by Ryan Kapowich

The January 2008 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 337 sales receiving 97.18% of list price. These closings had an average price of $1,005.253. There were 1,629 new listings reported.

Total Sales: $338,770,476

vs

The January 2007 Completed Sales Report for Santa Clara County Single-Family Homes saw a closing of 640 sales receiving 98.34% of list price. These closings represented an average price of $944,524. There were 1,343 new listings were also reported.

Total Sales: $604,495,838

2008~Santa Clara County Condos/Townhouses had 138 closed sales receiving 98.07% of list price. These closings had an average price of $523,566. There were 599 new listings for the month of January.

Total Sales: $72,252,119

vs

2007~Santa Clara County Condos/Townhouses had 280 closed sales receiving 99.18% of list price. These closings had an average price of $534,649.

Total Sales: $149,701,787

2008~Single-Family Homes in Santa Clara County had an average of 59 days on market (DOM) and 87 cumulative days on market (CDOM).
Condos/Townhouses had an average of 66 DOM and 85 CDOM.

vs

2007~Single-Family Homes in Santa Clara County had an average of 53 DOM and 71 CDOM. Condos/Townhouses had an average of 49 DOM and 61 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