Silicon Valley Real Estate Housing Sales for Cities of Los Altos, Menlo Park, Palo Alto & Mountain View ~ August 2010 ~ Stats & Graphs

The August 2010 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 32 sales receiving 97.84% of list price. These closings represented a median price of $1,285,000 and an average price of $1,352,634. There were 43 new listings reported reported for August. Total Sales: $43,284,294

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The August 2010 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 29 sales receiving 110.33% of list price. These closings represented a median price of $1,750,000 and an average price of $2,120,948. There were 25 new listings reported reported for August. Total Sales: $61,507,499

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The August 2010 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 35 sales receiving 101.21% of list price. These closings represented a median price of $1,275,000 and an average price of $1,433,294. There were 47 new listings reported reported for August. Total Sales: $50,165,300

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The August 2010 Completed Sales Report for Mountain View Single-Family Homes saw a closing of 27 sales receiving 100.41% of list price. These closings represented a median price of $940,000 and an average price of $979,796. There were 37 new listings reported reported for August. Total Sales: $26,454,500

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Real Estate Market Chart by Altos Research www.altosresearch.com

August 2010 ~Menlo Park Condos/Townhouses had 8 closed sales receiving 98.35% of list price. These closings represented a median price of $610,000 and an average price of $710,500. There were 6 new listings reported for August. Total Sales: $5,684,000

August 2010 ~ Los Altos Condos/Townhouses had 2 closed sales receiving 96.41% of list price. These closings represented a median price of $510,000 and an average price of $510,000. There were 11 new listings reported for August. Total Sales: $1,020,000

August 2010 ~ Palo Alto Condos/Townhouses had 4 closed sales receiving 98.14% of list price. These closings represented a median price of $725,000 and an average price of $751,225. There were 19 new listings reported for August. Total Sales: $3,004,900

August 2010 ~ Mountain View Condos/Townhouses had 24 closed sales receiving of list 98.20% price. These closings represented a median price of $508,500 and an average price of $549,060. There were 44new listings reported for August. Total Sales: $13,177,440
Real Estate Market Chart by Altos Research www.altosresearch.com
August 2010~Single-Family Homes in Menlo Park had an average of 55 days on market (DOM). Condos/Townhouses had an average of 78 DOM.

August 2010~Single-Family Homes in Los Altos had an average of 52 days on market (DOM) and 120 cumulative days on market (CDOM).

August 2010~Single-Family Homes in Palo Alto had an average of 32 DOM. Condos/Townhouses had an average of 27 DOM.

August 2010~Single-Family Homes in Mountain View had an average of 19 DOM. Condos/Townhouses had an average of 71 DOM.

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KAPOWICH REAL ESTATE is a leading real estate brokerage for buyers and sellers in Silicon Valley, providing an unparalleled level of research, education and service. The father/son team has extensive experience in single-family and townhouse/condo buying and selling. Their specialty is “move-up” and “down-size” transactions for clients who wish to sell a home and buy a replacement simultaneously.