by Ryan Kapowich

The May 2009 Completed Sales Report for the city of Milpitas Single-Family Homes saw a closing of 37 sales receiving 98.34% of list price. These closings represented a median price of $440,000 and an average price of $475,551. There were 38 new listings reported reported for May.

Total Sales: $17,595,400

Milpitas City Hall

May 20098 ~ Milpitas Condos/Townhouses had 12 closed sales receiving 98.81% of list price. These closings represented a median price of $232,500 and an average price of $240,125. There were 13 new listings reported for May.

Total Sales: $2,881,500

May 2009 ~ Single-Family Homes in Milpitas had an average of 81 DOM. Condos/Townhouses had an average of 39 DOM.

KAPOWICH REAL ESTATE derives many benefits from its
memberships in the National Association of Realtors,
the California Association of Realtors, the Silicon Valley
Association of Realtors, and the Santa Clara County
Association of Realtors. 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.