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Market Jitters Shook Home Buyers in 2000-2001, too. Silicon Valley Real Estate Report for San Jose Citywide Housing Sales in Q-1/2001 vs Q-1/2003 vs Q-1/2005 vs Q-1/2008

May 22nd, 2008 · No Comments

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The Q-1/2008 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 695 sales receiving 97.59% of
list price. These closings represented a median price of $660,000
and an average price of $755,553. There were 3,340 new listings
reported to the MLS for Q-1/2008 . Total Sales: $524,354,260

vs

The Q-1/2005 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,695 sales receiving 102.34% of
list price. These closings represented a median price of $650,000
and an average price of $714,091. There were 2,765 new listings
reported to the MLS for Q-1/2005. Total Sales: $1,210,384,444

vs

The Q-1/2003 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,381 sales receiving 97.78% of
list price. These closings represented a median price of $495,000
and an average price of $542,326. There were 3,421 new listings
reported to the MLS for Q-1/2003. Total Sales: $748,952,278

vs

The Q-1/2001 Completed Sales Report for San Jose
Single-Family Homes saw a closing of 1,090 sales receiving 100.59% of
list price. These closings represented a median price of $510,000
and an average price of $572,684. There were 3,422 new listings
reported to the MLS for Q-1/2001. Total Sales: $624,225,978

~San Jose Single-Family Homes Sales Citywide~

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The Q-1/2008 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 249 sales receiving 97.22% of
list price. These closings represented a median price of $440,000
and an average price of $453,203. There were 1,133 new listings
reported to the MLS for Q-1/2008. Total Sales: $8,592,000

vs

The Q-1/2005 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 777 sales receiving 103.50% of
list price. These closings represented a median price of $400,000
and an average price of $423,343. There were 1,036 new listings
reported to the MLS for Q-1/2005. Total Sales: $328,938,055

vs

The Q-1/2003 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 567 sales receiving 98.33% of
list price. These closings represented a median price of $325,000
and an average price of $336,681. There were 1,392 new listings
reported to the MLS for Q-1/2003. Total Sales: $190,898,452

vs

The Q-1/2001 Completed Sales Report for San Jose
Condos/Townhouses saw a closing of 504 sales receiving 101.67% of
list price. These closings represented a median price of $321,000
and an average price of $348,225. There were 1,316 new listings
reported to the MLS for Q-1/2001. Total Sales: $175,505,668

~San Jose Condos/Townhouses Sales Citywide~

 

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Q-1/2008 ~Single-Family Homes in Central San Jose had an average
of 63 days on market (DOM) and 91 cumulative days on market
(CDOM). Condos/Townhouses had an average of 73 DOM and
93 CDOM.

vs

Q-1/2005~Single-Family Homes in Central San Jose had an average of 19 days on market (DOM) and 25 cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 18 CDOM.

vs

Q-1/2003~Single-Family Homes in Central San Jose had an average
of 39 days on market (DOM) and 69 cumulative days on market
(CDOM). Condos/Townhouses had an average of 47 DOM and
71 CDOM.

vs

Q-1/2001~Single-Family Homes in Central San Jose had an average of 22 days on market (DOM) and 29cumulative days on market (CDOM).
Condos/Townhouses had an average of 16 DOM and 20 CDOM.
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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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Tags: San Jose Citywide/All Zones · All Pat's Stats ~ Silicon Valley Real Estate

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