouses had 12 closed sales receiving 97.27% of list price. These closings represented a median price of $456,250 and an average price of $449,480. There were 71 new listings for the month of January.

Total Sales: $13,235,388

vs

2007~Central San Jose Condos/Townhouses had 24 closed sales receiving 99.28% of list price. These closings represented a median price of $547,500 and an average price of $534,641. There were 52 new listings for the month of January.

Total Sales: $ 12,831,400

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2008~Single-Family Homes in Central San Jose had an average
of 55 days on market (DOM) and 88 cumulative days on market
(CDOM). Condos/Townhouses had an average of 72 DOM and
95 CDOM.

vs

2007~Single-Family Homes in Central San Jose had an average of 53 DOM and 67 CDOM. Condos/Townhouses had an average of 63 DOM and 72 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