by Ryan Kapowich

The March/2008 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 274 sales receiving 98.18% of list price. These closings represented an average price of $1,1,58,731.
There were 709 new listings reported to the MLS in March/2008.

Total Sales: $317,492,419

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The February/2008 Completed Sales Report for San Mateo County
Single-Family Homes saw a closing of 212 sales receiving 98.62 % of list price. These closings represented an average price of $1,444,257.
There were 669 new listings reported to the MLS in February/2008.

Total Sales: $304,738,290

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The January 2008 Completed Sales Report for San Mateo County Single-Family Homes saw a closing of 152 sales receiving 96.81% of list price. These closings had an average price of $1,206,153. There were 561 new listings reported.

Total Sales: $183,335,371

~San Mateo County Real Estate ~ Single-Family Homes~

March/2008~San Mateo County Condos/Townhouses had 89 closed sales receiving 97.49% of list price. These closings represented an average price of $607,448. There were 196 new listings reported to the MLS in February/2008.

Total Sales: $54,062,900

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February/2008~San Mateo County Condos/Townhouses had 67 closed sales receiving 97.27% of list price. These closings represented an average price of $552,283. There were 187 new listings reported to the MLS in February/2008.

Total Sales: $37,002,965

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January/2008~San Mateo County Condos/Townhouses had 47 closed sales receiving 97.77% of list price. These closings had an average price of $584,856. There were 171 new listings for the month of January.

Total Sales: $27,488,252

~San Mateo County Real Estate ~ Condos & Townhouses~

March/2008~Single-Family Homes in San Mateo County had an average of 54 days on market (DOM) and 74 cumulative days on market (CDOM). Condos/Townhouses had an average of 56 DOM and 77 CDOM.

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February/2008~Single-Family Homes in San Mateo County had an average of 60 days on market (DOM) and 84 cumulative days on market (CDOM). Condos/Townhouses had an average of 70 DOM and 91 CDOM.

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January/2008~Single-Family Homes in Santa Clara County had an average of 63 days on market (DOM) and 76 cumulative days on market (CDOM). Condos/Townhouses had an average of 74 DOM and 98 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