The July 2009 Completed Sales Report for Palo Alto Single-Family Homes saw a closing of 43 sales receiving 96.15% of list price. These closings represented a median price of $1,350,000 and an average price of $1,479,267. There were 53 new listings reported reported for July.
Total Sales: $63,608,519
The July 2009 Completed Sales Report for Menlo Park Single-Family Homes saw a closing of 31 sales receiving 97.06% of list price. These closings represented a median price of $1,115,000 and an average price of $1,220,048. There were 47 new listings reported reported for July.
Total Sales: $37,821,500
July 2009~ Palo Alto Condos/Townhouses had 4 closed sales receiving 95.20% of list price. These closings represented a median price of $1,015,000 and an average price of $1,158,125. There were 20 new listings reported for July.
Total Sales: $4,632,500
July 2009~ Menlo Park Condos/Townhouses had 10 closed sales receiving 96.72% of list price. These closings represented a median price of $662,500 and an average price of $882,500. There were 10 new listings reported for July. Total Sales: $8,825,000
July 2009~Single-Family Homes in Palo Alto had an average of 64 Days on Market (DOM). Condos/Townhouses had an average of 41 DOM.
July 2009~Single-Family Homes in Menlo Park had an average of 43 DOM. Condos/Townhouses had an average of 87 DOM.
KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors, (NAR),
the California Association of Realtors, (CAR), the Silicon Valley
Association of Realtors, (SILVAR), and the Santa Clara County
Association of Realtors, (SCCAOR). Not the least of which is
their statistical information on real estate transactions.
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.