by Ryan Kapowich

The January/2008 Completed Sales Report for South San Jose Single-Family Homes saw a closing of 7 sales receiving 102.68% of list price. These closings represented a median price of $540,000 and an average price of $558,500. There were 107 new listings for the month of January.

Total Sales: $3,909,500

vs

The January/2007 Completed Sales Report for South San Jose Single-Family Homes saw a closing of 25 sales receiving 100.96% of list price. These closings represented a median price of $640,000 and an average price of $647,013. There were 74 new listings for the month of January.

Total Sales: $16,175,348

View Larger Map
In January/2008 South San Jose Condos/Townhouses had 9 closed sales receiving 95.59% of list price. These closings represented a median price of $339,000 and an average price of $344,500. There were 45 new listings for the month of January.

Total Sales: $3,100,500

vs

In January/2007 South San Jose Condos/Townhouses had 11 closed sales receiving 100.38% of list price. These closings represented a median price of $415,000 and an average price of $410,340. There were 44 new listings for the month of January.

Total Sales: $4,513,750

In January/2008 Single-family homes in South San Jose had an average of 59 days on market (DOM) and 92 cumulative days on market (CDOM). Condos/Townhouses had an average of 109 DOM and 187 CDOM.

vs

In January/2007 Single-family homes in South San Jose had an average of 61 DOM and 70 CDOM. Condos/Townhouses had an average of 65 DOM
and 70 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