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Santa Clara County Housing 3rd Quarter 2007 Sales vs Santa Clara County 3rd Quarter 2006 Housing Sales ~ What Silicon Valley Real Estate Bubble?

November 6th, 2007 · No Comments

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3rd Quarter ~ 2007

The Q3/2007 Completed Sales Report for Santa Clara County
Single-Family Homes saw a closing of 2,241 sales receiving 99.89% of
list price. These closings represented an average price of $1,059,330.
5,572 new listings were also reported.

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Santa Clara County Condos/Townhouses had 933 closed sales receiving
99.70% of list price. These closings represented an average price of
$560,540. There were 933 new listings for the 3rd Quarter of 2007.
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Single-family homes in Santa Clara County had an average of
thirty-eight days on market (DOM) and fifty-two cumulative
days on market (CDOM). Condos/Townhouses had an average
of thirty-seven DOM and forty-seven CDOM.

3rd Quarter ~ 2006

The 3rd Quarter 2006 Completed Sales Report for Santa Clara County
Single-Family Homes saw a closing of 3,069 sales receiving 99.37% of
list price. These closings represented average price of $943,324.
6,375 new listings were also reported.

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Santa Clara County Condos/Townhouses had 1,347 closed sales
receiving 99.75% of list price. These closings represented an
average price of $531,959. There were 2,491 new listings for
the month of 3rd Quarter of 2007.

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Single-family homes in Santa Clara County had an average of
twenty-nine days on market (DOM) and forty-four cumulative
days on market (CDOM). Condos/Townhouses had an average
of twenty-nine DOM and forty CDOM.

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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!

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

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Tags: Santa Clara County Real Estate · Pat's Stats ~ Silicon Valley Real Estate

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