The November 2007 Completed Sales Report for Menlo Park Single-Family
Homes saw a closing of 22 sales receiving 98.52% of list price.

These closings represented a median price of $1,230,000 and an average price
of $1,393,486.

Thirty-one new listings were also reported.

Menlo Park Condos/Townhouses had 9 closed sales receiving 101.07% of
list price.

These closings represented a median price of $795,000 and an average
price of $979,500.

There were six new listings for the month of November.

Single-family homes in Menlo Park had an average of thirty days
on market (DOM) and forty-five cumulative days on market (CDOM).
Condos/Townhouses had an average of twenty-six DOM and CDOM.

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It is beneficial for KAPOWICH REAL ESTATE to be a member of
SILVAR and SCCAOR 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