by Ryan Kapowich

The Q4 2007 Silicon Valley Real Estate Sales Report for Los Altos Single-Family Homes saw a closing of 63 sales receiving 100.13% of list price. These closings represented a median price of $1,750,000 and an average price of $1,938,176. Sixty-one new listings were also reported to the MLS during Q4.

Total Sales: $122,105,137

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The Q4 2006 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 90 sales receiving 98.52% of list price. These closings represented a median price of $1,635,500 and an average price of $1,842,641. Seventy-one new listings were also reported to the MLS during Q4.

Total Sales: $165,837,776

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Q4 2007 ~ Los Altos Condos/Townhouses saw a closing of 25 sales receiving 100.69% of list price. These closings represented a median price of $908,000 and an average price of $872,077. Nineteen new listings were also reported to the MLS during Q4.

Total Sales: $21,801,940

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Q4 2006 ~ Los Altos Condos/Townhouses saw a closing of 16 sales receiving 97.37% of list price. These closings represented a median price of $667,500 and an average price of $698,703. Eleven new listings were also reported to the MLS during Q4.

Total Sales: $11,179,250

Q4 2007 ~ Single-family homes in Los Altos had an average of 32 days on market (DOM) and 40 cumulative days on market (CDOM). Condos/Townhouses had an average of 16 DOM and CDOM.

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Q4 2006 ~ Single-family homes in Los Altos had an average of 32 DOM and 55 CDOM. Condos/Townhouses had an average of 35 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