by Ryan Kapowich

The September 2007 Completed Sales Report for San Jose Single-Family
Homes saw a closing of 231 sales receiving 98.23% of list price. These
closings represented a median price of $740,000 and an average price
of $833,035. 1,031 new listings were also reported.

San Jose Condos/Townhouses had 85 closed sales receiving 98.80% of
list price. These closings represented a median price of $482,000 and
an average price of $502,292. There were 361 new listings for the
month of September.

Single-family homes in San Jose had an average of forty-two days on
market (DOM) and fifty-seven cumulative days on market (CDOM).
Condos/Townhouses had an average of fifty-six DOM
and sixty-seven 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