The January/2008 Completed Sales Report for Los Altos Single-Family
Homes saw a closing of 13 sales receiving 100.01% of list price. These
closings represented a median price of $1,880,000 and an average price
of $1,963,346. There were 28 new listings reported to the MLS for the month of January.

vs

The January/2007~Completed Sales Report for Los Altos Single-Family
Homes saw a closing of 15 sales receiving 95.58% of list price. These
closings represented a median price of $1,480,000 and an average price
of $1,744,200. There were 23 new listings reported to the MLS for the month of January.

January/2008~ Los Altos Condos/Townhouses had 2 closed sales receiving 99.27% of list price. These closings represented a median price and an average
price of $672,000. There were 6 new listings reported to the MLS for the month of January.

vs

January/2007~ Los Altos Condos/Townhouses had 4 closed sales receiving 99.86% of list price. These closings represented a median price of $756,250 and
an average price of $734,375. There were 6 new listings reported to the MLS for the month of January.

January/2008~ Single-Family Homes in Los Altos had an average of 23 days on market (DOM) and 30 cumulative days on market (CDOM).
Condos/Townhouses had an average of 30 DOM and CDOM.

vs

January/2007~ Single-Family Homes in Los Altos had an average of 50 days on market (DOM) and 98 cumulative days on market (CDOM).
Condos/Townhouses had an average of 25 DOM and 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