by Ryan Kapowich

The October 2007 Completed Sales Report for Saratoga Single-Family
Homes saw a closing of 19 sales receiving 97.42% of list price. These
closings represented a median price of $1,546,405 and an average price
of $1,884,623. Forty-eight new listings were also reported.

Saratoga Condos/Townhouses had 3 closed sales receiving 98.58% of
list price. These closings represented a median price of $665,900 and
an average price of $665,900. There were eight new listings for the
month of October.

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Single-family homes in Saratoga had an average of twenty-seven days on
market (DOM) and twenty-nine cumulative days on market (CDOM).
Condos/Townhouses had an average of twenty-seven DOM
and 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