by Ryan Kapowich

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The September 2007 Completed Sales Report for Menlo Park Single-Family
Homes saw a closing of 21 sales receiving 98.98% of list price. These
closings represented a median price of $1,00,000 and an average price
of $1,282,306. Fifty-six new listings were also reported.

Menlo Park Condos/Townhouses had 2 closed sales receiving 100.76% of
list price. These closings represented a median price and an average
price of $989,500. There were twelve new listings for the month of
September.

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