by Ryan Kapowich

The January 2008 Completed Sales Report for Alum Rock Single-Family
Homes saw a closing of 11 sales receiving 97.91% of list price. These
closings represented a median price of 450,000 and an average price
of $511,000. There were 222 new listings reported to the MLS in
January. Total Sales: $5,621,000

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The January 2007 Completed Sales Report for Alum Rock Single-Family
Homes saw a closing of 38 sales receiving 99.46% of list price. These
closings represented a median price of $635,000 and an average price
of $661,868. There were 139 new listings reported to the MLS in
January. Total Sales: $25,151,000

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Jan/2008~ Alum Rock Condos/Townhouses had 2 closed sales receiving 96.11% of list price. These closings represented a median price of $469,500 and an average price of $469,500. There were 40 new listings reported to the MLS in January. Total Sales: $939,000

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Jan/2007~Alum Rock Condos/Townhouses had 5 closed sales receiving 100.49% of list price. These closings represented a median price of $475,000 and an average price of $458,400. There were 21 new listings reported to the MLS in January. Total Sales: $2,292,000

Jan/2008~Single-family homes in Alum Rock had an average of 64 days on
market (DOM) and 150 cumulative days on market (CDOM).
Condos/Townhouses had an average of 45 DOM and CDOM.

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Jan/2007~Single-family homes in Alum Rock had an average of 58 days on
market (DOM) and 72 cumulative days on market (CDOM).
Condos/Townhouses had an average of 76 DOM and 107 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