by Ryan Kapowich

The November 2007 Completed Sales Report for Santa Teresa Single-Family
Homes saw a closing of 8 sales receiving 99.18% of list price.

These closings represented a median price of $681,500 and an average price
of $746,750. Thirty-six new listings were also reported.

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Santa Teresa Condos/Townhouses had 2 closed sales receiving 93.63% of
list price. These closings represented a median price of $480,000 and
an average price of $480,000.

There were four new listings for the month of November.

Single-family homes in Santa Teresa had an average of 51 days on
market (DOM) and 106 cumulative days on market (CDOM).
Condos/Townhouses had an average of 40 DOM
and 86 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