by Ryan Kapowich
The March/2008 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 11 sales receiving 97.01% of list price. These
closings represented a median price of $560,000 and an average price of $570,954. There were 56 new listings for the month of March/2008.
Total Sales: $6,280,500
vs
The March/2007 Silicon Valley Real Estate Sales Report for Santa Teresa Single-Family Homes saw a closing of 25 sales receiving 99.62% of list price. These
closings represented a median price of $715,000 and an average price of $719,371. There were 40 new listings for the month of March/2007.
Total Sales: $17,984,288
Santa Teresa Real Estate Sales for Single-Family Homes
March/2008~Santa Teresa Condos/Townhouses had 2 closed sales receiving
97.95% of list price. These closings represented a median price and average price of $515,000. There were 8 new listings for the month of March/2008.
Total Sales: $954,000
vs
March/2007~Santa Teresa Condos/Townhouses had 7 closed sales receiving
99.12% of list price. These closings represented a median price of $540,000 and
an average price of $540,428. There were 9 new listings for the of month March/2007.
Total Sales: $3,783,000
Santa Teresa Real Estate Sales for Condos & Townhouses
March/2008~Single-Family Homes in Santa Teresa had an average of 88 days on market (DOM) and 98 cumulative days on market (CDOM). Condos/Townhouses had an average of 118 DOM and CDOM.
vs
March/2007~Single-Family Homes in Santa Teresa had an average of 25 DOM and 37 CDOM. Condos/Townhouses had an average of 7 DOM and 52 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
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