Sales Up! Inventory Down! Prices Up! & 1,200 More Savvy Buyers Made Their Move in April! Silicon Valley Real Estate Housing Sales Report for Santa Clara County ~ Pics, Graphs & Stats for the Months of April – March 2009 ~

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The April/2009 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 912 sales receiving 96.78% of list price. These closings represented a median price of $470,000 and an average price of $592,877. There were 1,699 new listings reported to the MLS during April. Total Sales: $544,666,748

The March/2009 Santa Clara County (SCC), Real Estate Sales Report for Single-Family Homes saw a closing of 721 sales receiving 97.02% of list price. These closings represented a median price of $450,000 and an average price of $592,941. There were 1,854 new listings reported to the MLS during March. Total Sales: $425,732,127

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Single Family Homes

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Did the Market Market Hit Bottomed in January?

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Santa Clara County Condos & Townhouses

April/2009~SCC Condos/Townhouses had 261 closed sales receiving 96.11% of list price. These closings represented a median price of $280,000 and an average price of $331,644. There were 529 new listings reported to the MLS during April. Total Sales: $86,559,254

March/2009~SCC Condos/Townhouses had 251 closed sales receiving 96.51% of list price. These closings represented a median price of $238,900 and an average price of $308,845. There were 604 new listings reported to the MLS during March. Total Sales: $77,520,285

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Santa Clara County Condos & Townhouses

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Did the Market Market Hit Bottomed in January?

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Days on Market

Apr/2009~Single-Family Homes in SCC had an average of 61 days on
market (DOM) and 102 cumulative days on market (CDOM). Condos/Townhouses had an average of 69 DOM and 109 CDOM. Multi-Family Homes in SCC had an average of 72 days on market (DOM) and 115 cumulative days on market (CDOM)

Mar/2009~Single-Family Homes in SCC had an average of 65 days on
market (DOM) and 102 cumulative days on market (CDOM). Condos/Townhouses had an average of 73 DOM and 111 CDOM. Multi-Family Homes in SCC had an average of 72 days on market (DOM) and 115 cumulative days on market (CDOM)

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Duplex, Triplex, and Fourplex ~Multi Unit Residential Income

The April/2009 Santa Clara County (SCC), Real Estate Sales Report for Multi-Family Homes saw a closing of 27 sales receiving 96.92% of list price. These closings represented a median price of $470,000 and an average price of $513,514. There were 100 new listings reported to the MLS during April. Total Sales: $13,864,900

The March/2009 Santa Clara County (SCC), Real Estate Sales Report for Multi-Family Homes saw a closing of 23 sales receiving 92.90% of list price. These closings represented a median price of $590,000 and an average price of $650,391. There were 110 new listings reported to the MLS during March. Total Sales: $14,959,000

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KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), the Silicon Valley
Association of Realtors, (SILVAR), and the Santa Clara County
Association of Realtors, (SCCAOR). Not the least of which is
their statistical information on real estate transactions.

Pat Kapowich,
“Negotiating Smooth Transactions Throughout The South Bay”
SiliconValleyBroker.com

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