by Ryan Kapowich

The September 2007 Completed Sales Report for Los Gatos Single-Family
Homes saw a closing of 17 sales receiving 97.60% of list price. These
closings represented a median price of $1,280,000 and an average price
of $1,346,230. Thirty-six new listings were also reported.

Los Gatos Condos/Townhouses had 6 closed sales receiving 99.41% of
list price. These closings represented a median price of $800,000 and
an average price of $741,416. There were sixteen new listings for the
month of September.

Single-family homes in Los Gatos had an average of forty-three days on
market (DOM) and sixty-three cumulative days on market (CDOM).
Condos/Townhouses had an average of thirty-two DOM
and forty-two CDOM.

It is beneficial for KAPOWICH REAL ESTATE to be a member of
SILVAR and SCCAOR which partly supports REInfoLink,
a Multiple Listing Service (MLS). REInfoLink 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