The Q1/2007 Completed Sales Report for Palo Alto Single-Family
Homes saw a closing of 88 sales receiving 104.06% of list price. These
closings represented a median price of $1,583,500 and an average price
of $1,861,633. There were 69 new listings for the 4th Quarter of 2007.
Total Sales: $163,823,780
vs
The Q1/2006 Completed Sales Report for Palo Alto Single-Family
Homes saw a closing of 112 sales receiving 100.49% of list price. These
closings represented a median price of $1,320,625 and an average price
of $1,538,639. There were 86 new listings for the 4th Quarter of 2006.
Total Sales: $172,327,598
Q1/2007~Palo Alto Condos/Townhouses had 27 closed sales receiving
100.18% of list price. These closings represented a median price of $800,000 and an average price of $840,521. There were 28 new listings for the
4th Quarter of 2007. Total Sales: $22,694,079
vs
Q1/2006~Palo Alto Condos/Townhouses had 27 closed sales receiving
99.77% of list price. These closings represented a median price of $674,000 and an average price of $732,585. There were 25 new listings for the 4th Quarter of 2006. Total Sales: $19,779,800
Q1/2007~Single-Family Homes in Palo Alto had an average of 23 days on
market (DOM) and 24 (CDOM).
Condos/Townhouses had an average of 30 DOM and CDOM.
vs
Q1/2006~Single-Family Homes in Palo Alto had an average of 28 days on
market (DOM) and 40 (CDOM).
Condos/Townhouses had an average of 42 DOM and 49 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
[...] JaneskaKirklander article is brought to you using rss feeds.Here is a great article on the latest real estate buying and selling news.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 … [...]