Silicon Valley Real Estate Housing Sales for Cities of Los Altos, Menlo Park, Palo Alto & Mountain View ~ January 2009 ~ Stats & Graphs

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The Jan 2009 Completed Sales Report for Los Altos Single-Family Homes saw a closing of 7 sales receiving 93.94% of list price. These closings represented a median price of $1,620,000 and an average price of $1,900,000. There were 12 new listings reported reported for January. Total Sales: $13,300,000

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The Jan 2009 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 12 sales receiving 95.77% of list price. These closings represented a median price of $1,372,500 and an average price of $1,552,583. There were 43 new listings reported reported for January. Total Sales: $18,631,000

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The Jan 2009 Completed Sales Report for Mountain View Single-Family Homes saw a closing of 6 sales receiving 95.41% of list price. These closings represented a median price of $873,450 and an average price of $978,316. There were 33 new listings reported reported for January. Total Sales: $5,867,900

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Jan 2009~ Los Altos Condos/Townhouses had 0 closed sales. There were 14 new listings reported for January.

Jan 2009~ Palo Alto Condos/Townhouses had 3 closed sales receiving 93.23% of list price. These closings represented a median price of $525,000 and an average price of $757,666. There were 18 new listings reported for January. Total Sales: $2,273,000

Jan 2009~ Mountain View Condos/Townhouses had 2 closed sales receiving of list 95.78% price. These closings represented a median price and an average price of $522,500. There were 35 new listings reported for January. Total Sales: $1,045,000
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Jan 2009~Single-Family Homes in Los Altos had an average of 73 days on market (DOM) and 85 cumulative days on market (CDOM).

Jan 2009~Single-Family Homes in Palo Alto had an average of 44 DOM and 52 CDOM. Condos/Townhouses had an average of 68 DOM and  CDOM.

Jan 2009~Single-Family Homes in Mountain View had an average of 67 DOM and CDOM. Condos/Townhouses had an average of 19 DOM and CDOM.

KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), and the Silicon Valley
Association of Realtors, (SILVAR). 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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